NMHH clears Columbia Pictures purchase of Viasat
Hungary’s National Media and Infocommunications Authority (NMHH) approved the 100% purchase of satellite TV channel Viasat Hungária Műsorszolgáltató Zrt. by Columbia Pictures Corporation Limited, NMHH reported on Friday.
The final verdict on the merger will be made by the Hungarian Competition Office (GVH), but the NMHH also had to give its opinion. The media authority determined that the deal would not lead to a level of “ownership concentration” on the market that could threaten the variety of shows on offer.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.