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Showing posts from April, 2020

MEPs: EU funds must reach tumbling media and creative sectors

Source: EU Parliament 21/4/2020 Support needed for media, with advertising revenues dropping as much as 80%  Make sure EU support reaches culture SMEs, individual creators and charities Create an emergency fund for media, earmark structural funds for culture, and beef up the guarantee instrument Additional EU action is needed to make sure EU help reaches the ravaged media and culture sectors, say EP Culture committee members. The culture and creative sector in the EU - especially individual creators and SMEs - and the media sector are being decimated by the crisis. The European Union must therefore do more to help those struggling sectors to get back on their feet, stress the members of the European Parliament’s Culture and Education Committee, in a letter to Commissioners Thierry Breton and Mariya Gabriel, sent on Monday. Emergency support fund for media The media and press sectors currently play a crucial role in providing accurate information and thorough reporting. They a