The business of public televisions in the world, as well as in Croatia, is very specific due to the fact that public televisions are financed in a specific way and they do not operate according to market rules only. In this thesis, it is given the business and financial analysis of Croatian Radiotelevision, as well as the business and financial comparison of the Croatian Radiotelevision and Radiotelevision Slovenia as public television in a comparable country. Furthermore, this thesis gives comparision of business of Croatian Radiotelevision and selected commercial televisions operating in the Republic of Croatia. The aim of the thesis is to provide a detailed analysis of the operations of Croatian Radiotelevision and an insight into the justification and efficiency of spending the citizens' financial resources, which largely finance the operations of Croatian Radiotelevision. Also, the thesis will compare the operations of HRT with privately owned commercial television stations that operate exclusively on market principles. Furthermore, the goal is to provide a detailed comparison of the operations of Croatian Radiotelevision and Radiotelevision Slovenia in order to see the similarities and differences in the financing and operation of the public television of the comparative country. For the purposes of this thesis, secondary sources of data were used, which include professional and scientific literature by domestic and foreign authors, published financial statements, websites of the mentioned television companies, and academic databases. A vertical and horizontal analysis of the financial statements of the aforementioned television companies was used for the business analysis. In addition to the method of analysis, the methods of description, synthesis, comparison and classification were also used in the thesis.