Spain's cultural channel needs cash

Spain's planned cultural channel, supported by the Government and run by national public broadcaster RTVE, needs money.

The Ministry of Culture is asking for donations from national companies and banks though their cultural foundations.

TVE and the Ministry of Culture want the channel to be "strongly" present in Latin America as well as in those countries where Spanish is a growing learning language such as the US.

For the moment the Ministry has allocated to the channel €1 million for next year. The service is due to launch by 2010.