Discovery has blasted the Polish parliament’s decision to pass a bill that could ban foreign ownership of media companies in the European nation, which could mean it loses control of more than half of TVN Group.If ratified by the President, the controversial Lex-TVN legislation could have severe consequences for Discovery’s standing in Poland.
Discovery acquired TVN when it bought Scripps Networks International in 2018 and operates a range of TV channels, news networks and online platforms.The bill would prevent companies from outside the European Economic Area taking control of Polish radio and TV stations, potentially forcing Discovery to divest at least half its ownership of TVN.
Read more on deadline.com
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