Audited statements among new requirements for renewal of broadcast licences

Television and radio broadcasters will from next year be required to submit their audited financial statements to renew their licences, Chairman of the Guyana National Broadcasting Authority (GNBA) Board of Directors Leslie Sobers has revealed.

The change was announced at a stakeholder engagement, which was held at the Arthur Chung Conference Centre last Wednesday, during which Sobers also announced that GNBA will start conducting audience surveys which it will share with advertisers to inform advertising decisions. 

Sobers told those in attendance that broadcasters looking to renew their licence in 2020 will have to present audited reports, a certificate of good standing, and make simultaneous payments of spectrum and licence fees.