COPENHAGEN: Danish government and political party Dansk Folkeparti have agreed to replace the public broadcasting service fee with a tax-funded system. This is expected to cause a 20 percent reduction in funding for public broadcaster DR over the next five years, it said. This corresponds to about half the cost of running DR’s main television channel DR1, or the entire Danish public radio operation.
Looking elsewhere in Denmark, Mediavision said media company Egmont has just reported a 3 percent drop in revenue for 2017 from 2016, with lower annual turnover both at Nordisk Film and at Egmont Publishing. However, pre-tax earnings grew by 11 percent, mainly driven by a strong year for Egmont’s TV2 Norway, and increased advertising sales.
