ATM Grupa predicts a bright future for television production
Last year, the company achieved forecasts related to tripling net profit and doubling revenues up to the end of 2006. It is not publishing the forecasts for the following years, but these might be published later this year. Gradually, ATM is carrying out its objectives included in the issue prospectus, according to which the company managed to decrease the share of its revenues from Polsat from 82.49% in 2003 to 47.63% last year. This was possible thanks to the higher activity of other smaller broadcasters. The company will invest zł.15 million on a new production studio and it will designate an additional zł.23.7 million on other investments. ATM is also preparing for a technological revolution on the TV market. "I believe the process of expanding the television market has begun. Thanks to Telekomunikacja Polska, which intends to invest zł.3 billion in television, the market for TV production will grow," said Tomasz Kurzewski, the company's president and shareholder. (Parkiet, p. 3) M.M.