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Confusion over Bulgarian station sale

March 29, 2016 10.31 Europe/London By Chris Dziadul

Kanal 3 BulgariaThe ownership of the Bulgarian TV station Kanal 3 has been cast into doubt.

Quoting an official statement from the agency Focus, Capital reports that the MP Delyan Peevski has withdrawn from finalising the deal to acquire the station.

This follows a request by the New Bulgarian Media Group Holding (NBMGH), understood to be owned by Peevski and his mother Irena Krasteva, to the Commission for the Protection of Competition (CPC) last August to approve the sale of Kanal 3 by Elite Media Bulgaria.

As previously reported by Broadband TV News, this was granted by the CPC in record time.

Significantly, in the statement Peevski denied he has any interest NBMGH.

However, Capital points out that this contradicts all unofficial industry sources and public statements about transactions.

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Filed Under: Central & East Europe, Newsline, TV Tagged With: Bulgaria, Kanal 3 Edited: 29 March 2016 10:31

About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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