Piano Media purchases US Press+

PIANO Media, a company offering an online payment scheme in Slovakia, has bought its biggest rival on the market, US Press+ firm. The acquisition has resulted in the creation of the biggest online payment scheme in the world, operating 630 publishing houses on five continents, the Omediach.com website wrote on September 9.

PIANO Media, a company offering an online payment scheme in Slovakia, has bought its biggest rival on the market, US Press+ firm. The acquisition has resulted in the creation of the biggest online payment scheme in the world, operating 630 publishing houses on five continents, the Omediach.com website wrote on September 9.

“The group of investors led by 3TS Capital Partners has acquired through Piano Media the biggest provider of digital subscription services in the world, Press+,” David Brauchli, spokesperson for Piano Media, told Omediach.com.

The acquisition will allow the two companies to extend this payment scheme model across the world, Brauchli added.

The new head of the merged company became Kelly Leach, former head of the European Wall Street Journal and executive director of EMEA for Dow Jones.

Source: Omediach.com

Compiled by Radka Minarechová from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Massive gatherings remember Kuciak and Kušnírová: We did not forget!

One year after the murder of journalist Ján Kuciak, large protests took place around Slovakia.

Protest gathering in Bratislava, February 21, 2019.

Owls indicate spring is coming

Male owls lured by bird calls fly in to take a look at the intruder.

Long-eared owl

Murder of journalist: We need to see indictments of masterminds soon

International journalists’ organisations are “cautiously optimistic” after meeting investigators of the Kuciak murder.

Ján Kuciak

Ján Kuciak and Martina Kušnírová were murdered one year ago (timeline)

These are the notable moments of the first year since the murder.

Paying tribute to Ján Kuciak and Martina Kušnírová.