How much radio stations earn in 2007
SBS Broadcasting, operating radios Kiss FM and Magic FM, ranked first in turnover, in 2007, with 15.4 million euros.
According to the Business Standard daily, the radios operated by SBS Broadcasting, which also holds Prima TV and Kiss TV radios, got in 2007 a net turnover that is the equivalent of 40% of that of SBS Broadcasting Media.
Europe Development International Co., operating Europe FM radio, registered in 2007 a net turnover worth 7.12 million euros, and Radio XXI Co., operating Radio 21, a net turnover worth 6.03 million euros. Together, the two radios took Lagardere to 13.1 million euros in turnover, for the radio segment. The figure has been confirmed by officials from the trust.
Third in the classification of revenues by radio trusts in Romania comes Media Pro, with Pro FM and Info Pro. Last year, they were operated by Radio Pro, but were next moved to Pro TV Co., once they were bought by the Americans from CME, the majority shareholder of Pro TV.