According to recent Eurostat data, there were 11.8 thousand enterprises operating with programming and broadcasting as their main activity in the EU-28 in 2012.
The apparent labour productivity of the EU-28’s programming and broadcasting sector in 2012 was EUR 106.0 thousand per person employed, which was 2.3 times as high as the non-financial business economy average of EUR 46.2 thousand per person employed and also well above the information and communication services average of EUR 87. 0 thousand per person employed. Alongside high apparent labour productivity, average personnel costs for the EU-28’s programming and broadcasting sector in 2012 were also relatively high, at EUR 55.8 thousand per employee and stood above the EUR 51.7 thousand per employee average for information and communication services and well above the EUR 32.4 thousand per employee average for the whole of the non-financial business economy.
Combining these two ratios, the wage-adjusted labour productivity ratio shows the extent to which value added per person employed covers average personnel costs per employee. Due to the high level of apparent labour productivity, the EU-28’s programming and broadcasting sector had a high wage-adjusted labour productivity ratio, 190.0 % in 2012, considerably higher than the information and communication services average (168.0 %) or the non-financial business economy average (142.7 %).
Television programming and broadcasting activities accounted for 83.1 % of sectoral value added in 2012 and just under three quarters (73.2 %) of the sectoral workforce. The high apparent labour productivity figure for the whole of the EU-28’s programming and broadcasting sector was pulled upwards by the performance of television programming and broadcasting activities, where each person employed generated an average EUR 121.0 thousand of added value in 2012.
Germany reported the highest level of value added generated within the programming and broadcasting sector in 2012 (EUR 6.8 billion); this equated to 25.2 % of the EU-28’s sectoral added value. The highest wage-adjusted labour productivity ratio for the programming and broadcasting sector in 2012 was recorded in the Czech Republic (357.7 %); this figure was 2.4 times as high as the national average for the whole of the non-financial business economy. Germany and the Czech Republic each reported operating profitability within the range of 25.0 % to 30.0 %.
It will be inetersting to see the figures after the Czech media went generally into the hands of Czech owners.
12th September 2018
18th September 2018
17th September 2018
14th September 2018