Monaco is set for a significant transformation in its public broadcasting landscape as plans to merge TV Monaco and Monaco Info into a unified independent channel by September 2025 take shape. Minister of State Didier Guillaume announced that the new entity will be autonomously managed by a board of directors along with a strategic council. This shift aims to create a sustainable funding model that mixes public and private advertising revenues, reducing the dependency on state financial support.
The consolidation initiative addresses concerns over TV Monaco’s current budget of 24 million euros, which is notably high, constituting more than one percent of the national budget and triple that of the National Council. Franck Lobono, a member of the National Council, has praised Monaco Info for its high production quality despite its comparatively modest budget. Geneviève Berti, Director of the Prince’s Government’s Communications Department, has been appointed to steer this crucial transition, with detailed responsibilities to be outlined in a mission letter due in January.
Additionally, Monaco plans to exit the international TV5 Monde network by the end of 2025, having joined in 2021 with a 5.3 percent stake. This withdrawal is part of a broader strategic realignment, even as TV5 Monde, facing its own internal challenges, looks to a consortium of seven African nations as possible new partners. This reorganization reflects Monaco's evolving approach to its media presence and international broadcasting commitments.
Comentários