Ganging up on TV Nova
Ronald Lauder's companies CME and ČNTS
announced on Wed. that they're going to arbitration
court to seek Kč 35bn from TV Nova for loss in 1999 of
their exclusive service contract. Is it a coincidence that
two days before this, Premier Vladimír Špidla wrote in
Právo that all efforts to monopolize the television market
must be thwarted? Let's not forget that he also said in
March that those responsible for the CR's Kč 10.5bn
arbitration loss to CME should be made to cover the
cost. And then yesterday, Finance Minister Bohuslav
Sobotka told the BBC that it's right of CME to offer to
return part of this money to the state if it wins its new
case against Nova. Lauder and Špidla could both profit
by joining forces to go after Nova. Ironically, if Nova
uses the airwaves to wage a counterattack (which it did
last night), it will merely give Špidla another reason to
revoke its broadcast license.
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