Media Group 24 (MG24.bg) will acquire the national radio chain FOCUS and the news agency FOCUS.
The deal covers the entire radio chain (60 radio stations in the country), the news agency and FOCUS trademarks.
Media Group 24 is preferred over several other potential buyers for the acquisition of FOCUS assets.
FOCUS is one of the best media brands in Bulgaria and we are honored to be able to preserve and develop it in the future. We will fully preserve the profile of FOCUS Radio and FOCUS News Agency, which are the primary source Many of the important political, economic, social and public news in Bulgaria, the speed and accuracy of which are the trademark of FOCUS, will remain a priority for media workers.
We will further develop the exceptional information potential of “Focus”, combining it with a lot of quality content from the regions, where “Media Group 24” Ltd. is the undisputed leader. We will also create several general news and information products in Sofia and the big regional cities. We have a clear vision and strategy for the development of FOCUS, commented Kiril Naldjiev, Manager of Media Group 24 EOOD.
“We will continue to build on the traditions of” Focus “with successful professional products to meet the demand and interests of the Bulgarian audience at home and abroad. We are an information leader and we will strengthen our position as such “, commented Diyan Dimitrov, Manager of” Focus Nunti “Ltd.
About “Fokus”:
FOCUS Radio is the largest private information radio chain in Bulgaria, part of the first private news agency FOCUS (focus-news.net), which offers 24-hour news in Bulgarian and English. The news covers the political, economic, social, cultural and sports life in Bulgaria, the Balkans and around the world. In the 24-hour program of the radio chain, news and journalistic programs alternate with a rich music program. FOCUS Radio’s program wins radio competitions and is constantly expanding its network to include new transmitters throughout the country, and FOCUS Radio currently broadcasts on 60 frequencies, covering the territory of Bulgaria.
For Media Group 24:
Media Group 24 is a leading media company in Bulgaria – a leader in providing regional information content, with a portfolio of 8 information websites (Sofia24.bg, Plovdiv24.bg, ZaPlovdiv.bg, Varna24.bg, Burgas24.bg, Ruse24. bg, Blagoevgrad24.bg, Telefootball.net), free regional newspaper for Plovdiv – “Plovdiv24.bg Weekly”, as well as one of the most popular in the world mobile sports applications – “Matches on TV” / ‘Football on TV’. The application operates in 22 countries around the world, and is among the most used sports mobile applications in Bulgaria, Spain, France, Italy, Argentina, Colombia and Chile.
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