Radio Liechtenstein with a loss of 125,000 francs
Radio Liechtenstein is suffering from a sharp decline in advertising revenue. The public broadcaster reported a loss of 125,000 francs in its 2009 financial statements.
A balanced result was not achieved, even though expenditure fell short of the budget, as the government in Vaduz, which took note of the report on broadcasting operations, announced on Tuesday. For the current year, the sponsoring company, Liechtensteinischer Rundfunk, expects advertising revenue to fall by up to twelve percent compared to the budgeted revenue for 2009. The state-subsidized radio station has around 50,000 listeners. According to a Radiocontrol survey, an average of around 13,800 listeners in Liechtenstein listen to Radio Liechtenstein every day, and an average of around 24,500 people in neighboring Switzerland.
