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RTL Hungary unit receives go-ahead to acquire IKO media group

Analysis

The Media Council of the National Media and Infocommunications Authority (NMHH) gave preliminary approval on Wednesday for the merger of Magyar RTL Televízió and the IKO group, the spokesperson's office of NMHH told MTI.

Magyar RTL Televízió had asked for the approval of the Media Council for the acquisition of two media enterprises, IKO Televisions and IKO Romania. With the merger, RTL would obtain ownership rights to seven entertainment-television channels, one Hungarian (Muzsika Tv) and six foreign-based (Cool Tv, Sorozat+, Reflektor TV, Prizma TV, Film+ és Film+2).

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