The domestic cable TV industry will not be able to attract any strategic investors as long as the legislation (Law 8/1996) allows for 13% of the gross revenues made by operators to be transferred into the accounts of collective copyright management companies, the association defending the interests of companies in this industry feels. The solution found by the Cable Communications Association (ACC), i.e. lowering the 13% ceiling to 4%, is likely to be discussed by the Parliament this week. "The cable industry is currently paying 6.2% of its gross revenues and the law allows for a ceiling of 13% to be applied," explains Radu Petric, ACC chairman. The taxes paid by operators to collective copyright management companies are reflected in the rise of subscription prices for end-users and consequently in some people's decision to stop using cable TV services. "The increase in subscription prices, however, is not reflected in investments in this industry, it does not help improve infrastructure or add to the quality of services," says Petric. ZF
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