Discovery opposes proposed Polish media rules

On February 10, 2021, the private broadcaster TVN logo is spotted on satellite antennas at their headquarters in Warsaw, Poland. Kacper Pempel/Kacper Pempel/Kacper Pempel/Kacper Pempel/ (Reuters) – WARSAW, Poland, July 12 (Reuters) – After proposed revisions to rules, Discovery Inc (DISCA.O), the owner of Poland’s most-watched news channel TVN24, said on Monday that it will defend the company against “increasing governmental overreach.” Companies from outside the European Economic Area are prohibited from taking control of Polish radio and television stations, according to Poland’s ruling Law and Justice (PiS) party. Broadcasters who are critical of the government may lose their licenses as a result of the amendments. Discovery may also be compelled to sell off the majority of its Polish operations. find out more PiS has long claimed that foreign-owned media outlets corrupt public discussion and do not serve Polish interests, while critics claim that the government is attempting to tighten control over the media and curtail free speech. In a statement posted on the TVN24 website, Discovery said, “Discovery, Inc. is proud of TVN and deeply devoted to its position as Poland’s top independent broadcaster.” “We are keeping a close eye on the business and will defend it against escalating regulatory overreach, anti-consumer behavior, and other market uncertainty that threaten Poland’s business environment, growth profile, and overall economic future,” it added. Anna Koper contributed reporting, and Cynthia Osterman edited the piece. The Thomson Reuters Trust Principles are our standards./nRead More