TVN sales? There is speculation about possible buyers of stations

dailyblitz.de 10 months ago
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In the light of the reports of the possible sales of TVN by Warner Bros. Discovery, Virtual Media portal has prepared a list of possible contractors. Among the most likely buyers were 3 large companies investing in conventional tv in many European countries.

Antenna Group (ANT1)

One of the possible buyers listed by Virtual Media is the Greek broadcaster Antenna Group – ANT1, the largest media company in Greece. He presently owns many radio stations specified as Kiss FM, Magic FM, stone FM, 1 FM, broadcasting in Romania, Moldova and Cyprus. In Romania, Antenna Group besides manages music tv channels: Kiss TV, Magic TV, stone TV, while in Cyprus it broadcasts ANT1 channel.

In the fall of 2021, the company took over Sony Pictures tv Network channels in Central and east Europe, including in Poland, which included tv stations AXN, AXN Black, AXN White, AXN Spin and streaming service AXN Now. In total, the transaction active 22 tv stations and 2 OTT services on 12 markets.

TV2 Média

Another possible buyer of TVN is the Hungarian broadcaster TV2 Média, owned by József Vida, a Hungarian banker and economist associated with Prime Minister Viktor Orban. TV2 is the second most watched tv station in Hungary and airs its programs besides in another countries specified as Slovakia, Romania, Serbia, Croatia, Austria and Ukraine.

Canal+

The 3rd company that Virtual Media has listed as a possible buyer is the French Canal+, which is simply a number shareholder in TVN Media. Canal+ in Poland is affiliated with the Kino Polska group, which is already broadcasting on the MUX-1 Stopklatka channel. In France alone, the company is the broadcaster of the free C8 station, which is expected to vanish from digital terrestrial tv in 2025. The local regulator made specified a decision after many penalties and reminders to the sender, who in 1 of the programs was to advance the utmost right and advance resentment towards among others LGBT or immigrants.

Reasons for TVN sales

Reason for considering selling TVN by the owner, Warner Bros. Discovery, there is simply a crucial decrease in the value of shares in the fresh York Stock Exchange – by 12%, which means the lowest level in the company's history. The acquisition of the station by another investor could improve Warner Bros. Discovery's financial situation. In 2023, TVN's operating profit increased from PLN 365.18 to PLN 461.68 million, and net profit from PLN 331.79 to PLN 419.67 million. For Americans, TVN sales can be an attractive chance to improve its financial condition.

Summary

Both Antenna Group, TV2 Média and Canal+ seem to be real candidates to take over TVN stations. Each of these broadcasters already has experience in European media markets and adequate resources to manage as large a tv station as TVN. However, the decision to sale will depend on many factors, including the price offer and Warner Bros strategical plans. Discovery for the future.

Potential TVN sales are a subject that will surely be closely watched by both marketplace analysts and viewers, for whom TVN is an crucial origin of information and entertainment.

Daniel Głogowski

Expert in his field – Publicist, author and social activist. The first articles were published in 1999 for global publishers. For more than 30 years, he has gained his experience through cooperation with the largest editorial offices. In his articles, he seeks to address controversial topics and present first viewpoints that allowed for a deeper knowing of the issues discussed.

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