Name

Latvijas Televīzija

Legal name

Valsts SIA Latvijas Sabiedriskais medijs

Website

https://ltv.lsm.lv

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Public Television Broadcasting

NAICS

Television Broadcasting Stations (516120), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (516210)

SIC

Television Broadcasting Stations (4833)

akta.pro primary industry

Virtual MVPDs (Live TV Streaming Bundles) (MPABAGAD)

akta.pro secondary industries

Niche/Genre Streaming Channels (e.g., Horror, Anime, Faith, Kids) (MPABAHAH), Aggregator/Platform Channels & Marketplace Bundles (Channel Stores, Super-Aggregators) (MPABAHAM)

Keywords

• Public service broadcasting
• Television broadcasting
• Digital news media
• Audio-visual production
• Streaming media services

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. State budget subsidy: Primary revenue source is government funding allocated for public service media operations. The state budget dotācija (subsidy) finances the fulfillment of public service obligations including news, educational, cultural, and entertainment programming.
2. Services and rentals: Revenue generated from equipment rentals (video, audio, portable TV, stage, lighting equipment), space rentals, video production services, and content licensing for archival materials including TV programs, theater recordings, documentaries, and concerts.

Go-to-market motion1 record

Distribution channels8 records

Marketing channels10 records

Core offering

Latvijas Televīzija operates as Latvia's national public service broadcaster, producing and distributing original news, cultural, educational, sports and entertainment programming across two free-to-air television channels (LTV1 and LTV7), the LSM.lv web portal, the REplay.lv on-demand streaming service, and a portfolio of audience-targeted digital platforms (Visiem LTV diaspora, Bērnistaba children, 16+ youth, +AUDZIS teens, LSM+ multilingual). Content is offered free of charge to viewers and is financed primarily through earmarked state budget subsidies allocated for public service media.

Product overview

Latvijas Televīzija (LTV) operates as part of Latvijas Sabiedriskais medijs (LSM), Latvia's unified public media organization formed January 1, 2025 by merging Latvian Television and Latvian Radio. The portfolio consists of two linear TV channels (LTV1 and LTV7), the LSM.lv web portal, the REplay.lv streaming platform, and specialized sub-brands targeting specific audiences (LSM Bērnistaba for children, 16+ and +AUDZIS for youth, Visiem LTV for diaspora, LSM+ for multilingual content). The core offering centers on news, analysis, documentaries, sports, and cultural programming delivered across television and digital platforms.

Differentiator

Problem solved

Functional benefit

Brands

• LTV1: Full-content television channel for the whole family offering news, analytical programs, documentaries, films, series, cultural programs, theater performances, concerts, sports broadcasts, and quality entertainment including quiz shows and music shows. Most watched TV channel in Latvia in 2021, 2022, and 2023
• LTV7
• LSM.lv
• VisiemLTV.lv
• REplay.lv
• LSM Bērnistaba
• +AUDZIS
• 16+
• LSM+
• RUS.LSM

Products and services

• LTV1 Latvijas Televīzija's flagship free-to-air television channel carrying news (including Panorāma), current affairs (De Facto), cultural programming (Kilograms kultūras), educational content and domestic entertainment for the Latvian public.
• LTV7 LTV's second national free-to-air television channel with a focus on lifestyle, sports, children's programming and selected international content for the Latvian audience.
• LSM.lv Latvian public-media web portal operated under the LSM umbrella providing news, current affairs, culture, sports and on-demand video from LTV and partner public-media outlets.
• REplay.lv On-demand video streaming service for catch-up viewing and live streaming of LTV1 and LTV7 programming, available free of charge to viewers in Latvia and abroad.
• Visiem LTV Dedicated Latvian public-service channel aimed at the Latvian diaspora worldwide, distributing LTV news, cultural and entertainment content to viewers outside Latvia.
• LSM Bērnistaba Children's content platform under the LSM umbrella offering age-appropriate, educational and entertainment programming in Latvian for kids and their parents.
• 16+ Youth-oriented digital platform under the LSM umbrella producing and distributing short-form video, social-media content and youth-relevant programming across web and social channels.
• +AUDZIS

Quantifiable outcome

• 76% of Latvia's population uses at least one LSM platform weekly
• +2 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability2 records

Feature3 records

Partnerships

Five partnerships are on record, tiered flagship, core and minor.

