Flop of the week: SRG posts another loss in 2009

The loss for 2009 is lower than that of the previous year (CHF 79.1 million). For the current year, however, SRG is expecting a deficit of around CHF 75 million due to the Winter Olympics and the Football World Cup. Commercial revenues fell by CHF 16.5 million to CHF 344.6 million (-4.6 %) in 2009. The loss of revenue was only partially offset by the increase in fee income of CHF 24.4 million to CHF 1153.3 million (+2.2 %). Since 2000, SRG has not been able to generate any additional revenue through fee increases: The fee adjustment in 2007 (2.5 %) served to finance the fee splitting for private radio and television, while the increase in 2003 (4.1 %S) was a partial compensation for the social policy fee exemption for recipients of AHV and IV supplementary benefits. However, the falling revenue was partially offset by three savings packages (2005, 2007 and 2008) amounting to a savings volume of over CHF 100 million.