A quite significant change of trend after a long, flat period in the Czech media panorama is emerging. And of course the process is far from being over. Foreign companies are leaving room for new local owners.
“Andrej Babiš 2014” by David Sedlecký – Own work.
A first example: back to 2008, the billionaire Zdenek Bakala bought the publishing house Economia (German company Handelsblatt) editing “Hospodárské Respekt” daily newspaper and the weekly “Respekt” and “Ekonom” and also the informative website Ihned.cz. In 2013 acquired Centrum Holdings (Aktualne.cz) from the American fund Warburg Pincus.
Babis in the front page of the weekly magazine “Respekt” n. 49/2011. Owner Zdenek Bakala.
(Adapted from a report of the magazine RC Repubblica Ceca, July – August 2014)