JTI

The Media Outlet has been independently certified according to the JTI Programme and CWA 17493:2019.

Deloitte

Certified by

Deloitte

Date of certification

02/12/2024

Contact details

477 Collins Street
3000 Melbourne
Australia

Media Outlet Latvian Television Date of first publication 13/11/2024 Date of Latest Change 27/09/2024

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?

No

4.2. 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?

Yes

What specific department, entity or governmental body has ownership?

Public Electronic Media Council is shareholder

Describe the status of the Media Outlet or Legal Entity and its relationship with this body.

LTV is a 100% state-owned public media organization, with the PEMC serving as its shareholder.

Public Electronic Media Council has following responsibilities:
-the functions of highest decision maker in public electronic media;
-guarantees the editorial independence of the public electronic media, including the content of the programs;
-consults with the public electronic media, develops and approves the public order for them, including the public electronic media medium-term operational strategy and public order procurement plan;
-consults with the public electronic media, prepares proposals for the draft of the annual state budget law regarding the financial resources required for the fulfillment of the public order of the public electronic media, as well as after the adoption of the annual state budget law, decides on the allocation of funds according to the approved public electronic media public for orders;
-approves the statutes of public electronic media;
-approves the ethical codes of public electronic media and publishes them on its website;
- elects and dismises public electronic media authority members, chief editors and public electronic media ombud;
-supervises the operation of public electronic media, controlling its compliance with the basic principles of operation of public electronic media determined by -law, the compliance of public electronic media programs and services with the public order and the compliance of financial expenditure with the approved budget;
-evaluate the performance of public electronic media;
-makes decisions on increasing or decreasing the share capital of public electronic media;
-publishes on its website the reports of public electronic media on the execution of public orders and financial activities and submits them to the Civil Rights and Public Affairs Commission of the Saeima;
-informs the public about the work of public electronic media, as well as engages the public in the development and implementation of the public order

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?

No

4.4. 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.

Is the ownership of the Media Outlet or the Legal Entity different from the three previous clauses in this section? For example, is it a co-operative or member-owned?

No