News Corp to assess CEE involvement | |
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18-07-2008
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News Corp is reviewing its TV operations in Central and Eastern Europe (CEE). According to an agency report, it has asked Lehman Brothers to ascertain the value and the strategic options “after being approached by multiple suitors.” Earlier this week it was announced that TV Puls, the Polish regional station backed by News Corp, is closing its entire news operation. Broadband TV News has already reported that earlier this month the company handed its licence to launch a national station in Montenegro. News Corp also a presence in Latvia (LNT and TV5), Bulgaria (bTV) and Serbia (Fox Televizija). Source: BroadbandTVNews
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