MADRID — Spanish pubcaster Radio Television Espanola will slash costs for 2009 by e96.7 million ($121.5 million), as it battles Spain’s dramatically deteriorating TV ad market. RTVE ad revs ...

May 18, 2009 07.30 Europe/London By Julian Clover Spanish public broadcaster RTVE is to commence tests in the high definition format over the country’s DTT system.

The new Spanish law of September 1, 2009 provides that advertising, teleshopping, merchandising and pay per view services at RTVE will be discontinued with immediate effect.