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Agora's predicted profits

In an interview with Thomson Financial News, Agora CEO Sowa said that "the first three quarters of the year were promising" with the company's earnings reaching almost zł.74 million, nearly three times the amount for the all of 2006 (zł.32 million).

Sowa also said that the company's new strategy, planned to be revealed in February, will focus on new media businesses involving electronic content and the internet. "By the end of the decade I would like to see Agora as a modern multimedia company with the focus put on new media," he said. "We want to be less dependent on print."

Agora, publisher of Gazeta Wyborcza may also get involved in television, and speculation has grown that it may buy a stake in the Polish private broadcaster Polsat. However, Sowa stated that while the question of the company's involvement in TV is a "natural one" it would more likely focus on niche, special interest channels or products. "Discussions about TV are often pared down to the category of traditional television. Only that it certainly does not have to be just traditional terrestrial TV."

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