The Polish media group Kino Polska TV has acquired an 80% stake in the teleshopping company TV Okazje.
According to the Kino Polska TV, it has paid PLN59,500 (€14,186) for the stake and also agree to loan TV Okazje PLN250,000 to help develop its business.
Kino Polska is majority (66%) owned by SPI International and includes the production and distribution of FilmBox movie and thematic channels among its activities.
It expects the investment in TV Okazje will have a positive effect on its EBITDA in 2015.