TPC presents a positive financial result for 2007
SRG subsidiary TV Productioncenter Zürich (TPC) is closing what it describes as a difficult fiscal year with a positive result, made possible by increased revenue from SF and cost-cutting measures.
The SRG subsidiary TV Productioncenter Zürich (TPC) closes what it describes as a difficult financial year with a positive result of CHF 311,000. Turnover amounted to 128.68 million francs and expenses to 127.59 million francs. The result in the black was made possible by additional sales with Swiss television, consistently implemented cost-saving measures and the great commitment of all employees, TPC announced. Switzerland's largest producer of audiovisual media started 2007 with an average price reduction of 5 percent on all services. According to the press release, this price reduction made the company more competitive overall and led to a significant increase in sales with its largest customer SF. CEO Alexander Krombholz is optimistic for 2008. In addition to major sporting events such as Euro 08 and the Summer Olympics in Beijing, the TPC is tackling HD migration, the conversion of news production to tapeless operation and the further expansion of IT-based production.
