What does RAI mean in ASX Symbols?
This page is about the meanings of the acronym/abbreviation/shorthand RAI in the Business field in general and in the ASX Symbols terminology in particular.
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What does RAI mean?
- RAI — Radiotelevisione Italiana S.p.A. is Italy's national public broadcasting company, owned by the Ministry of Economy and Finance. RAI operates a large number of television channels and radio stations, broadcasting via digital terrestrial transmission and from several satellite and IPTV platforms. It is the country's biggest broadcaster and competes with three major private companies – Mediaset, Telecom Italia Media, and Sky Italia – as well as commercial radio networks. RAI has a relatively high television audience share of 42.3%. RAI's broadcasts are also received in neighboring countries, including Albania, Croatia, Malta, Monaco, Montenegro, San Marino, Slovenia, Vatican City, and southern Switzerland. Half of RAI's revenues come from broadcast receiving licence fees, the rest from the sale of advertising time. In 1950, RAI became one of the 23 founding broadcasting organizations of the European Broadcasting Union.