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Eastern Europe shows perils of public media funding
News, Marius Dragomir, Published on 16/03/2018
ยป Hungary's state media corporation, MTVA, operated last year with a budget of roughly US$309 million, most of it coming from the government's coffers. That means that MTVA -- which runs television stations, a radio network, and a news agency -- had a daily budget of $846,000. For a country of just 10 million people, that is the definition of a spendthrift quango.
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