are audited by the Romanian Audit Bureau of Circulation (BRAT), hence gaining in credibility and advertising revenues. The quality segment includes title such as Adevărul, Gândul (MediaPro), Evenimentul zilei (Ringier), România liberă (WAZ/Dan Adamescu), Jurnalul Național (Intact). Their circulation numbers remain low in relation to popular tabloids such as Click (Adevarul Holding), that in 2009 distributed 236,000 copies (more than all the quality press combined), Can Can or Libertatea (Ringier). Sport newspapers include Gazeta Sporturilor, owned by Intact, and ProSport, belonging to MediaPro. Business dailies include Ziarul Financiar, published by MediaPro, Business Standard (Realitatea-Catavencu) and Financiarul (Intact). Local newspapers are usually not backed by big investors, and thus remain vulnerable to political and commercial pressures. The main ones include Gazeta de Sud in Craiova, Tribuna in Sibiu, Ziarul in Iași, Viața liberă in Galați and Transilvania Expres in Brasov. Readership has been in decline, among lacking professionalisation and poor distribution. Magazines are a thriving segment. Some are spin-offs of popular newspapers, such as Libertatea or Click. Women's weeklies, TV guides and business weeklies (Business Magazin, Money Express, Saptamana financiara, Capital) also make good revenues. Glossy magazines and international franchises complete the scene. Academia Catavencu is a cult satirical weekly. Publishing Radio broadcasting The first private radio stations appeared in 1990; there are now more than 100 of them. State-run Radio Romania operates four national networks and regional and local stations. BBC World Service is available on 88 FM in the capital, and is relayed in Timișoara (93.9), Sibiu (88.4) and Constanta (96.9). Private FM stations dominate the market in Romania, with more than 700 licenses from the National Broadcasting Council by 2009. Two networks achieved national coverage: Europa FM (owned by the French group Lagardere) and Info Pro (CME). The most popular private networks are Radio Zu (Intact), Radio 21 (Lagardere), ProFM (CME), Kiss FM (ProSiebenSat1), relying mostly on advertisement revenues, and broadcasting musical hits, entertainment, and short news bulletins. The public company Radio România manages five national stations: Radio România Actualităţi (news), Radio România Cultural (culture and arts), Radio România Muzical (music), Radio Antena Satelor (farming and rural communities), and Radio 3Net – "Florian Pittiş" (a youth station broadcasting online). It also holds an international station (Radio Romania International) and a regional network of 12 stations (Radio România Regional), including Radio Iași and Radio Cluj. Radio România also includes the news agency Rador, a publishing house, a radio theatre