$23.6 mn to fund digital transformation of media companies in Colombia

The Colombian government will allocate $23.6mn through a public fund to support the digital transformation of media companies (press, radio and TV), the ICT ministry (MinTIC) said. The government argued that the crisis caused by the COVID-19 pandemic affected all productive sectors in the country, including the media, hence the need to support commercial and public interest radio stations, public television channels and community radio stations. ICT minister Karen Abudinen said funds had been earmarked in the federal budget for 2021.

Source: Bnamericas