Friday, September 2, 2016

Greece awarded four licenses of private television 246 … – Yahoo Finance Spain

Athens, 2 Sep (EFE) .- The auction of Greek private television this morning concluded with the award of four licenses to broadcast two existing channels and two new bidders, totaling 246 million euros.

the white smoke came out after nearly 70 hours of conclave in which the eight bidders were held at the General Secretariat of Media and surrounded Communication of secrecy all, that it prevented them not only communicate with the outside but among themselves.

companies that have obtained a license are the chains existing Skai, which paid a total of 34.6 million euros and channel ANT1, for 75.9 million euros.

a including two newly created companies, Alter Ego, owned by the owner Vanguelis Marinakis, are added for a total of 73.9 million and the channel will open the construction magnate Christos Kalogritas, who paid 52.6 million euros.

the Minister of State in charge of media, Nikos Pappas, said the government did not have to raise such a large amount.

Meanwhile, the government spokesman, Olga Yerovasili, stressed that after nearly 30 years of “arbitrary” operation of private television, has been awarded broadcasting licenses so “absolutely transparent.”

the winning bidders will now have five days to detail how they intend to obtain the necessary financial resources and within 90 days should conclude all the processing required to be operational.

After those three months no channel without a license may continue broadcasting.

the chains to obtain a license must pay a third of the price within thirty days, the next tranche after one year and the last two years.

in its 27 years of existence, the private channels never paid for allowances and worked with provisional licenses

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