TV Prva and Play radio change owner

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Source/Author: SMCG

PODGORICA, 30.12.2018. – The Council of the Agency for Electronic Media (SAEM) has agreed to change the ownership structure of the company “Ast” d.o.o., broadcaster of TV program “TV Prva” and radio program “Play Montenegro”.

“The approval refers to the change in the ownership structure of the company “ANTENNA MONTENEGRO BV ” from the Netherlands, the founder of the company “Ast” doo from Podgorica, which transfers 100% of the ownership stake from the previous owner – the company “ANTENNA SOUTH EAST EUROPE BV ” Holland to the new owner – the company “KOPERNIKUS CORPORATION LTD.” from Cyprus”, the agency said.

During the consideration of the request of the company “Ast” doo for the change in the ownership structure, SAEM noted that the planned change in the ownership structure would not lead to a violation of the provisions of the Law on Electronic Media related to unauthorized media concentration and found that the required change in the ownership structure was in accordance with the Law.