TUESDAY, MARCH 29, 1988
THE
"THE PERIOD OF SUSPENSION SHOULD HAVE REGARD TO SERIOUSNESS OF THE BREACH AS WELL AS THE ADVERSE EFFECTS OF FAILURE TO FULFIL CONTRACTUAL OBLIGATIONS AND DISRUPTION OF SERVICE ΤΟ THE PUBLIC, MISS CHUNG SAID.
ON ROYALTY PAYMENT, IT HAS BEEN DECIDED THAT ROYALTY SHOULD BE CHARGED ON A SLIDING SCALE BASED ON GROSS RECEIPTS FROM TELEVISION ADVERTISING AND LICENSING OF PROGRAMME RIGHTS, SUBJECT ΤΟ A MAXIMUM OF 10 PER CENT ON THE TOTAL RECEIPTS FROM THESE TWO SOURCES OF REVENUE.
OTHER SOURCES OF REVENUE FROM ACTIVITIES PERMITTED BY THE BROADCASTING AUTHORITY WILL NOT BE SUBJECT TO ROYALTY.
MISS CHUNG POINTED OUT THAT IN OCTOBER 1986, THE GOVERNOR IN COUNCIL HAD CONSIDERED THE RECOMMENDATIONS OF THE BROADCASTING REVIEW BOARD (BRB) RELATING TO THE REGULATION OF THE BROADCASTING INDUSTRY.
IT WAS DIRECTED THAT BRB'S RECOMMENDATION TO CALCULATE ROYALTY PAYABLE BY THE TELEVISION LICENSEE COMPANIES ON THE BASIS OF GROSS RECEIPTS SHOULD BE ADOPTED IN THE NEW LICENCE PERIOD AFTER DECEMBER 1, 1988, SUBJECT TO A REVIEW IN 1994.
SUBJECT TO A CEILING OF 10 PER CENT OF THE TOTAL TURNOVER PAYABLE AS ROYALTY, THE FOLLOWING SLIDING SCALE OF PERCENTAGES ON ANNUAL GROSS RECEIPTS AS PROPOSED BY BRD WILL BE ADOPTED FOR THE PURPOSE OF CALCULATING ROYALTY PAYMENTS:
ON THE FIRST $100 MILLION
ON THE NEXT $100 MILLION
1 PER CENT
5 PER CENT
10 PER CENT
ON THE NEXT $100 MILLION
ON THE NEXT $100 MILLION
15 PER CENT
ON THE NEXT $100 MILLION
20 PER CENT
ON THE NEXT $100 MILLION
25 PER CENT
IN ORDER TO ENCOURAGE TELEVISION STATIONS TO IMPROVE THEIR QUALITY OF PROGRAMMES, THE EXCO HAS ENDORSED A RECOMMENDATION BY THE BROADCASTING AUTHORITY THAT AS A CONDITION FOR RENEWAL OF THE TWO LICENCES, THE LICENSEE COMPANIES SHOULD SUBMIT A PROGRAMME OF CAPITAL INVESTMENTS FOR THE NEXT SIX YEARS TO THE BROADCASTING AUTHORITY TO ENSURE A STANDARD OF BROADCASTING ACCEPTABLE ΤΟ THE BROADCASTING AUTHORITY.
RECOMMENDATIONS ΤΟ IMPROVE THE BALANCE AND STANDARD OF TELEVISION PROGRAMMES BY SETTING DOWN MINIMUM REQUIREMENTS FOR BROADCASTING DOCUMENTARIES, CURRENT AFFAIRS, CHILDREN
NEWS PROGRAMMES WERE ACCEPTED BY THE COUNCIL,
AND
/IN RELATION
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