The Czech Republic’s Barrandov TV remains in financial difficulties but is still expected to break even in 2012.
HN reports that the station’s operator Barrandov Television Studio had losses of CZK422.4 million (€17.07 million) in 2009 which are expected to reduce to CZK305.4 million this year. TV advertising on Barrandov TV brought in CZK39 million as opposed to a planned CZK70 million in 2009.
Barrandov Television Studio increased its capital by CZK400 million at the end of last year and a further CZK200 million this summer, bringing the total to CZK797.4 million.
Barrandov TV made its debut in January 2009 and had an audience share of 4.7% as of this July.