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Latest Satellite News Discussion, Czech boost for HBO at General Satellite News forum; Published: August 13, 2010 08.55 Europe/London HBO had a successful year in the Czech Republic in 2009 despite facing a ...

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Czech boost for HBO - 13-August-2010, 14:40

Published: August 13, 2010 08.55 Europe/London

HBO had a successful year in the Czech Republic in 2009 despite facing a number of problems.

E15 reports that the Time Warner company saw its net profit rise by CZK14 million (564,000) to CZK199 million, while its revenues were 37% higher at CZK1.6 billion.

Commenting on the positive results, HBO Czech director Ondrej Zach said that they were achieved despite the poor repayment record of some cable operators that distribute its services. The now allow the company to invest more in its own productions.

HBO has been present in the Czech Republic since 1994.


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