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This is bad news on so many levels.
1. Why is government the owner of most channels in the country? Is the private sector too weak to do it or is government over extending itself into spheres of public life it doesn't belong?
2. Is this appropriate spending of public funds?
3. What could these channels do that the current ones can't?
4. Why use public funds (which seems to be a bottomless pit for any government official in management to dip into whenever their management skills go DODO) to compete with folks who don't have this luxury?