Thursday 17 July 2008

Cutting Costs

An article in the Irish Independent casts doubts about the recent proposal for an Irish cinema channel detailed in the new Broadcasting Bill.

The channel, which is proposed to run without advertising and is expected to cost between €3 - €4 million a year, may become a victim of the government's current cost-cutting in light of a more precarious economy.

The Oireachtas Commission that is examining the proposal will conduct a feasibility study. A spokesperson said, "The financing is obviously going to come into that."

'Asked whether the prevailing financial climate could see the channel axed, the spokesman replied he "couldn't rule that in or out" since it was "far too early for that". '

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