Czech TV set to close channel
JUNE 3, 2021 08.03 EUROPE/LONDON BY CHRIS DZIADUL

The Czech public broadcaster Ceska Televize (CT) has indicated it may have to close its third channel CT3.

This will be as a result of the country’s Chamber of Deputies rejecting an amendment that addressed the extension of a partial VAT reduction for CT and its radio counterpart (CRo).

This will result in CT losing over CZK300 million (€11.8 million) and CRo CZK120 million this year.

CT says the decision will have a direct impact on original TV productions, especially drama, animated and children’s stories, the development of regional news and sports broadcasts.

The VAT reduction has been in place for five years.