Thu, Feb 09 2012

Bulgaria's Re:TV stops broadcasts

Sat, Nov 28 2009 12:08 CET

byRene Beekman

2142 Views 1 Comment
Bulgaria's Re:TV stops broadcasts

The last broadbast on Re:TV's website is a notice that the station will stop broadcasting.
Photo: The Sofia Echo staff

News TV broadcaster Re:TV announced that it would stop broadcasting after November 27 2009.

The reduced advertising market and the global financial crisis was given by the owners, Citizen Media Foundation, as the reason for the decision, Bulgarian daily Dnevnik said.

In an open letter to its employees, the owners said "For almost two years we have invested money and effort in creating civil television, led by the understanding that the public debate needs a place where important news is communicated and where qualitative discussions on the problems of society and state can take place."

"With the creation of the channel, we wanted to show several things; one was that transparent ownership and financing of media in Bulgaria is possible and that there is a place in Bulgarian society for serious and independent television journalism. We failed," the open letter said.

Investments in the project had totaled nine million leva, money that came from donors of the foundation.

Re:TV started its broadcasts in May 2008 and was headed by journalist Assen Grigorov, who before that had hosted the morning programme on Bulgarian National Television (BNT).

The board of directors of Re:TV included financier Svetoslav Boshilov, Ivo Prokopiev, publisher of Dnevnik and Capital, and political Scientist Ivan Krastev.

Re:TV stopped broadcasting on the evening of November 27, at 10pm.

  • Print
  • Send via email
  • Translate to
  • Share:

Comments

Anonymous Petar Sat, Nov 28 2009 17:55 CET
Report Comment

Shame.


To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

More in this category

Winter weather as archaeologist: Roman building found near Bulgaria's Bourgas

The discovery was made after some of the land in a complex near Bourgas was washed away by rough seas.

Weather crisis disrupts train travel in Bulgaria

No trains could cross the Danube Bridge and passengers from international trains were being taken to the city of Rousse by road transport.

Bulgaria faces further fatal freeze a day after Black Sea devastation

Hazardous weather warnings across the country on February 9, new record-low temperatures, and three people reported frozen to death in Pernik.

Bulgarian Parliament passes controversial Forestry Act amendments

Opposition parties and environmental protection NGOs argued that this and other provisions were the result of lobbyist pressure from ski resort operators.

Bulgaria, Romania suspend shipping on Danube River

Ferry-boat service between the Bulgarian and Romanian banks of the river may continue if the ferry captains decide that the weather conditions allow the safe passage of the boats.

© 2000-2012, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.