• Asketic (Branding Agency)flagshipImplementation/ SI/ Consulting Partner · 4 June 2026Branding studio commissioned for LSM unified brand development. Asketic and WKND advertising agency won an open competition to design the new LSM brand identity for 126,997 euros over 12 months.
• WKND (Advertising Agency)flagshipImplementation/ SI/ Consulting Partner · 4 June 2026Advertising agency partnered with Asketic for LSM unified brand strategy and visual identity development. Won open competition alongside Asketic for brand development contract.
• European Broadcasting Union (EBU)coreStrategic or Co-development Partner · 1 January 1993Latvijas Televīzija became a full member of the European Broadcasting Union on January 1, 1993. EBU membership enables international content exchange, Eurovision participation, access to global broadcasting standards, and collaboration with public broadcasters across Europe.
• Borisa un Ināras Teterevu fonds (Boris and Inara Teterev Foundation)minorStrategic or Co-development PartnerFoundation supporting theater recording projects, enabling preservation and promotion of Latvian theater heritage through recorded productions broadcast on Teātris.zip.
• UNESCOminorStrategic or Co-development PartnerInternational Music Council collaboration with UNESCO to host the 72nd Rostrum international composers forum in Latvia, marking the first time the event was held in the country.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Eesti Rahvusringhääling (ERR): Estonia's national public broadcaster operating TV channels (ETV, ETV2), radio, and digital platforms under state mandate. Closely comparable to LSM as a fellow Baltic public service broadcaster with similar scale, mandate, and multi-platform structure.
• Lietuvos Radijas ir Televizija (LRT): Lithuania's public broadcaster operating LRT televizija, LRT radijas, and LRT.lt portal. Comparable as the third Baltic public service broadcaster with similar multi-platform mandate, EBU membership, and state funding model.
• TV3 Group: Leading commercial TV broadcaster in the Baltics, operating in Lithuania, Latvia, and Estonia. Directly comparable competitor in the Latvian TV market, sharing audience and content with LSM (note: LSM's current Board Chair previously led TV3 Group Latvia).

Broad incumbents

• Sveriges Television (SVT): Sweden's national public broadcaster with multiple TV channels, streaming, and digital platforms funded by public service tax. Comparable as a fellow EBU member and Nordic public broadcaster with similar mandate and multi-platform distribution model.
• NRK (Norsk rikskringkasting): Norway's national public broadcaster operating multiple TV channels, radio, and digital platforms funded by public service license. Comparable as Nordic public broadcaster with similar multi-platform mandate and EBU membership.
• Yleisradio (Yle): Finnish national public broadcaster operating TV channels, radio, and digital platforms funded by public service tax. Comparable as Nordic public broadcaster with similar editorial mandate, multi-platform strategy, and minority language programming (Swedish, Sami).
• British Broadcasting Corporation (BBC): UK's national public broadcaster operating BBC One, BBC Two, iPlayer streaming, and digital platforms funded by license fee. Comparable as large-scale public broadcaster with international content reach, EBU membership, and multi-platform public service mandate.
• ARD (Das Erste): Germany's consortium of public broadcasters operating Das Erste and multiple regional channels. Comparable as a major European public broadcaster with state mandate, multi-platform distribution, and EBU membership.

Regional players

• Tet (Lattelecom): Latvia's largest telecommunications and pay-TV operator providing cable, internet, and TV services including content distribution. Comparable as Latvian-based media and content distribution company, though operating in pay-TV/IPTV rather than public broadcasting.

Others

• European Broadcasting Union (EBU): Alliance of European public service media organizations that LSM/LTV joined in 1993. Not a peer but a strategic partnership organization enabling content exchange, Eurovision, and broadcasting standards that defines LSM's international positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/latvijastv
• YouTubeyoutube.com/@LSMPortals
• Facebookfacebook.com/LSMportals
• Instagraminstagram.com/lsm.lv

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Latvijas Televīzija