ATM looks for more funding

Poland’s leading independent production company ATM Grupa has announced plans for a second IPO. Likely to place at the end of June or early July, it could raise up to PLN185 million (€48.1 million). ATM Grupa’s plans for the next two years include the construction of a new PLN20 million TV studio in Warsaw and acquisition of more HD production equipment. Separately, it has been reported that ITI Group plans to launch a religious channel this autumn. The service, which will cost around PLN20 million to set up, will make its debut on the DTH platform n and compete directly with Telewizja Trwam.

 

About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com.

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