×
You will be redirected back to your article in seconds

MTG aim: TV4 analog license

Arguments continue over concession fee

AMSTERDAM — Modern Times Group has made a play for the analog license of Sweden’s TV4 Sweden, the largest commercial channel in the Nordic territories.

The license goes hand in hand with a hefty 400 million Swedish kroner ($471 million) concession fee paid by TV4 to the Swedish government, levied in the early 1990s to make up for the advantage TV4 had over satellite networks (including MTG) whose reach was much smaller.

“The competitive advantage for the license holder is considerable for the foreseeable future,” said MTG chief exec Hans-Holger Albrecht.

MTG said the concession fee, which is partly generated by profits from the channel, could swell to $1.2 billion under MTG ownership.

TV4 has argued the fee should be lowered or dropped because, among other factors, penetration for satellite nets is now much higher.

A recent government report has recommended that the concession fee be lowered in 20% increments beginning next year until 2008, which MTG would clearly not support.

“The move by MTG could force the government to take a closer look at the arguments presented in the study in favor of lowering the concession fee,” said one industry analyst.

More TV

  • Homecoming Amazon Studios

    Julia Roberts Will Not Return for 'Homecoming' Season 2

    Julia Roberts will not be starring in “Homecoming” Season 2 at Amazon, Variety has confirmed with sources. The Oscar-winning actress will remain on the show as an executive producer, however. “Homecoming” was picked up for two seasons when it was initially ordered at Amazon, but Roberts only had a one-year deal to star on the show, [...]

  • ‘Metro Exodus’ Opens Up Post-Apocalyptic Russia

    ‘Metro Exodus’ Author On Film, Possible TV Series, Expansive New Game

    Since the launch of the post-apocalyptic survival first-person shooter “Metro 2033” in 2010, the series has kept its action confined to the tunnels running underneath Russia. “Metro Exodus,” due out next month, takes the gameplay to the surface for the first time, going above ground with sprawling levels against a changing backdrop of weather conditions [...]

  • Mr. Peanut to Appear in His

    Mr. Peanut to Appear in His First Super Bowl Commercial

    The monocle-wearing Mr. Peanut is about to offer snack fans an entirely new lens on Super Bowl advertising. Planters, which has featured the anthropomorphic legume for more than a century as its spokes-character, will place him in a 30-second ad slated to appear in the second quarter of CBS’ broadcast of Super Bowl LIII on [...]

  • DRG Boards Sales on Scandi Sci-Fi

    DRG Boards Sales on Scandi Sci-Fi Mystery Series ‘The White Wall’

    Scandinavian sci-fi series “The White Wall” is coming to the international market, starting at NATPE, after DRG picked up international rights to the upcoming project. Finland’s Fire Monkey and Nice Drama, part of the Nordic Entertainment Group, are making “The White Wall” for Swedish pubcaster SVT and its Finnish counterpart, YLE. It will feature a [...]

  • L.A. Teachers' Strike: Hollywood Studios, Unions

    Hollywood Studios, Unions Support Parents and Educators as L.A. Teachers' Strike Rages

    Hollywood unions and entertainment companies have stepped up to support the 31,000 Los Angeles teachers in the second day of a massive strike that’s affected nearly half a million students. More than 50 SAG-AFTRA members picketed at a Tuesday afternoon rally in the driving rain next to the Hollywood & Highland Center with secretary-treasurer Jane [...]

  • R. KellyR. Kelly in concert at

    'Surviving R. Kelly' Producers on the Lifetime Doc's Ripple Effect

    The ripple effect of “Surviving R. Kelly” continues to widen more than a week after the documentary aired on Lifetime, renewing public interest — and outrage — over the litany of sexual abuse allegations against the R&B artist. Lady Gaga and Phoenix have apologized for working with him. Chance the Rapper and other artists are said to [...]

  • Yellowstone

    Viacom Lays Off Paramount Network Staffers Amid Reorganization (EXCLUSIVE)

    Viacom has laid off a number of staffers in its entertainment group, with the majority of the affected employees hailing from Paramount Network, Variety has learned exclusively. A Viacom spokesperson declined to comment. But a source with knowledge of the situation that the number of affected employees was fewer than 20, or less than 2% of [...]

More From Our Brands

Access exclusive content