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4fun heads for IPO

December 10, 2007 13.23 Europe/London By Chris Dziadul

The threat of having its licence withdrawn by the National Broadcasting Council (KRRiT) has been lifted from the Polish participation channel 4fun.TV, according to local reports. As a result, it should now be able to go ahead with a planned IPO that could net the company between PLN20-25 million (€5.6 –7.0 million). 4fun.TV is operated by 4fun Media, which lists the UK-based Nova Holding as its main shareholder. The KRRiT was looking into claims that the channel broadcast content advertising adult services between the hours of 18.00-23.00.

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Filed Under: Central & East Europe, Newsline, TV Edited: 10 December 2007 13:23

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