Details have emerged of News Corp’s exit strategy for Central and Eastern Europe (CEE).
Speaking to the local press, Mariya Stefanova the head of Bulgaria’s Council for Electronic Media (CEM), said that News Corp’s Bulgarian national commercial station bTV would be sold by the end of this year.
She added that there have so far been for bidders for bTV, which is the most financially viable of the News Corp’s operations in the region.
Stefanova also said that News Corp plans to sell all its operations in CEE, which are located in Bulgaria, Poland, Latvia and Serbia.