TV channel RTL 7 faces closure in the wake of the failure to find a buyer
RTL 7, the television channel transmitted to Poland from Luxembourg via
cable and satellite, may be closed down by the end of the year. The
channel's owner, international media concern RTL Group, is reported to be
considering a number of options, including the complete closure of RTL 7.
RTL has, according to Gazeta Wyborcza, been trying to sell the channel since
the beginning of this year, but has failed to find a purchaser willing to
pay the euro 20 million asking price. Now RTL is trying to sell the
operation in pieces. Several companies are rumored to be involved in
negotiations. RTL 7 spokesperson Magda Klaczynska commented, "Such
discussions, if they are taking place at all, will be held in Luxembourg, at
a much higher level than mine." "No comment," said Markus Payer, RTL Group
spokesman. (Gazeta Wyborcza, p. 25) P.W.