Strong signals

"During the third quarter of this year TVN Group achieved new records. Off the back of our strong autumn schedule we were able to increase our revenues by 24 percent year-on-year and achieve an EBITDA margin of 22 percent," said Piotr Walter, CEO of TVN.

The company's advertising revenue increased by 16 percent to zł.130 million mostly due to an increase of zł.17 million in the net advertising revenues of the TVN channel. Non-advertising revenues increased by as much as 57 percent, resulting mainly from sponsorship of the Sopot music festival and football matches.

In Q3 2005 TVN achieved an all-day nationwide audience share of 18 percent.