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Polish Parliament Votes to Prevent Foreign Ownership of Media, Discovery Appeals to Prevent it Becoming Law
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variety.comNaman Ramachandran After a long day of debates, the lower house of the Polish parliament has voted in favor of a bill that proposes to prevent non-European ownership of Polish media companies.The bill was passed on Wednesday with 228 votes in favour, 216 against and 10 abstentions.
It must now be passed in the upper house of parliament to become law. Discovery has appealed to the upper house and the Polish president to prevent this happening.If it becomes law, Discovery Inc., majority stakeholder in leading Polish network the TVN Group, will be forced to sell its stake in the company which is valued at $2 billion.
The group, particularly news channel TVN24, is widely regarded as the leading source of independent broadcast news for many.
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