19-07-2013

Antena 3 the Sole Profitable Romanian TV Channel

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    BUCHAREST: Romanian broadcasters continue to struggle, based on annual reports showing that TV channel Antena 3 (www.antena3.ro) managed just 190,573 EUR in profits for 2012, while Pro TV  (protv.ro) had the greatest turnover with 107,140,012 EUR.

    Pro TV, which controls channels Pro TV, Acasă, Acasă Gold, MTV România, Pro Cinema, online magazine Sport.ro, and radio station Pro FM , also reported the greatest losses, 25,670,756 EUR.

    Antena 3, controlled by Antena 3 SA, had 15,302,205 EUR turnover. Antena TV Group operates Antena 1, Antena 2, Euforia TV, GSP TV, Antena International , had 48,159,233 EUR in turnover and losses of 1,311,191 EUR.

    The numbers were reported by paginademedia.ro, based on totals provided by the Ministry of Finance. The publication emphasized that most Romanian channels' results in 2012 were down from the previous year's. Only Antena TV Group reported profit, of 1,477,222 EUR, that year.