The Czech broadcaster TV Nova posted a profit of CZK1 billion (€40.56 million) for 2021, or 20% more than in the previous year.
According to Digizone, quoting the company’s annual report, its main source of income was the sale of advertising on its terrestrial channels.
This accounted for CK4.4 billion of revenues totalling CZK6.1 billion, though there was strong growth from internet advertising and subscriptions to its streaming service Voyo.
Looking to this year, TV Nova said its main priorities were maintaining its leading position in the 15-54 age group, investment in digital development and consolidation Voyo as the leading streaming service in the Czech Republic.