Commercial advertising revenues of the Georgian broadcasters increased by 23.5% in 3Q2023 compared to the previous year, amounting to GEL 19.9 million, - according to the Communications Commission.
The regulatory body responsible for broadcasting and electronic communication said commercial advertising revenues of TV and radio stations stood at GEL 18.2 million in 1Q2022, which showed that revenues were up by GEL 3.5 million or 23.3% this year compared to 2022.
The top TV companies by commercial advertising revenue in 3Q2023 were:
"Imedi TV" - GEL 6.3 million, up by GEL 1.4 million y-o-y
"Media Holding [Rustavi 2]" - GEL 2.6 million, up by GEL 1.1 million y-o-y
"Mtavari Arkhi" - GEL 1.9 million, down by 0.2 million y-o-y
"Postv" - GEL 1.9 million, up by GEL 0.5 million y-o-y
"Formula" - GEL 1.3 million, up by 0.4 million y-o-y
TV company "Pirveli" - GEL 1.2 million, up by GEL 0.1 million y-o-y
"GDS TV" - GEL 0.7 million, up by GEL 0.2 million y-o-y
"BMG" - GEL 0.7 million, down by GEL 0.1 million y-o-y
Public broadcaster - GEL 0.5 million, up by GEL 0.1 million y-o-y
Media-holding "Palitra News" - GEL 0.1 million, up by GEL 1.1 million y-o-y
Other TV Companies - GEL 1.1 million.
