Radio Liechtenstein is in the black
The restructured state broadcaster of the small neighboring country is on the road to recovery and is in the black for the first time. This was made possible by rigorous cost-cutting measures and more advertising revenue.
The restructured state broadcaster of the small neighboring country is on the road to recovery and is in the black for the first time. As reported by the news agency SDA, the profit in the first half of the year amounted to CHF 71,000. Consistent cost control and an increase in advertising revenue have brought the station out of the red. In addition, redundancies due to cost-cutting measures were not compensated for - and the staff put in extra work.
According to the broadcaster, however, the workforce is now to be increased in the second half of the year to the target number required for regular operations. There are also plans to optimize the broadcasting network. The subsidized state radio station aims to produce an appealing programme from and for Liechtenstein and the region.
