Following a $158m windfall in the Federal Budget, SBS will launch a new Indigenous channel.
Mumbrella reports: ‘SBS has been given a substantial financial boost from the Federal government in Wayne Swan’s new budget. The television network has been awarded an investment of $158.1m, an increase of 27% on previous federal government funding. A spokesperson for SBS said it is the most significant boost the network has ever received. The funding is to be used in part to transfer responsibility for the National Indigenous television network (NITV) to SBS. Tanya Denning, NITV’s director of content will move into the role of head of the new channel…’