4Media shares lose 22.8% as PiG daily faces jeopardy
The staff of Prawo i Gospodarka (PiG) fear that their paper may face the sam
e fate as Zycie, which was suspended on Sunday by the same publishers. The m
anagement of PiG's publisher, Dom Wydawniczy Wolne Slowo, owned by 4 Media,
resigned yesterday afternoon, upon which 4Media's shares dropped by 22.8%, t
o a record low of zl. 0.17. According to unofficial information, 4Media is o
nly able to issue PiG for three more days. 4Media president Dariusz Kaszubsk
i met with PiG's journalists yesterday promising them their delayed salaries
. (Rzeczpospolita, p. B1) A.Z.