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WORLD PRESS TRENDS - World Association of Newspapers

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FINLAND<br />

Advertising expenditure<br />

(Euro million, in current prices)<br />

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005<br />

<strong>Newspapers</strong> 417 452 462 491 540 582 624 599 578 580 587 602<br />

Magazines 90 104 111 133 158 170 183 185 180 181 185 190<br />

Television 137 161 165 190 204 205 213 195<br />

Radio 26 28 27 30 34 34 38 40<br />

Cinema 1 1 1 1 2 2 2 2<br />

Outdoor 21 24 25 29 31 32 35 35<br />

Internet 0 0 1 2 4 6 12 11<br />

Total 691 769 792 876 972 1,031 1,106 1,067 1,050 1,066 1,087 1,114<br />

Source: 1994-2001 Gallup Mainostieto, 2002-2005 ZenithOptimedia<br />

Notes: Excludes agency commission and production costs, includes classified advertising, after discounts<br />

Research<br />

Circulation is audited by: Suomen Mediatarkastus Oy<br />

Readership is measured by: Suomen Gallup-Media Oy<br />

Methodology: A national media survey is carried out through<br />

telephone interviews (sample size 9,000) throughout the year.<br />

A regional media survey (sample size 14,000) is carried out<br />

through postal interviews, again throughout the year.<br />

Taxes<br />

VAT on: subscription sales 0 single copy sales 22%<br />

advertising 0 newsprint 0<br />

plant 0 composition 0<br />

(standard VAT rate 22%)<br />

Publishers pay a 28% tax rate on pr<strong>of</strong>its; this is the normal rate<br />

for all private companies.<br />

Subsidies<br />

Since 1971 the government has granted a public subsidy to the<br />

press. 60% <strong>of</strong> the grant is divided by the government according<br />

to a proposition made by a state committee. The remainder is<br />

granted to political party publications.<br />

The total amount <strong>of</strong> direct subsidies in 1999 amounted to Euro<br />

12 million.<br />

Discounts<br />

on: post 0 rail 0 telephone 0 telegraph 0 telex 0<br />

Ownership<br />

Does any law exist governing publishing-house ownership, or the<br />

registration <strong>of</strong> shares in newspaper-publishing companies No<br />

Is there any law prohibiting or restricting foreign companies or<br />

individuals from owning shares, and in particular, the majority <strong>of</strong><br />

shares, <strong>of</strong> domestic daily newspapers The press follows the general<br />

regulations established for foreign capital investment. The<br />

purchase by a foreign investor <strong>of</strong> more than one-third <strong>of</strong> the<br />

capital stock <strong>of</strong> a domestic company with more than 1,000<br />

employees, or an annual turnover exceeding Euro 168 million,<br />

must be submitted to the authorities for approval. The<br />

agreement is usually granted unless the purchase could affect<br />

national security. No restriction applies to companies from EEA<br />

countries (EU + Iceland, Liechtenstein, Norway and<br />

Switzerland).<br />

Is there any law prohibiting daily newspaper or periodical publishers<br />

from operating radio or television stations in the same locality No<br />

So as to guarantee disclosure and transparency in the capital structure<br />

and to avert silent partnerships, is there a law or rule making it possible<br />

to determine who actually owns a publishing company Registered<br />

shares are deemed public information. There is, however, no<br />

obligation to register shares. The owners <strong>of</strong> unregistered shares<br />

may still receive dividends but cannot vote in shareholder<br />

meetings.<br />

Is there an antitrust law limiting concentration in the daily press<br />

No<br />

Is further regulation <strong>of</strong> media concentration expected No<br />

<strong>WORLD</strong> ASSOCIATION OF NEWSPAPERS - <strong>WORLD</strong> <strong>PRESS</strong> <strong>TRENDS</strong> 2003 117

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