CME/News Corp. say no to Polsat - Techwatch Support Forums: Digital & Satellite TV, FTA, Cable, Computers, Mobile Phones, Apple and General Tech Forums

BGonaSTICK · 24-07-06, 10:29 PM

Broadcasting groups Central European Media Enterprises (CME) and News Corp do not intend to bid for Polish commercial free-to-air broadcaster Polsat, despite both previously having been linked with the station. Polsat owner Zygmunt Solorz-Zak is reportedly looking to sell 20% of the channel for around Euro250m (US$316m).

But CME communications director Romana Tomasova told sources that CME targets markets where it can own a majority stake. "It doesn’t make any sense for us to buy 20% of Polsat," she said. But CME is still looking to enter the market. Other possible buyers for Polsat reportedly include RTL Group, Mediaset and TF1.

24-07-06, 10:29 PM	#1 (permalink)
BGonaSTICK Dodgy Geezer Join Date: Nov 2005 Location: Brighton Posts: 9,718 Thanks: 3 Thanked 166 Times in 60 Posts	CME/News Corp. say no to Polsat Broadcasting groups Central European Media Enterprises (CME) and News Corp do not intend to bid for Polish commercial free-to-air broadcaster Polsat, despite both previously having been linked with the station. Polsat owner Zygmunt Solorz-Zak is reportedly looking to sell 20% of the channel for around Euro250m (US$316m). But CME communications director Romana Tomasova told sources that CME targets markets where it can own a majority stake. "It doesn’t make any sense for us to buy 20% of Polsat," she said. But CME is still looking to enter the market. Other possible buyers for Polsat reportedly include RTL Group, Mediaset and TF1. __________________ Dreambox 7000, Skystar2 PCI, Skystar USB, Fibo 90cm on Moteck SG2100, Triax TD110 multi-LNB. Sky + ART cards. 45.0°E - 58.0°W