Business

Commercial TV channel Viasat 3 might terminate its terrestrial broadcast in Budapest and the surrounding areas, according to Világgazdaság. The TV channel is planning the move to cut costs of broadcast fees and to resolve a dispute with the National Radio and Television Board (ORTT). ORTT launched an investigation against several channels, including Viasat 3 in September, claiming that the TV's programs, despite being registered as regional channel, are available throughout the country. Attila Kocsis, CEO of the channel did not comment on the news, but announced that the channel's turnover increased by 55% in the fist 10 months of the year. (Vg 16) R.G.