×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Public TV to Receive $146M in Subsidies

Russia's public television station will get 4.5 billion rubles ($146 million) in subsidies over the next three years after Prime Minister Dmitry Medvedev approved the framework for providing such funding, according to a document published on the government's website.

The station, which is designed to be neither state-run nor commercial, will receive 1.55 billion rubles ($50 million) from the federal budget in 2013 and 1.5 billion rubles in 2014 and 2015 each.

The funding is meant to reimburse the costs associated with the creation of the channel, broadcasting, production of programs, marketing of the channel on Russian and foreign markets, and maintaining its branches and representative offices, Vedomosti reported.

However, the sum is less than what some had hoped for.

In September, the station's general director Anatoly Lysenko said that 1.5 billion rubles is only 65 to 70 percent of what the station needs to function.

Lysenko said that he intends to look for other sources of funding, though he assured viewers that if there is any advertising on the channel, it will only be in the form of public service announcements.

The national public station is expected to start broadcasting in May 2013.

Related articles:

A Message from The Moscow Times:

Dear readers,

We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."

These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.

We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.

By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more