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Warner Bros Discovery Decides Against Selling Polish Network TVN: “The Best Path Forward Is Retaining Ownership”
Warner Bros Discovery has decided against selling Polish network TVN.
“That review has been completed, and WBD has concluded that the best path forward is retaining ownership of TVN, continuing to support our business, our strategy and the incredible journalistic work of our team,” the note read. That meant it could have fetched a significant price at market, and Polish business Michal Solowow’s MS Galleon fund, media group WP Holding and expanding European broadcasting giant MediaForEurope were among those who had kicked the tyres at the very least. Reuters today reported that the uncertainty caused by Donald Trump’s trade tariffs policy, along with fears over geopolitical risk and recession had played a role in WBD’s decision to hold.
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