Poland’s Law & Justice party has been under fire for eroding media freedom since winning power in 2015. Now an effort to restrict foreign ownership is taking the controversy to a new level. Proposed legislation targets Discovery Inc., the American owner of Poland’s largest private television network TVN. It undermines relations with the U.S., the muscle behind Poland’s NATO deterrence, while raising the alarm for foreign companies doing business in the European Union’s biggest post-communist economy.
It tightens rules on foreign control of Polish television and radio stations to ban both direct and indirect ownership from outside the EU, Iceland, Liechtenstein and Norway. That means Discovery would need to sell at least a 50% stake in TVN. Prime Minister Mateusz Morawiecki has said the law is needed to prevent Russian or Chinese media from taking over a Polish broadcaster, and shows Poland is standing up for its rights after decades of accepting the international order. Since there are no deals on the table involving either country, the move is widely seen as targeting Discovery, a major U.S. investor in Poland.
"Media" - Google News
August 14, 2021 at 11:00AM
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Why Poland's Media Law Is Stirring Up Protest - Bloomberg
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