Grupa TVN | |
Formerly | TVN Sp. z o.o. |
Company type | Division |
Industry |
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Founded | 1995 |
Founders |
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Headquarters | Media Business Centre, , Poland |
Key people | |
Products |
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Brands | |
Services |
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Parent | TVN Warner Bros. Discovery |
Divisions | TVN Media TVN News and Services Agency |
Subsidiaries | Canal+ Polska (32%) Polski Operator Telewizyjny (50%) Stavka |
Website | |
Footnotes / references [1][2] |
TVN S.A. (trade name: Grupa TVN) is a Polish media and entertainment group established in 1995 as TVN Sp. z o.o. The CEO of TVN Group is Katarzyna "Kasia" Kieli, president and managing director of TVN Warner Bros. Discovery. Its TV channel, TVN, is their flagship.
In 2004, with its debut on the Warsaw Stock Exchange, the company became a public limited company. In March 2015, U.S. broadcaster Scripps Networks Interactive bought a 52.7% majority stake in TVN for €584 million.[3][4] In July 2015, SNI bought out TVN's remaining owners, ITI Group and Canal+ Group, for €584 million, giving it full ownership.[5]
On March 6, 2018, SNI was, in turn, acquired by Discovery, Inc. for US$14.6 billion.[6][7] Liberty Global, which operated pay television provider UPC Polska, is a major shareholder in Discovery. The European Commission thus required TVN to ensure that TVN24 and TVN24 BiS remain available to third-party television providers.[8][9]