Prague court halts insolvency proceedings against Médea agency
The insolvency proceedings against media buying agency Médea have been halted after just seven days, as Czech Television and Media Club agreed to withdraw their insolvency proposal.
The history of the Prima television group dates back to 1993, when the private channel Premiéra began broadcasting in Prague and the Central Bohemian Region on 20 June. In January 1997 it changed its name to Prima.
The insolvency proceedings against media buying agency Médea have been halted after just seven days, as Czech Television and Media Club agreed to withdraw their insolvency proposal.
Prima TV is stepping up its online game with the acquisition of two companies - Impression Media and Programmatic Media - as well as several popular websites.
Supreme Administrative Court rules out re-election and compensation for the three largest television channels.