Polish president vetoes media bill that targeted US company

  • 📰 ABC
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Poland’s president says he has decided to veto a media bill that would have forced U.S. company Discovery to give up its controlling share of Polish television network TVN.

The Associated Press

President Andrzej Duda noted that the bill was unpopular with many Poles and would have dealt a blow to Poland’s reputation as a place to do business. Its practical effect would have targeted only one existing company, Discovery Inc., forcing the U.S. owner of Poland’s largest private television network, TVN, to sell the majority or even all of its Polish holdings., Law and Justice, pushed the legislation and argued that it was important for national security and sovereignty to ensure that no company outside of Europe can control companies that help form public opinion.

Yet many Poles saw the bill as an attempt to silence a broadcaster with an all-news station, TVN24, and an evening news program on its main channel viewed by millions. Discovery had threatened to sue Poland in an international arbitration court, saying it would fight for its investment. The network was first bought by another U.S. company, Scripps Networks Interactive, for $2 billion and later sold to Discovery.

Duda said he agreed in principle that countries should limit foreign ownership in media companies, saying many other democratic countries — including the United States, France and Germany — have such legislation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And then turn it to Polish Fox News

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Discovery Business in Poland Saved as President Vetoes Controversial Media BillDiscovery Inc will not have to sell its Polish business after all. On Monday, President Andrzej Duda vetoed a controversial media bill that was passed in the Polish parliament earlier this month th… Damn. I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Dpurplewomanfx on Twitter she guides me through and i made a return of $10500 after a week of trading, connect with her Dpurplewomanfx
Source: Variety - 🏆 108. / 63 Read more »

Discovery Business in Poland Saved as President Vetoes Controversial Media BillDiscovery Inc will not have to sell its Polish business after all. On Monday, President Andrzej Duda vetoed a controversial media bill that was passed in the Polish parliament earlier this month th… Damn. I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Dpurplewomanfx on Twitter she guides me through and i made a return of $10500 after a week of trading, connect with her Dpurplewomanfx
Source: Variety - 🏆 108. / 63 Read more »