Polsat buys TV channels for PLN 103 mln
22:50
Broadcaster Polsat group has purchased 100 percent of shares in companies which own TV channels: Eska TV, Eska TV Extra, Eska Rock TV, Polo TV and Vox Music TV, as well as 34 percent of shares in a company holding Fokus TV and Nowa TV. The latter has also signed a preliminary agreement to sell another 15 percent of shares to Polsat in the future. The total value of the transactions stands at PLN 103 million. In 2016, the channels brought in revenue of PLN 70 million, said Katarzyna Ostąp-Tomann, CFo at Cyfrowy Polsat, Polkomtel and Telewizja Polsat.
