Poland’s 4Fun Media has submitted the necessary documentation to hold an IPO and will, according to local sources, hold one by the end of this year. Expected to raise between PLN20-25 million (€5.3-6.6 million), it will be used for the acquisition and production of content for distribution on mobiles, IPTV and the proprietary participation channel 4Fun.TV. 4Fun Media is at present majority (almost 79%) owned by Nova Holding.
