Warner Home Video closes shop in Czech Republic and Slovakia

11-07-2006

Warner Home Video (WHV), a company responsible for the distribution of videos and DVDs in 98 countries, has decided to close its branches in the Czech Republic and Slovakia. The Czech news agency, CTK, reports that the decision comes as a result of the high degree of piracy in the two central European countries, as well as the saturation of the home video market. Sales of DVDs in the Czech Republic dropped by 19% last year, a figure that experts say illustrates the high rate of digital piracy. As of October 2006, the license for distribution of WHV programs in the Czech Republic and Slovakia will be acquired by Magic Box entertainment, a division of the central European group AQS.