"Argentina's National Communications Agency (ENACOM, for its Spanish acronym), the telecommunications regulatory body currently under government intervention, repealed the Competitive Fund for Audiovisual Media (FOMECA). This fund was intended to finance productions, strengthen management, and improve the infrastructure of community, cooperative, and Indigenous media outlets.
[...]
The government resolution replaces FOMECA with the creation of the Fund for the Promotion of Audiovisual Projects (FOPROA), which broadens the pool of beneficiaries, enabling 'natural persons or private legal entities, whether for profit or non-profit' to receive funding. In this way, FOPROA allows commercial companies to access public funds that, until now, were specifically earmarked for supporting non-profit media outlets."
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