Agora bid for Polsat meets with opposition from Solorz
Media giant Agora has confirmed it is interested in investing in private tel
evision company Polsat. Agora said in a statement that it has already set as
ide zl.1.5 billion for the purpose. However, a stumbling block is likely to
be Agora's insistence that it be given a controlling interest in Polsat in t
he foreseeable future. Zygmunt Solorz, Polsat's owner, is reported to be str
ongly opposed to giving up control of the station. Polsat has already sent m
emoranda to a number of other potential partners, among them RTL owner Berte
lsmann, Rupert Murdoch's News Corp., Vivendi, AOL Time Warner, Disney, Silvi
o Berlusconi's Media Set, and Leo Kirch. (Puls Biznesu, p. 8) M.T.K.