4. Disclosure of Type of Ownership
4.1. Privately held
The Media Outlet shall declare its legal status clarifying what type of company it is registered as. For example, if it is a limited or incorporated company. It should use the legal definition used in its country of registration and provide the relevant registration information.
Is the Media Outlet or the Legal Entity privately owned?
No4.2. State or Publicly owned
The Media Outlet shall state clearly if it is fully or partly owned by the government, a state institution, or other public body, providing information on the specific department, entity, or body that exercises that ownership and its relationship with the government.
Is the Media Outlet or the Legal Entity owned by the state, a unit of the government or any other public entity?
YesWhat specific department, entity or governmental body has ownership?
Describe the status of the Media Outlet or Legal Entity and its relationship with this body.
(1) The Public Electronic Mass Media Council shall:
1) perform the functions of the holder of capital shares and the highest decision-making body in public electronic mass media;
2) guarantee editorial independence of public electronic mass media, including without interfering with the production of the programme content;
3) upon consulting with the public electronic mass media, develop and approve the public service remit for them, including the medium-term operational strategy and the annual plan for the public service remit of the public electronic mass medium;
4) upon consulting with the public electronic mass media, prepare proposals for the draft annual State budget law in relation to the financial resources necessary for the implementation of the public service remit of the public electronic mass media, and also after the approval of the annual State budget law and amendments thereto decide on the allocation of the granted resources in accordance with the approved public service remit of the public electronic mass media;
5) approve the statutes of public electronic mass media;
6) approve the codes of ethics of public electronic mass media and publish them on its website;
7) elect to and release from office the members of the boards, editors-in-chief of public electronic mass media and the public electronic mass media ombudsman;
8) monitor the activity of public electronic mass media by controlling its conformity with the basic principles for the operation of public electronic mass media laid down in this Law, conformity of the programmes and services of public electronic mass media with the public service remit and conformity of the use of financial resources with the approved budget;
9) evaluate the results of the operation of public electronic mass media;
10) take decisions to increase or reduce the equity capital of public electronic mass media;
11) publish the reports of public electronic mass media on the implementation of the public service remit and financial activities on its website and submit them to the Human Rights and Public Affairs Commission of the Saeima;
12) inform the public of the work of public electronic mass media, and also involve the public in the development and assessment of the public service remit.
4.3. Publicly Traded Company
The Media Outlet shall indicate if it is a publicly traded company and where it is legally registered and where its shares are traded. The company shall also provide its share name and indicate what proportion of its ownership is publicly traded.
Is the Media Outlet or the Legal Entity publicly traded?
No4.4. Other
If the ownership of the Media Outlet is different from the above, for example if the organisation is a co-operative or member-owned, the Media Outlet shall indicate its form of ownership and provide links to local legal definitions of the type of ownership. If the ownership of the Media Outlet is made up of a combination of the above types of ownership, then it shall provide a breakdown of the ownership indicating clearly which share is which ownership type.