Czech Radio posts profit in 2012

Public broadcaster Czech Radio posted a net profit of 26.6 million crowns and generated revenues worth 2.158 billion last year, according to its annual report for 2012. In 2011 Czech Radio netted 145 million. Licence fees, accounting for more than 90 percent of total revenues, generated 1.913 billion crowns last year. The number of licence fee payers is reported to have increased to 3.063 million in 2012.The public broadcaster last year employed 1,400 people.

Author: Masha Volynsky