TVN group unfazed by competition with News Corp

In his opinion TV Puls, acquired by Rupert Murdoch's News Corp. last year, will only take 4% of the advertising market in 2008, a bonus for boosting the viewership from 0.6% to 2% in 2007. Walter announced that TVN will become more involved in movie production and it is likely to produce four to five movies per year, instead of the two currently produced. He also said that TVN group might analyze the market in terms of acquisitions in the press and radio segments, for which it created reserves of an unspecified amount. Surprisingly, Walter also admitted that the company might look for a capital partner, but "Not in 2007 and this is not our strategic objective." Until recently both himself and ITI, which owns the broadcaster, assured that the company was not for sale. The TVN group is comprised of 11 television channels and Internet portal Onet. (Parkiet, pp. 1, 4) M.M.