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Latest Satellite News Discussion, New Germanys WAZ moves into Albania at General Satellite News forum; Germanys WAZ moves into Albania Germanys WAZ Mediengruppe has acquired a minority stake in Vizion+, currently the most popular and ...

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New Germanys WAZ moves into Albania
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New Germanys WAZ moves into Albania - 06-July-2008, 12:50

Germanys WAZ moves into Albania

Germanys WAZ Mediengruppe has acquired a minority stake in Vizion+, currently the most popular and financially viable TV network in Albania.

The value of the deal, which was the result of a one-year analysis of the Albanian media market, has not been revealed. The acquisition of the stake in Vizion+ represents the first investment of the German media group in a TV market in Southeast Europe.

Vizion+ is a family orientated TV channel, which broadcasts news, political talk shows as well as entertainment programmes.

WAZ Mediengruppe does not exclude the possibility of further acquisitions in the Albanian media market.
   
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