Astro in the stock exchange communiqué stated that additional equipment was purchased to supplement the station’s technical facilities.
After starting the broadcast News24 is to be gradually added to the offer of cable networks.
Astro with the investor, Andrzej Andrysiak as the chief editor of News24
Last week we reported that Andrzej Andrysiak, currently the publisher of the local “Gazeta Radomszczańska”, will be the editor-in-chief of News24 from the beginning of January, previously associated with several national dailies. – This is an interesting challenge – Andrysiak told us.
Karolina Szymańska, associated with Astro for over a decade, has become the director of News24. In 2009-2014, she was its president, then she worked on creating channels under the Next brand.
– News24 will be a nationwide news channel. There will be a lot about local governments, it will be a platform for local governments. There will be information from the regions, as well as from abroad and from sports – Szymańska described in an interview with Wirtualnemedia.pl. – The channel will be objective, there will be a lot of facts – she emphasized.
The head of the channel has not yet given any details about its schedule and editorial staff. – An investor has entered us, we are building a team. We already have some employees, the recruitment will still be in progress – he says.
At the beginning of last week Astro has signed an investment agreement with ASI Tech Tier Investment, which is to buy the sender’s shares for PLN 3 million within three months, and ultimately invest a maximum of PLN 10 million in them. The funds will be allocated to News24.
As a consequence, Astro withdrew from its previous business idea: to acquire 99.5 percent. shares in News12, a company controlled by Krajewski, in exchange for PLN 2.4 million in the form of cash receivables
ASI Tech Tier Investment, as a new shareholder, gained the right to appoint and dismiss three members of Astro’s supervisory board and to convene extraordinary general meetings of the company and request that certain matters be placed on the agenda.
Maria Góralska, Wiesław Jasiński, and Andrzej Ostrowski were dismissed from the supervisory board on Monday at Astro’s general meeting. At the same time, Jan Dworak was appointed to the council (in the past he was the president of Telewizja Polska and a member of the National Broadcasting Council), Andrzej Krajewski (he’s a journalist for five decades, recently associated with the online Halo.Radie), Kamil Bilecki (president and majority shareholder of Tier Investment), Ewelina Kachniarz (shareholder of Tier Investment) and Anna Garwolińska (head of the public relations agency Glaubicz Garwolińska Consulting, member of the supervisory board of Tier Investment).
Quarterly Astro earnings 40 percent. down, 255k PLN loss
Last quarter, Astro recorded a 39.5 percent decrease in sales. up to 370.5 thousand PLN, and the company’s net result went down from 71.7 thousand. PLN profit to 255.4 thousand. PLN loss.
In the financial statements, the company noted that the third quarter is always a period of lower revenues for it, because due to the holiday season, Telewizja Polska does not order many episodes of the game show “Familiada”, which the company has been producing for years. For several years, Astro has also been broadcasting the E-Sport TV channel.
In the first three quarters of this year. The company’s sales revenues decreased by 38.4 percent. to PLN 1.74 million, operating result – from PLN 406.6 thousand PLN profit to 345.5 thousand. PLN loss, and the net result – from 149.6 thousand. PLN profit up to 600.4 thousand. PLN loss.
The company insisted on its results “A significant impact was still made of significant capital expenditures related to the preparation for the launch of the new TV channel News24 (including purchase of additional equipment, organization of rooms for studies in Poland) ”.
She announced that the loss will be fully covered from the supplementary capital. At the end of September this year. the company’s supplementary capital amounted to PLN 7.1 million (compared to PLN 7.02 million a year earlier), and the share capital – PLN 1.85 million (the same as the year before).
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