MFRR calls on PPF to commit to protecting media freedom and pluralism
MFRR partners sent a letter to PPF Group majority shareholder, Petr Kellner regarding the group’s recent purchase of a majority stake in the Central European Media Enterprises (CME), calling for a commitment to press freedom, transparency and pluralism in five European countries
On 6 October, the European Commission gave the green light under the EU Merger Regulation for the PPF Group to purchase a majority stake in the Central European Media Enterprises (CME) from AT&T’s WarnerMedia for approximately €940 million. After the deal was finalised on 13 October, the company added to its business portfolio more than 30 TV channels broadcasting to approximately 45 million people across Bulgaria, Czechia, Romania, Slovakia and Slovenia, including influential brands such as bTV and Nova.
The MFRR calls on the PPF Group to commit to protecting media freedom and ease the uncertainty that many journalists across 30 affected TV stations are feeling at this moment.
On 20th October, the PPF Group published a response to the MFRR letter stating that “PPF and CME fully respect independent, objective, pluralistic and high-quality journalism to continue, just as we stated when we announced the completion of the CME acquisition.”