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Latest Satellite News Discussion, Update Polsat maps out strategy at General Satellite News forum; Polsat maps out strategy The owner of Polsat, one of Polands leading media companies, has outlined its strategy for the ...

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Update Polsat maps out strategy - 12-September-2008, 14:50

Polsat maps out strategy

The owner of Polsat, one of Polands leading media companies, has outlined its strategy for the future.

Speaking to Reuters, Zygmunt Solorz-Zak said it had no plans for further diversification and would remain focused on the media (and indeed telecom) sectors. He also ruled out the possibility of securing a strategic investor Axel Springer nearly bought into Polsat in 2007 and floating the company.

His comments came as the sale of Superstacja, an entertainment channel closely linked to Polsat, nears completion. Agora is set to buy a 33% stake for PLN20 million (5.9 million), with an option for most of the remaining shares in three years.
   
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