TV4 for sale, but Polsat is not tuning into the show

As part of this move he is first thinking of consolidating it with another station. Andrzej Kuchar, who owns an almost 75% stake in Polskie Media that owns the station through Trans Media Group said, “This country's media market will surely consolidate gradually and we are interested in participating in the process”. According to market watchers the most probable investor would be Polsat that has been successfully cooperating with TV4 for quite a long time now. However, Polsat's owner did not want to disclose his plans. “I am not acquainted with the idea so I would not like to make any comment,” said Zygmunt Solorz-Żak. Selling TV4's shares may be problematic as the company is currently in the process of repaying its debt that emerged due to the settlement it signed with the creditors of Nasza Telewizja, on the basis of which TV4 was created. The station still has zł.15 million to repay and although its revenues cover all of its expenses, it will have to wait about two years until it posts a net profit. (Puls Biznesu, pp. 1, 11) D.W.