13-08-2014

Profits Rise at TVP

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    WARSAW: Polish public broadcaster TVP recorded a profit of 116 m PLN within the first six months of 2014, a stunning 107.4 m PLN more than for the same period in 2013.

    TVP informed FNE that the main reasons behind the strong results was 38.7 m PLN in additional subscriber fees collected in 2013 but moved to 2014, as well as the income generated from advertising and sponsorship deals and a significant decrease on the broadcaster's own costs and spending to 697.3 m PLN which is 11.3 m PLN lower than in 2013. In 2013 TVP noted a loss of 20.5 m PLN.

    In the first six months of 2014 the income from subscribers fees grew to 100.4 m PLN. The advertising income for July 2014 has not yet
    been announced but TVP informed FNE that it has already surpassed the plan for this year and is higher than it was for the same period in 2013.

    The income generated from other sources besides ads, sponsoring and subscription fees is 9.3 m PLN which is 11.7 % higher than one year earlier.