Europe

Czech audiovisual industry posts record sales in 2021

The Czech audiovisual industry achieved record sales of nearly 12 billion CZK in 2021, surpassing the highest sales ever from 2019 of 9.46 billion CZK, the Audiovisual Producers Association said Thursday. Notified in the annual report published in.

However, APA expects the industry to decline in the next few years to the level reached in 2010, when the industry had sales of CZK 3.58 billion. According to the association, one of the reasons behind the expected crisis in this sector is the National Film Fund’s decision to temporarily suspend incentives for foreign filmmakers due to financial shortages.

https://english.radio.cz/czech-audiovisual-industry-posts-record-turnover-2021-8754766 Czech audiovisual industry posts record sales in 2021

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