The Czech media entrepreneur Jaromir Soukup and China International Group Corporation (CIGL) have increased the share capital of the Empresa Media group, whose interests include the broadcaster Barrandov TV.
According to Digizone, it has been raised from CZK20 million (€776,000) to CZK110 million.
At the same time, Soukup will remain the main shareholder, with a 51% stake in the company.
The two parties have also increased the share capital of the media agency Medea from CZK200 million to CZK486 million, with Soukup retaining a 70% interest.
Quoting information published by info.cz, Digizone also reports that Soukup had originally intended to reduce the Chinese interest in the two companies.