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Article: Hungarian press review, 26/07/2005 (02/02).
- Article from:
- Hungary Business News
- Article date:
- July 26, 2005
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Hungarian press review, 26/07/2005 (02/02)
Budapest. July 26. INTERFAX-EUROPE - VIASAT3 REVENUES UP 80% IN FIRST HALF OF YEAR. Revenues of commercial television station Viasat 3, owned by Sweden's Modern Times Group, reached HUF 1.01 billion (USD 5 million) in the first half of 2005, up 80% from H1 2004, while operating losses were halved to around HUF 300 million. Business growth was due to the continuous increase of the audience rate from 4.1% to 5.3% within the population aged 18-49. Viasat 3 CEO Attila Kocsis did not disclose expected revenues for 2005, although current data implies approximately HUF 2 billion sales revenue by the end of the year. The CEO ...