"Swiss media group Ringier has sold Hungary's most-read tabloid and other major titles to a company widely seen as close to Prime Minister Viktor Orban's ruling Fidesz party. Ringier said it sold its Hungarian media division, Ringier Hungary Kft., which owns 18 online publications, including the tabloid Blikk, EgeszsegKalauz.hu and Kiskegyed, to the Indamedia Network. The sale comes just months ahead of Hungarian national elections, where Orban faces a rare challenge to his 15-year rule."
"Why is the sale to Indamedia controversial? Miklos Vaszily, who is chairman and CEO of pro-government private channel TV2, ownes 50% of Indamedia channel TV2. In 2020, Vaszily presented a plan to restructure the editorial office of Index, by far the most widely read news portal in Hungary and managed by Indamedia. When journalists resisted, the editor-in-chief, Szabolcs Dull, was dismissed at the end of July. Days later, almost the entire editorial staff resigned in solidarity."
Ringier sold its Hungarian media division, Ringier Hungary Kft., to the Indamedia Network, transferring 18 online publications including Blikk, EgeszsegKalauz.hu and Kiskegyed. The sale occurred months before national elections in which Viktor Orban faces a rare challenge. Indamedia is widely seen as close to Orban's Fidesz party, and Miklos Vaszily—chairman and CEO of pro-government TV2—owns 50% of Indamedia. Vaszily previously sought to restructure Index's newsroom, prompting the dismissal of editor Szabolcs Dull and mass resignations. Reporters Without Borders ranks Hungary 68th and says Fidesz-linked buyouts now control about 80% of the country's media.
Read at www.dw.com
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