The Polish media group Kino Polska TV has acquired an 80% stake in the teleshopping company TV Okazje.
Kino Polska S.A. has completed a deal to acquire Filmbox International Ltd, a UK-based company in the SPI International Group that is the official owner of pay-TV channels from the Filmbox brand.
Agora and Kino Polska TV are planning a new movie channel that will apply for a licence on Poland’s first DTT multiplex.
The Polish TV group Kino Polska has posted record half-year results, with its net profit of PLN7.542 million (€1.821 million) being 155% higher than that a year earlier.
Kino Polska TV has announced that individual investors’ share allocation in the company’s first public offer will be reduced by around 91%.
Kino Polska TV has announced plans to go public, adding that it expects to make between PLN36-40 million (€9-10 million) from its first offer.
The SPI International-backed broadcaster Kino Polska TV plans to hold an IPO in the second quarter of this year.