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TV news: TV2 management buyout; Eurosport off the air

History

Representatives of Hungary-based television station TV2 confirmed this week that CEO Zsolt Simon and CFO Yvonne Dederick have bought out Germany-based media company ProSiebenSat1 for ownership of the company for an undisclosed amount. 

The value of the company has been set at over HUF 20 billion; Simon stated to local media that the purchase was backed by Hungary-based financiers, but declined to identify the parties. Calls by MPs Róbert Braun and Viktor Szigetvári to disclose this information have thus far gone unheeded.

ProSiebenSat1 also divested its Romania-based operations in a decision reportedly first made in 2012.

Eurosport gone from three CEE countries
“Thanks” to an agreement with the English Premier League, Romania-based transmission operator RCS & RDS has ceased broadcasts of Eurosport in Hungary, the Czech Republic and Slovakia.

After signing the contract with the British association for Romanian-language transmission of matches, Eurosport began broadcasting the games in the three CEE countries in addition to Romania. After a number of complaints were received by the transmission company that the Eurosport network had been switched to a Romanian-language station, RCS & RDS pulled the station from its roster.

RCS & RDS representatives stated that Eurosport bears full responsibility for providing televised content and that they were unaware of the switch in programming.

More than 1 million households were subscribed to Eurosport in the three countries.

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