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 News From You
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Week ending June 3, 2017
The international community are coming together in Bosnia and Herzegovina this June in a last-ditch attempt to save public service media (PSM) in the country.
The conference, in the offices of national broadcaster BHRT, is being organised by the EBU, BHRT, the Bosnia and Herzegovina Journalist Association, the Council of Europe, the Office of the OSCE Representative of Freedom of the Media, the European Federation of Journalists and the South East Europe Media Organisation.
Urgent action needs to be taken to reform the media laws and secure adequate and sustainable funding for PSM or Bosnia and Herzegovina (BiH) is likely to become the only country in Europe without a national public service broadcaster.
Growing political fragmentation in BiH has worked against the existence of the PSM system in its current form and the reforms to the media law that were initially envisaged have never been realised.
Against this backdrop, national broadcaster BHRT has accumulated substantial debts of around 20 million Euro over many years. Erosion of the licence fee, a weak collection system and substantial payment arrears from regional broadcast partners have left BHRT at threat of imminent closure. The model for collecting the licence fee in BiH - through telephone bills - expired a year ago and the Government have been unable to agree on a long term solution for funding PSM. The collapse of PSM in BiH would have a devastating effect, not only on the media system, but on a society already split with ethnic divisions.
EBU Director General Ingrid Deltenre said: "Strong PSM is the bedrock of democratic societies. We urge authorities in BiH to take urgent action to safeguard the future of PSM so it can play an active role in promoting and reinforcing democracy, fostering ethnic tolerance and ensuring social cohesion."
The conference on 13th June will provide an opportunity to bring together authorities in BiH with representatives of the media, international organizations, civil society and other experts to discuss possible solutions for the crisis and ensure proper implementation of Council of Europe and European Union standards.
NBC News and Euronews today announced the closing of a transaction in which NBC News is making a significant financial investment in Euronews. NBC News is acquiring 25% of the company, with the funding going to support expanded news coverage and programming across Europe.
Media Globe Networks will continue to be the majority shareholder in Euronews, and the existing public shareholders will remain in the company and continue to ensure its European focus and sensibility. The company's TV and digital platforms will ultimately be co-branded EuronewsNBC.
Euronews is a widely recognized brand in Europe with nearly 500 journalists, reaching 434 million homes across 158 countries, in 12 languages, on television and on digital platforms.
Andrew Lack, Chairman of NBC News and MSNBC said "If we had started with a blank slate we still could not have designed a better partner for NBC News as we look to strengthen our global reach. Euronews has unmatched scale as well as the unique ability to offer international coverage rooted in a local sensibility in every country and language it spans."
Michael Peters, CEO of Euronews said: "The expertise of NBC News combined with the uniqueness of Euronews' European DNA, will allow us to fully realise our 'All Views' editorial philosophy. This unrivalled collaboration reflects our shared commitment to unbiased reporting. It also strengthens Euronews' mission to empower people around the world with independent information they can trust. In the competitive international news market, Euronews aims to be the go-to media outlet for expertise on European affairs. This is a new age for Euronews and we are pleased to partner with the outstanding NBC News team."
Deborah Turness, President of NBC News International, will lead the NBC side of the collaboration, providing editorial and programming leadership as well as strategic guidance. She will work in partnership with Peters.
"Euronews is a unique news organization, with unparalleled reach in 12 languages," Turness said. "Together NBC News and Euronews will strengthen and deepen the commitment to European journalism and the 'All Views' brand. We will create compelling programming and content that will give voice to the people, the views and the diversity of Europe. It's an immensely exciting time to be investing in Europe's story."
The coming together of the two big brands will see Euronews access NBC's newsgathering, digital content and programming expertise. Likewise, Euronews will provide news content and resources from Europe for use on NBC News and MSNBC programs and platforms.
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