France 24’s budgetAugust 19, 2006 at 4:22 pm | Posted in France 24, General Information | 7 Comments
France 24 has raised its annual budget to 80 million Euros because of its plans to broadcast over two channels: one in French, the other in English.
Initial plans was for the French government to allocate 70 millions for the new international news network.
Comparatively, CNN’s budget is 650 million Euros, however, BBC World works with only 70 million Euros.
In the case of France 24, 2.2 million will be used to buy images from other networks for F24’s newscast. As for the “shows,” the network will have 2.6 million Euros available every year.
The French international news channel also hopes to attract funds from advertisers. However, the chairman of the board of directors expects only three million Euros in France 24’s first year.