Kino Polska TV buys 41.14% stake in Stopklatka

Kino Polska TV acquired 41.14 percent shares in Stopklatka from WSE-listed media group Agora. The deal value is PLN 32.2 million, or PLN 7 per share, Kino Polska TV informed. Agora said in a statement that the transaction will have a positive impact on the group's net result in Q2. It is estimated at PLN 22.6 million for Agora Group and PLN 17.4 million for Agora SA. Stopklatka TV is a movie and series channel launched in March 2014.