Antena 3 CNN Romania Antena Group press statement on the speculations related to its financial situation

Antena Group press statement on the speculations related to its financial situation

Antena Group press statement on the speculations related to its financial situation
13 Aug 2014   •   10:06

Antenna Group hereby specifies that, unlike its main competitors, it is the only private TV company in Romania to have registered profit in 2013, according to information published on the website of the Ministry of Finance.

Last year’s turnover increased by 18% over the previous year, experiencing a strong growth of 10% in the first six months of 201. All plans for 2014 are being carried out according to the strategy and commitments made to partners and group’s suppliers. Antenna Group’s market position is stable, with no problems of any financial nature, being able to support the company’s investments.

Therefore, for the first time on the television market in Romania, Antena 1 will have starting this fall, six blockbusters that will be broadcast in Prime-Time. These are own productions, which already enjoy popularity among Romanian viewers: Next Star and the Romanian Comedy Service, but also international formats shows with millions of fans worldwide. Viewers will be able to enjoy watching on Antenna 1 the following shows: X Factor, Hell’s Kitchen , I’ve met you before and Dancing With The Stars. Also, significant investments were made in acquiring the television equipment necessary for the production of these shows. Antenna Stars, Euforia TV, ZU TV are also profitable stations that will have new shows and international productions this fall.

This year’s results are a guarantee of the market positioning of the television stations of the group. In 2014 the Intact TV division is market leader in urban areas. Antenna Group, through its entertainment channels, has increased by 23% the commercial advertising in prime time compared to 2012.

Antena 1 increased by 22% its market share in prime time, recording increased ratings on all day segments in July . Antena Stars is the station with the strongest audience increases of over 100% in most segments of the day. Euforia has raised its market share in commercial female audience and ZU TV market is the fastest growing music channel.

Speculations made ​​by some TV channels on our television’s financial situation is yet another evidence of the bad faith and the fact that there is an orchestrated campaign against Intact Media Group.

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