Locked content EU conditionally approves Scripps takeover by Discovery

The EU antitrust regulators approved Discovery Communications $14.6 billion takeover for US-based Scripps Network Interactive. The European Commission, however, had some concerns regarding how this transaction might affect the Polish market. According to it the planned concentration could lead to an...

Locked content KRRiT annuls PLN 1.5 mln fine for TVN

The National Broadcasting Council KRRiT has canceled a PLN 1.48 million fine on private broadcaster TVN for “encouraging behavior which threatens public safety.” “After getting acquainted with the positions of the social side and additional analyses and arguments presented by the interested party th...

Locked content US concerned about fine imposed on TVN

The US State Department criticized the National Broadcasting Council KRRiT decision to fine private broadcaster TVN (owned by Discovery Communications) for broadcasting opposition protests which the council called “encouraging behavior which threatens public safety.” The PLN 1.48 million fine, accor...

Locked content KRRiT fines TVN PLN 1.5 mln for broadcasting opposition protests

The National Broadcasting Council KRRiT has slapped a PLN 1.48 million fine on private broadcaster TVN for “encouraging behavior which threatens public safety.” The fine concerns the coverage of the December protests in and outside the parliament, when the opposition politicians blocked the Sejm’s r...

Locked content Discovery buys Scripps for $14.6 bln. Becomes TVN owner

US media holding Discovery will buy its peer Scripps Networks Interactive for $14.6 billion. Back in 2015, Scripps acquired a 53 percent of the private broadcaster TVN, increasing its stake to 100 percent in the following months. Channels in Discovery portfolio have some 3 billion viewers worldwide,...

Locked content Markus Tellenbach steps down as CEO of TVN

Markus Tellenbach has stepped down from the position of the CEO of media group TVN. He will be replaced by Jim Samples, head of Scripps Network International, who until now was the chair of TVN’s supervisory board, the company said in a statement. Samples’ tasks will be to further integr...

Locked content WSE suspends TVN shares trading

The Warsaw Stock Exchange (WSE) decided to suspend trading of Polish media group TVN shares due to the fact that its new owner, American Scripps Networks Interactive (SNI) wants to purchase the remaining 1.24-percent stake in Polish broadcaster TVN, offering PLN 20 per share. The suspension is comin...

Locked content TVN redeems €43 million in bonds

TVN Finance Corporation III AB, a subsidiary of TVN has conducted an early redemption of senior notes valued at €43 million in order to reduce the group’s debt, the media reported. A senior note is a debt security, or bond, that takes precedence over other unsecured notes and must be repaid in...

Locked content TVN to be delisted before the end of the year

Scripps Networks Interactive (SNI), which purchased a controlling stake in TVN, announced that it is going to  delist the broadcaster before the end of the year. The company called the rest of the shareholders to sell the remaining shares at PLN 20 per share. SNI also said that it recorded a net pro...

Locked content Scripps subsidiary to buy remaining TVN shares

Southbank Media Limited, a subsidiary of Scripps Networks Interactive called to buy a 45.63 percent stake in Polish media group TVN, the ISBnews agency reported on Monday. The price stands at PLN 20 apiece. Subscriptions will be collected between July 24 and August 24. Southbank Media Limited said i...