An important source of growth is independent productions for pubcaster CTV, which grew by 8% last year to a total of 37% of the broadcaster’s production output.
Revenues from advertising production dropped by 6.9 m EUR, while the commissioned productions revenues decreased by 9 m EUR.
The drop in the advertising production revenues according to APA was mainly caused by the new amendment to the Road Act, which extended the length of time needed for obtaining permits for location blocking. Since January 2016 this has dramatically reduced flexibility for foreign location shoots causing Czech producers to lose a fifth of the orders.