Broadcasters Seek Financing for Transition to Digital Services

Small television broadcasters in Costa Rica are planning to join forces and obtain international financing to acquire the necessary funds to adapt to digital technologies.

Tuesday, September 23, 2014

Companies operating regional television channels in the country, which have more limited budgets and reduced ability to access financing, are contacting their peers in order to join forces and improve conditions for international loans and buy the equipment to make the transition from analog to digital signals.

Elfinancierocr.com notes that "... Meeting the requirements to migrate to digital technology requires professionals and skilled technicians, new equipment and an initial investment which ranges from $100,000 to $300,000, according to estimates that have been made by television companies. "

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