ADVERTISEMENT

New Fidesz-friendly media outlets foreseen

Government

According to reports, a new right-wing media empire is being put together to replace media outlets that have become less government-friendly since the split between Prime Minister Viktor Orbán and media oligarch Lajos Simicska. One report suggests that Fidesz associate Árpád Habony (pictured) will run these outlets.

Online daily hvg.hu reports that Századvég group, a think tank closely affiliated with Orbánʼs ruling Fidesz party, is planning to transform its online and print daily, napi.hu and Napi Gazdaság, into a media platform that could replace Magyar Nemzet and mno.hu, Simicskaʼs media outlets.

The editorial staff leaving Simicska’s empire will reportedly be employed by the new media outlets, Hungarian online daily index.hu said, citing a report by Heti Válasz, which is owned by Simicska.

While public TV station M1 has become an all news station, in an apparent attempt to replace Simicksaʼs all-news Hír TV, the stationʼs role is purely to communicate what the government wishes, and its reach and audience number is not important, according to Heti Válasz.

Simicskaʼs Heti Válasz speculates that the new media empire could be led by Habony, who has been described as a personal consultant affiliated with numerous decision makers and politicians in the government.

Simicska has grown wealthy since Fidesz took power in 2010, as his media outlets have received lucrative state advertising and his construction firm Közgép has been winning big government contracts – including HUF 93 billion in 2014, more than any other government contractor last year, according to atlatszo.hu.

But disagreements about the media tax, and perhaps the plan to have a state-owned all-news TV station, apparent fueled a falling out between the oligarch and the prime minister.

ADVERTISEMENT

Rate-setters augur slower decline in CPI in 2022 Analysis

Rate-setters augur slower decline in CPI in 2022

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

Magyar Bankholding chairman to serve as CEO as well Appointments

Magyar Bankholding chairman to serve as CEO as well

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

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.