Skip to content
Advertisement

Business

RTL 7 to disappear from TV screens following $1 million purchase by ITI

RTL 7 is to disappear from Polish television screens, after its parent company, RTL Group, agreed to sell the television channel for almost $1 million to ITI Group, owner of competitor TVN. ITI will take over the RTL 7 frequency, equipment and program library. A total of 20 people working for the channel and for IP Polska, the agent selling advertising time, have already received notices of dismissal. RTL and ITI plan to sign the final agreement on the sale before Christmas. According to Gazeta Wyborcza, RTL 7 will disappear from television screens in January. Markus Payer, spokesman for RTL Group, commented, "We are in talks, which have not been completed yet." RTL Group is expected to make an announcement about its plans for the Polish market within the next few days. (Gazeta Wyborcza, p. 23) P.W.

More from Business All