aA
Media organizations have on Tuesday asked government institutions to defer tax payments and provide state subsidies to mitigate the impact of the coronavirus crisis.
Media organizations ask Lithuanian government for assistance due to coronavirus situation
© DELFI / Andrius Ufartas

In a public statement, media outlets say adverting orders are being cancelled and publications are being withdrawn from closed points of sale.

"The problems of cancelled advertising orders and the withdrawal of publications from closes points of sale pose threat to continuous functioning of both national and regional media outlets," the statement says.

Media representative warn they are facing financial problems, and if the existing quarantine is extended and the state provides no assistance, the functioning of the media might be "practically impossible".

"The total adverting market contraction is estimated to stand at 60 million euros a year," media representatives say

"Additional losses of 6 million euros are estimated from clearly reduced sales of printed publications at points of sale," the statement reads.

It was signed by the heads of the association "National Press", the national association of district and city newspaper publishers, the Lithuanian Radio and television and online media.

They are asking the government to defer tax payments for companies of the media sector for four months, to provide state subsidies for salary payments, and simplify the public sector's public procurement tenders for information dissemination.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

Tax revenue 15 percent short of target in March

The Lithuanian central government's tax revenue fell around 15 percent short of the target in March,...

Avia Solutions Group bought Bluebird Nordic

On the 24th of January 2020, Avia Solutions Group signed an agreement with BB Holding EHF for the...

GetJet Airlines set to lay off 370 employees

Lithuania's wet-lease and charter services provider GetJet Airlines has given lay-off notices to 370...

Avalanche of ideas developed in 'Hack the Crisis' hackathon

One of the most important tasks for hackathon organizers was to identify the most pressing issues,...

Lithuania and some other EU countries ask for Mobility Package postponement

Lithuania and "like-minded" EU member states are urging the bloc's bodies to postpone the...

Top news

"Take my kids": children from social risk families, elderly suffer from quarantine

Children from social risk families and elderly people have become even more vulnerable during the...

Scientists: coronavirus may claim around 200 lives in Lithuania

The novel coronavirus may claim around 200 lives in Lithuania and the strain on hospitals is likely...

696 confirmed COVID-19 cases in Lithuania

On Friday, 3rd April, there were 696 confirmed novel coronavirus cases in Lithuania.

276 medics are isolation in Lithuania

There are over 270 medics in coronavirus isolation in Lithuania, the country's government said on...

Two flights from Minsk to Vilnius to take place on upcoming weekend

Two flights from Minsk to Vilnius will take place under exceptional conditions over the upcoming...

|Maža didelių žinių kaina