Swiss reject move to boost state funding for media

[Sherman A1]

Swiss voters have rejected a move to boost state funding for the media, which has seen advertising revenues evaporate in recent years.

In a referendum on a government decision to expand financial support to Swiss media, close to 55% of voters said 'No'.

Last year, the parliament approved a new government decision to more than double the financial support to private media organisations.

The move was widely welcomed by the media which has come under significant financial pressure as advertising revenues have increasingly gone to large internet platforms.

https://www.rte.ie/news/world/2022/0213/1279575-switzerland-media-referendum/

[musette_sf]

1. I'm a fan of a tax-supported Swiss radio station

https://www.radioswissjazz.ch/

We are a music programme of the Swiss Broadcasting Corporation SRG SSR and are financed by the licence fees paid by Swiss tax payers.

https://www.srgssr.ch/en/who-we-are