January 11, 2018 / 3:10 PM / a year ago

Six media groups submit bids for Greek TV licences

ATHENS, Jan 11 (Reuters) - Six media groups have applied to get TV licenses in Greece in the latest effort by government to shake up what it sees as a debt-ridden, unregulated broadcasting sector.

If all are successful, it would be mean a reduction from eight, but still a larger number than the government originally wanted.

Licensing Greece’s television broadcasters has been an major objective of Prime Minister Alexis Tsipras’s left-led government, which has called them “vampires” living on borrowed funds that they cannot repay.

In 2016 a licence auction, held by the government amid protests, cut the number of nationwide broadcasters to four. But it was ruled unconstitutional by Greece’s top administrative court, the Council of State.

It was annulled mainly because it was not overseen by the independent regulator, the National Council for Radio and Television (NCRT).

Last year, the NCRT invited media groups to express again interest for seven 10-year licenses, at a starting price of 35 million euros.

“Six applications were submitted to the NCRT,” the council said on its website.

According to the tender announcement, if the final bidders were fewer than seven then each would be automatically granted a license — provided they qualify. Any unallocated licenses would be re-tendered.

The six tenderers were SKAI TV, STAR channel, Alpha, Antenna, E TV and the newly-founded Tileoptiki Elliniki. They have already submitted a bid bond of 3.5 million euros.

Greek state-owned broadcaster ERT already has a de facto licence.

The applications will be unsealed on Monday and reviewed by the NCRT which will then announce a list of which tenderers qualify. Bidders have the right to object against NRCT’s list. The process could take months to be concluded.

Private radio stations and TV channels emerged in Greece only in the late 1980s, after decades of state media control.

The previous auction, Greece’s first ever, was overseen by Tsipras’s closest aide State Minister Nikos Pappas and its annulment was seen as a blow to the government.

“If there is political will and readiness by the institutions and the regulatory authorities everything is possible,” Pappas told reporters on Thursday. (Reporting by Renee Maltezou Editing by Jeremy Gaunt.)

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