Greek TV channels to pay a total of 40 million euros for the use of radiofrequencies

The government told nationwide private and pay TV channels on Thursday to pay a total of 40 million euros which are owed to the State since 2011 for the use of radiofrequencies, according to a document. The debt concerns an annual 2 pct fee which TV channels are required to pay based on their revenues.

Based on the document issued by the government, private TV channels will have to pay 24.15 million euros for the years 2011-2014 and pay TV channels OTE and Multichoice Hellas are asked to fork out 16.32 million euros for the years 2012, 2013, 2014.

The government said the operating license for television channels is granted on condition that the company pays the State a minimum annual fee for the use of some radiofrequencies. The fee has been set to a 2 pct of the channel’s gross revenues, though the percentage can be amended with a joint decision of the finance and press ministries.

The document also says the same law can be applied to radio stations.