Key Market Indicators
Cypriot TV broadcasting revenue is projected to decline to approximately €33 million by 2028, down from around €36 million in 2023. This represents an average annual decrease of 1.5%. The market has experienced a consistent downturn since 2013, with an average annual drop of 1.7%. In 2023, Cyprus ranked 25th in the broadcasting revenue standings, having been surpassed by Latvia, which also registered around €36 million. Leading the ranking were the United Kingdom, Germany, and Spain, coming in at second, third, and fourth place, respectively.
