Bulgaria’s Nova Broadcasting Group, which has been under new ownership for less than a month, has begun to release some of its executives.
Bulgaria’s Council for Electronic Media (CEM) has appointed Emil Koshlukov as the interim DG of Bulgarian National Television (BNT).
Konstantin Kamenarov, the DG of the Bulgarian public broadcaster BNT, is expected to vacate his post this week.
Modern Times Group (MTG) has completed the sale of its 95% stake in the Bulgarian broadcaster Nova to Advance Media Group.
The sale of the Bulgaria’s Nova by Modern Times Group (MTG) to Advance Media Group has received regulatory approval.
The trial of Konstantin Kamenarov, the DG of the Bulgarian public broadcaster BTN, has been postponed for the seventh time.
The prospective new owners of MTG’s Bulgarian national broadcaster Nova TV have asked the country’s Commission for Protection of Competition (CPC) to allow them to complete the acquisition.
Over half of the funds being used to buy the Bulgarian national commercial broadcaster Nova TV from Modern Times Group (MTG) will come from a syndicated loan.
Modern Times Group (MTG) has confirmed earlier reports, quoted in Broadband TV News, by announcing that it has sold its 95% share in Bulgaria’s Nova Broadcasting Group.
The Bulgarian businessman Kiril Domuschiev is understood to have acquired the national broadcaster Nova TV from Modern Times Group (MTG).