Wirtualna Polska acquires internet radio platforms

The Wirtualna Polska (WP) group has signed a deal to acquire two internet radio platforms OpenFM and PolskaStacja.pl for PLN 4 million, the company announced. "By investing in these two platforms, WP has become a major player in the Internet radio segment. OpenFM and PolskaStacja.pl, with a total of 755 thousand users, are generating nearly 90 million page views per month and rank first in the provision of this popular on-line service," a statement read. The total price for the purchased services amounted to PLN 4 million and the platforms' total pro-forma revenues for 2014 years - PLN 2.8 million were also given.