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Czech TV Nova’s Železný makes Slovakia debut

Czech media baron Vladimír Železný, through his financial entry into the firm which owns Slovakia’s TV Global, is promising to offer real competition to the country’s main station, Markíza. Železný’s 350 million Czech crown injection into TV Mac, where he bought a 70% stake three days ago, must be approved by the state broadcast license council at its meeting on October 8 or 9. Železný, who owns the popular TV Nova private station in the Czech Republic, hopes within a year to take a 15 to 20% share of the television advertising market, where Markíza currently holds an 85% share.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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