Commercial advertising revenues of the Georgian broadcasters increased by 30 percent in 2021 compared to the previous year, amounting to 79.8 million GEL ($25.8mln/€23.4mln), the Communications Commission revealed on Monday.
The regulatory body responsible for broadcasting and electronic communication said commercial advertising revenues of TV stations had increased by 18.4 million GEL ($5.9mln/€5.4mln) compared to last year’s 61.4million GEL ($19.8mln/€18mln).
In 2021, the total advertising revenues of radio broadcasters in Georgia increased by 0.4 million GEL and amounted to 7.2 million GEL ($2.3mln/€2.1mln).
Commercial revenue includes commercial advertising, sponsorship, product placement, teleshopping, and classifieds.