A couple of years ago the economic crisis broke out in Network, triggering the cancellation of programs and the dismissal of dozens of workers who are still awaiting payment of the salaries owed.
Although the station have tried to reverse the numbers by gradually reactivating its programmatic offer, the situation is far from reaching a solution, since the Commission for the Financial Market (CMF) reported this Wednesday the financial statements of La Red corresponding to 2023.
According to the documents published by the entity, the Albavisión signal recorded losses of $10,602 million last yearwhich represents an increase of more than 115% compared to the deficit of $4,924 million recorded in 2022.
Thus, The balance becomes one of the poorest in recent years, surpassing that of 2021 where the deficit rose to $10,009 million.
The causes of this dark outlook are mainly explained by the exchange difference agreed in dollars ($7,238 million), sales costs ($4,587 million) and the drop in income from ordinary activities that reached only $2,198 million, meaning a decrease of one 39.5% ($3,852 million).
Practically since its creation, The Network has had poor financial performance. However, in recent times, this situation has become dangerously exacerbated.
According to the reports to which he had access The Filter It’s been a couple of years, since 2013, that La Red has not seen blue numbers on its balance sheets, which was accentuated at the beginning of the 2020s under the journalist’s controversial management. Victor Gutierrez, who left the executive management in June 2022.
After his departure, MArcelo Pandolfo took his place. According to the financial statements report, a process of reorganization of its internal processes and structuresin addition to a reformulation of your programmatic grid in order to rationalize costs.
“Substantially, it aims for a service delivery model, receiving external productions to be broadcast and making the use of the company’s infrastructure and installed capacity available to independent production companies“, they report; a situation that agrees with the bets that the station has promoted as the spaces Pandora’s box, Do you want to be my partner? and OLL Impactclose to being released.
