End to limits on foreign media investment contained in KRRiTV proposals
The National Radio and Television Council (KRRiTV) is expected to complete w
ork today on the radio and television bill amendment, the most important fea
ture of which will be the abolition of restrictions on foreign capital invol
vement in Poland's domestic media after the country's European Union (EU) ac
cession. Commenting on the proposed changes, KRRiTV chairman Juliusz Braun s
aid the current 33% limit on investment would remain in place until EU acces
sion, when all restrictions on EU member investors would be withdrawn. At th
at time, he added, the limit would be increased to 49% for investors from ou
tside the EU. Another, highly controversial, change under KRRiTV considerati
on is the introduction of a minimum level of funding television channels mus
t set aside to support the film industry. The amended bill is expected to be
submitted to the government next week. (Puls Biznesu, p. 6) P.J.