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Czech TV breaks even

June 27, 2019 09.12 Europe/London By Chris Dziadul

The Czech public broadcaster Ceska Televize (CT) saved nearly CZK100 million (€3.93 million) in 2018.

As a result, its costs were, at CZK6.703 billion, equivalent to its revenues, with reductions of over CZK250 billion being made in wages, production and operating costs.

By keeping to the budget, CT says its council was able to approve an annual bonus of CZK4.2 billion to its CEO Petr Dvorak.

In 2018, CT attained a 30.113% share of the TV audience, making it the leading broadcaster in the Czech Republic.

It also began the transition to DVB-T2, investing CZK185 million in the process.

The gradual shutdown of the existing DVB-T standard will start in November and be completed in June 2020.

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Filed Under: Central & East Europe, Newsline Tagged With: Ceska Televize, Czech Republic Edited: 27 June 2019 09:12

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About Chris Dziadul

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