TV Nova's ownership mess
When CME announced its arbitration suit against TV
Nova, Nova's initial response was defensive. Its
evening news report last Thur. was notable for its lack
of objectivity. Nova even enlisted the help of Jan
Sýkora of Wood & Co., a broker who appears frequently
on the station to give analytical comments but who has
never so blatantly taken sides. Nova has since dropped
the arbitration issue from its coverage, suggesting that
it, too, realizes it overreacted. PPF and MEF Holding
seemed to fear that the Vladimír Špidla government
could join forces with CME against it. They might also
fear that the arbitration will shine light on the ownership
mess at TV Nova. Jan Vávra of ČNTS/CME noted on
the BBC in mid-May that it's not clear who owns CET
21, the license company. A quick review of the
commercial registry shows that it isn't PPF or MEF,
despite claims that they're in control.
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