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The Warsaw Voice » Business » September 21, 2017
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TVP with worst results in history
September 21, 2017   
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Jacek Kurski
Public TV broadcaster TVP is expecting to record a PLN 260 million loss this year, the worst result in its history, the daily Dziennik Gazeta Prawna writes citing their own findings.
Last year the broadcaster suffered a PLN 177 million loss. This year's loss will be caused by the PLN 800 million loan from the state budget , CEO Jacek Kurski told the daily.
But as repayment will start only in 2019, the costs' increase will rather have to do with purchases of content and investment in programming that will be financed with the loan, the daily writes.
After seven months of this year TVP had only a PLN 29 million loss, but costs accumulate at the end of the year.
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