The Polish regional station TV Puls expects to find a new investor in a matter of weeks, if not days.
Quoted in Wirtualne Media, its president Dariusz Dabski said that should none be found, talks could resume in a matter of months and the station might even be floated on the Stock Exchange.
TV Puls was backed by News Corp up to late last year and is currently being courted by six companies, one of which – Platforma Mediowa Point Group – appears to be the favourite.
Dabski said that potential Polish investors favoured acquiring TV Puls outright, while foreign ones were interested in entering into a joint venture.
Dabski currently holds a 49% stake in TV Puls, with the Franciscan Brothers owning 51%.