Prague court halts insolvency proceedings against Médea agency
The insolvency proceedings against media buying agency Médea have been halted after just seven days, as Czech Television and Media Club agreed to withdraw their insolvency proposal.
While most public broadcasters in other countries have a unified structure for both television and radio, the Czech Republic has distinct institutions for each medium.
Czech Television primarily derives its funding from mandatory monthly fees paid by households and businesses, supplemented by a smaller portion from commercial activities.
Notably, Czech Television does not receive any direct funding from the state budget, unlike some public broadcasters in other nations.
The insolvency proceedings against media buying agency Médea have been halted after just seven days, as Czech Television and Media Club agreed to withdraw their insolvency proposal.
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