Eurovision Goes Blink

Eurovision Goes Blink

Money & Finance, Newsfeed
The European Broadcasting Union , colloquially known as Eurovision, just signed an international TV rights agreement with the organizers of the Blink festival and it's a big deal: The EBU is agglomeration of public television channels across Europe, from Portugal to Russia, to collectively bargain for rights and to swap (mostly news-related) footage. "Public" means "funded by either a compulsory license fee or by subvention from a national parliament". For historical reasons, those are the most watched channels across the continent - and most likely to show the second tier sports I.e. popular but not popular enough for viewers to pay for, like football or Formula 1. The EBU is powerful and is ever interested in keeping ratings reasonably high to fight purely commercial channels. The Geneva-based bosses must have…
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