GamaTV lost $ 5 million for broadcasting weekly addresses
In the largest studio of the Gama TV channel, the general manager of Public Media Andrés Michelena reported that both Gama TV and TC Television had losses of around $ 23 million. For this reason, as of November 14, GamaTV and EcuadorTV will merge.
In about three hours, the Management explained what was found in the public media. “The administration was disastrous because these media were profitable until 2008, and today they are broken.”
One of the problems that were found, and that resulted in the current situation of the media is the propagandistic abuse. “Only the weekly address, broadcast for 10 years, produced a loss of $ 5 million.” (I)