RMF FM posts good 2003 results

The group managed to present positive results thanks to price war on the television advertising market. "TV stations were unable to carry out all advertising campaigns and unused budgets went to radio stations. The results were further boosted thanks to the release of our music CD, which sold 700,000 copies," said Marek Dworak, deputy president of Broker FM, the company which owns the network. RMF FM forecasts a 10% increase in net radio advertising revenues in 2004, will be partly due to increasing TV spot prices. (Puls Biznesu, pp. 1, 9) M.M.