Josephine Teo on government funding for public service broadcasting
To enable Public Service Media (PSM) entities to effectively adapt and innovate in the fast-changing media landscape, the government provides funding for their overall operations, rather than individual programmes. Over the past five financial years, the government has allocated about S$380 million annually to support Mediacorp to reach domestic audiences across four languages. Mediacorp reached more than 90 per cent of the local population through its owned and operated platforms, as well as social media platforms. Digital Development and Information Minister Josephine Teo, who gave this update in reply to an MP’s questions in parliament on Wednesday (Oct 15), said the government is committed to continue supporting Singapore’s PSM to deliver high quality and trusted news and entertainment content.
To enable Public Service Media (PSM) entities to effectively adapt and innovate in the fast-changing media landscape, the government provides funding for their overall operations, rather than individual programmes. Over the past five financial years, the government has allocated about S$380 million annually to support Mediacorp to reach domestic audiences across four languages. Mediacorp reached more than 90 per cent of the local population through its owned and operated platforms, as well as social media platforms. Digital Development and Information Minister Josephine Teo, who gave this update in reply to an MP’s questions in parliament on Wednesday (Oct 15), said the government is committed to continue supporting Singapore’s PSM to deliver high quality and trusted news and entertainment content.
