Rai Satelradio
(), commercially styled as since 2000 and known until 1954 as (RAI), is the national public broadcasting company of Italy, owned by the Ministry of Economy and Finance. RAI operates many terrestrial and subscription television channels and radio stations. It is one of the biggest broadcasters in Europe, and the biggest in Italy competing with Mediaset and other minor radio and television networks. RAI has a relatively high television audience share of 35.9%. RAI broadcasts are also received in surrounding countries, including Albania, Bosnia, Croatia, France, Malta, Monaco, Montenegro, San Marino, Slovenia, Switzerland, Serbia, Tunisia, and the Vatican City, and elsewhere on pay television and some channels FTA across Europe including UK on the Hotbird satellite. Half of RAI's revenues come from the broadcast receiving licence fees, the remainder from the sale of advertising time.
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Società Per Azioni
(; abbr. S.p.A. or spa ) is a form of corporation in law of Italy, Italy, meaning 'company with shares' (although often translated as 'joint-stock company', which may or may not be a limited liability entity). It is more or less equivalent to S.A. (corporation), S.A. or public limited company, public limited company (PLC) in other countries. The other common form of corporation in Italy was (S.r.l.) ('limited liability company'). S.p.A. issued shares (), while in S.r.l. the unit was quote/stock of share capital. Moreover, the articles of association of S.r.l. allowed different allocation of Profit and loss sharing, profit and assets, which was more comparable to a limited partnership. Throughout Italy's history, the governance of S.p.A. has been remodeled several times. Originally the S.p.A. was governed by the Commercial Code of 1865, and subsequently by that of 1883, under the name "''società anonima''" ('anonymous company'). The regulations contained within the civil code ...
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