Satellite facing the coup raging financial crisis threatened by bankruptcy, what forced her to reduce employment and reduce employees' salaries, as well as some of the delay in the payment of financial dues for a number of months.
The financial crisis that these channels to suffer from the recession in the advertising market because of the reluctance of the public about political issues and follow-up by his departure for the sake of entertainment content is due, in addition to the level of decline of many broadcasters in many programs Dialogue “Talk show”, Which was another reason -hsp Experts- For the departure of the viewer.
In the face of this situation resorted Egyptian satellite channels to a new trick may save it from the case of bankruptcy facing it; where the programs by reducing direct broadcast “Talk show”, And changed her time Bmslslat exclusive first-run in the Ramadan season, which is used to broadcast the series, hoping to find sponsors as new ads and save it.
Uninstall software
Resorted to other satellite channels to cancel many of its programs because of lack of “Article ad” Such as channel “the hub” That with the beginning of the year closed fallopian axis and 2-axis Drama.
Dream TV dogged by a series of financial missteps have resorted to the sale of the administrative headquarters in Dokki to revive the treasury channel, having suffered from the departure of most broadcasters such as Khaled El-Ghandour announcer sports today, in addition to stop the evening of the tenth program provided by Wael Ibrashi for several times and then returned because of delayed salaries.
Layoffs
The channel “ON TV” Laid off a lot of preparers and broadcasters, and canceled many of its programs during the recent period.
And stop program “new Egypt” Which was provided by the media Demerdash after four years of work, because of the attempt to reduce his wages channel management, and software that stopped channel management “Life” “Dayra life and multi-millionaire and the game of life”.
Outstanding debts
Osama structure revealed -ozyr former head of Information and Media Production City- That the debt owed on the satellite channels and reached more than 500 Million pounds, threatening those channels not to broadcast its programs through the city in the case of the continued refusal of debts due Media Production City.
Among the city's canals Media Production City, which has the structure Banmarha, cable “Orbit” And”Life” And”the hub” And channels “Melody” And”Dream” And”CBC Egypt” And”MBC” And channels “drama” And”Daytime” And”ON TV” Sports channels, in addition to the debts of the Radio and Television Union, which up to 90 Million pounds, divided into specialized sector television channels Egyptian.
And threatened to power companies and telephone services cut off a large number of channels for the lack of commitment to pay the bills, which exceeded 60 Thousand pounds debt Electricity on some channels, and 40 thousand pounds bills telephones on other channels, which is a very high figure in the daily operation of satellite channels cost, as well as the cost of the studios that link the channel to five million pounds rent, and some are more than ten million per month.
Some channels have become debt stand in the way completing its way into the broadcast, as happened with channels “TB” Which closed its doors for the second time in a row after a short period of airing, and estimated the size of the debt B527 thousand pounds.
In context, the media said Sheikh Osama: What ails the Egyptian private satellite channels, either close their doors or lay off employees is only natural product resulted in the establishment of these channels from the beginning, they are all set up for personal purposes and not informational purposes, here controlled capital in the media.
He remarks At Sahvih-: It was natural to run out of capital of these channels, and announce some of bankruptcy, and for this there must be a media entities with a separate money for business and personal belongings there to be the founder of the media is keen to have a professional and media visibility.
