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Home > MC for media > Media News Bulletin > Issue no 11 > Media Economy

Media business operations

After the Republic Broadcasting Agency (RRA) began submitting charges against national broadcasters because of violations of the Law on Advertising, only three verdicts have been passed. TV Pink was sentenced to pay two million dinars, while its owner was fined 140,000 dinars. The station made 36 violations during the period related to the verdict. The other two verdicts have been passed against Radio-Television Serbia (RTS) and amounted to 300,000 and 400,000 dinars.
(Danas, ANEM, 24.08.2011, NUNS, 24.08.2011, NUNS, 25.08.2011, Danas, 26.08.2011)

Privatization and state-owned media

"I am afraid that privatization would inevitably result in closure of minority media outlets, having in mind the difficulties these media are facing while trying to survive in the market", says Aniko Muskinja-Hajnrih, the Ombudsman of Vojvodina.
(Dnevnik, 28.08.2011)

Telecom Serbia has become an owner of 51 percent of the company HD WIN and all four Arena Sport channels after a capital increase worth 7.7 million euros. On September 1, the company will offer its users the possibility of watching TV programmes on the internet and mobile phones. The investment constitutes the most significant investment of Telecom Serbia after the purchase of the majority ownership share in Telecom Srpska and founding of the m:tel operator in Montenegro. After this investment, Telecom Serbia has become the first telecommunication provider in Serbia who will have a significant role in production of multimedia content, apart from its role in of such content's distribution.
(Fonet, Beta, Tanjug, Blic, Danas, ANEM, Politika, 27.08.2011, Pregled, UNS, 29.08.2011)

A part of TV Pink might soon become a property of one of the owners of SBB, the investment fund "Mid Europa Partners". The station says that negotiations on the sale amounting to 150 million euros have already begun. "Mid Europa Partners" is an independent private company that invests in the region of Central and Eastern Europe and which is worth around 2.2 billion euros.
(UNS, 31 August 2011)

Aiming to bring urgently needed stability to his "pink empire", to advance its business operations and gain a strong strategic partner, Zeljko Mitrovic has decided to sell a part of TV Pink to the cable provider SBB, owned by George Soros, reports Alo! magazine citing unofficial but well-informed sources. Pink Media Group has issued a statement confirming our reports.
(Alo!, 30.08.2011 i 31.08.2011.)

Responding to inaccurate information reported in the media about alleged negotiations between SBB and Zeljko Mitrovic on the purchase of an ownership share in RTV Pink, Tanja Tatomirovic from SBB denied such information.
(Politika, 31.08.2011)

Untitled Document The Media News Bulletin is edited by Marin and Goran Cetinic who can be contacted at goran.cetinic@gmail.com.

Media News Bulletin is a short account of media reports on the situation in the media. It has been created with the aim to register the information about the media published in the previous 14 days in Serbia, shortened to reflect the basic message of media reports and grouped in thematic subsections. The editors convey the news without changing the essential meaning of media reports on the media. For the readers interested in the complete published article, its source and date of publishing are given. Sections

This news bulletin is made possible by the support of the American People through the United States Agency for International Development (USAID) and IREX. The contents of this bulletin are the sole responsibility of the author and do not necessarily reflect the views of USAID, IREX or the United States Government.