Broadcaster RTL Group said after the tax was introduced in the summer that its Hungarian business was the only media company to be taxed in the top rate of the progressive tax. Some sources suggest that Hungarian subsidy of German RTL Group, RTL Klub, would still be hurt the worst under the new conditions.
Critics have said the original law was directly aimed at RTL Klub because it did not give friendly news coverage to the government. Since the original tax was introduced, RTL Klub has started running news stories that are even more critical of the government, and they now have the highest-rated TV news show in the country.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
