Czech TV Nova's Železný makes Slovak 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 September 16, must be approved by the state broadcast licence council at its meeting on October 8 or 9.

Železný, general manager of the Czech Republic's popular station TV Nova, hopes within a year to take a 15 to 20% share of the Slovak television advertising market, where Markíza currently holds an 85% share.

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