Egypt’s state-owned media ripe for restructuring

The Egyptian Radio and Television Union has had major financial losses, mainly due to its $2.8 billion debt to National Investment Bank, which is why the government launched a restructuring plan.
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The headquarters of the government-owned Egyptian Radio and Television Union, Maspero, sits on the banks of the Nile River in Cairo, Feb. 9, 2014. - FACEBOOK/Masbero
Safiaa Mounir.jpg
Safiaa Mounir
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CAIRO — Restructuring the state-owned Egyptian Radio and Television Union will help it regain its financial footing and improve the quality of state-funded broadcasting, according to a study published Aug. 2 by the Egyptian Center for Public Policy Studies.

Egyptian state TV has become the least-watched channel in Egypt, as Egyptians look to private and Gulf channels to get their news.

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