Seanad debates

Tuesday, 11 November 2003

Broadcasting (Funding) Bill 2003: Committee Stage.

 

Every speaker is correct that licences were granted to commercially based operators who then ran with them. The primary objective of commercial stations is to make money for their shareholders. We can argue about whether this is a good or bad thing and about whether it is moral or immoral, but business is business. I hope the station in which I am involved will continue to garner listeners because if it does I might have a chance of getting my initial investment back. It is looking extremely shaky at present, given the station's share of the audience in Dublin.

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