Capital Partners invest in new TV station

The investment will be worth about zl.10 million. The money will be transferred by increasing the company's capital. Superstacja is going to be a specialized TV channel similar to TVN 24, but using a simpler language. It will be free of charge as only cable TV operators will have to pay.Superstacja will be launched later this autumn and it is expected to show a profit in mid 2008. Once this happens, Capital Partners will begin to start selling the company's shares on the stock exchange in order to raise money for its further development, but Capital Partners will not sell its shares in Superstacja. Capital Partners' president Pawel Bala assumes that he will withdraw from the investment in 5-7 years time. A gradual purchase of Superstacja's shares will be funded from the issue of 12 million new shares in Capital Partners. (Puls Biznesu p.12) M.M.