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Poland bans ‘hostile takeovers’ of key media firms by Orbán’s allies

Poland bans ‘hostile takeovers’ of key media firms by Orbán’s allies


According to a number of stories, Czech and Hungarian firms are taken with taking on TVN as a result of its American proprietor, Warner Bros. Discovery, is going through big losses. 

TVN is one among Poland’s most influential broadcasters and has discovered itself on the middle of political occasions lately. In 2019, the right-wing, PiS-led authorities took measures designed to power Warner Bros. Discovery to promote the broadcaster, however the measures had been finally halted by President Andrzej Duda in order to not injury Poland’s relationship with the United States.

Although TVN itself is a worthwhile enterprise, its proprietor is beneath stress because it has a big debt to cowl. In the second quarter of 2024, Warner Bros. Discovery recorded a lack of virtually $10 billion.

PiS politicians are reportedly cheery on the prospect of a takeover by individuals near Budapest. While the Hungarian chief’s Fidesz party has its variations with PiS, it’s much more intently aligned to that than Tusk’s Civic Platform.

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Written by EGN NEWS DESK

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