June 26, 2008

France To Tax Mobile, Internet And TV Revenues To Fund Public Broadcaster

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French President Nicolas Sarkozy has made good on his promise to shake up the country’s media industry. Starting on January 1 next year prime-time advertising on public television will be phased out, with the lost revenues to be replaced by taxes collected from internet, mobile phone and commercial broadcasting companies, Sarkozy announced yesterday, reports Bloomberg via mocoNews.net.

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