Recession hits broadcasters' income

Thursday 01 October 2009

The Netherlands' radio and television stations will have 8.6% less income from advertising this year, according to a new report from accountants group PricewaterhouseCoopers.

Both pubic and commercial stations will be hit and it will be 2011 before there is a recovery, the report says.

'Broadcasters will be forced to cut costs and develop new ways of earning money,' PWC researcher John Middelweerd told Nos tv.

© DutchNews.nl

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