Polsat is preparing to move into the radio business. Local press reports indicate that the Polish national commercial broadcaster is about to buy a 51% stake in the Warsaw radio station Radio PiN for between PLN10-13 million (€2.6-3.4 million). Radio PiN was launched in 2002 and is currently owned by Prokom Investments. It recently had the terms of its licence changed by the National Broadcasting Council (KRRiT) and is expected to become a general service, as opposed to one offering just music and business programming. It will also launch in the provincial cities of Bydgoszcz, Lodz and Torun and – if acquired by Polsat – work closely with its thematic channel TV Biznes.
Polsat sounds out radio station
June 9, 2007 19.05 Europe/London By Chris Dziadul
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