Media Ownership Returns To Polish Sources
Andrzej Duda, the President of Poland has vetoed the bill regarding the US company Discovery to give up its controlling share in Polish TV network TVN. The bill passed in parliament has invited a lot of controversy due to the pressure from the US. Andrzej Duda shared that he decided to veto against the bill as this will spoil the reputation of Poland as a place to do business and also it is unpopular amongst the local people. Also, he said that it is important for Poland to be seen as an honourable partner with its allies. The US government has raised pressure on Andrzej Duda over this bill. This bill which was passed by the lower house of parliament, restricts non-European companies from owning more than a 49 percent stake in television or radio broadcasters in Poland. The immediate and direct impact of this bill would be on Discovery Inc., as this would force the US owner of Poland’s largest private television network, ...