The acquisition of “Channel 3” will put “Nova” in a dominant position, announced a journalistic organization – Bulgaria



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The acquisition of

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The Association of European Journalists in Bulgaria sent an opinion to the Commission for the Protection of Competition, in which it declared against the intention of Nova Bdoudcasting Group to acquire Channel 3 and several radio stations. He affirms that the future united media group will be a large media conglomerate for the country.

At the beginning of September, it became clear that the television of the brothers Kiril and Georgi Domuschievi wanted to acquire Channel 3 and the radios Veselina, Vitosha, Magic FM, The Voice and the musical television The Voice TV. “Channel 3” contacts with the deputy of MRF Delyan Peevski, remembers “Capital”. At the beginning of June last year, it was clear from the documents submitted to the Commercial Registry that Iva Stoyanova had become the owner of 90% of this television. As of February this year, however, the television in the documents became part of “Best Success Services.” Gergana Danova has been named its true owner.

Iva Stoyanova is the manager of Nova Broadcasting Group. Before assuming the leadership position, she was the manager and program director of Channel 3. She specified that the purpose of the deal is for “Channel 3” to be a news channel, and for “Nova TV” there will be entertainment programs and series.

According to AEJ, the agreement “would have a serious impact on the relatively small television market in Bulgaria and would probably create the conditions for a dominant position, putting the main competitors of Nova TV, BTV and the Bulgarian National Television at a disadvantage”.

“Apart from television, the deal would also affect the entire media market in Bulgaria; concentrating media of almost all types and subject areas would be an unfair advantage over competitors operating in any division of the media market,” it is read in position. .

The Association of European Journalists recalls a previous practice of the CPC, which refused to acquire Nova Broadcasting Group by Czech businessman Petr Kellner. The CPC then discovered that the acquired group had significant financial and organizational resources. According to the decision at the time, the significant amount of media available to the merged group would give it a significant advantage over other players providing media services.

It is important to note that the proposed agreement will formalize the current informal concentration. After the change of ownership of Nova Broadcasting Group, key management figures and journalists from Channel 3 were transferred to Nova TV – the two outlets followed.Although not officially owned by Peevski, there are significant similarities between the content that appears in the two media groups and in the MP newspapers. “The acquisition of Channel 3 by Nova Broadcasting Group is likely to streamline processes in the joint media group,” AEJ wrote.

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