Warner Bros. Keeps Polish Unit TVN After Strategic Review (1)

Warner Bros. Discovery Inc. decided to keep control over its Polish unit after ending a strategic review which included options to sell TVN SA.

The fate of TVN’s 24 television channels, including one of the country’s most-watched news networks, has become a political hot-potato in the nation bordering war-torn Ukraine. Tensions over the potential sale escalated further ahead of Poland’s presidential election, which will be held next month, with a probable run-off set for June.

“We decided that the optimal option is for TVN to remain within WBD’s structures and develop our business within one group,” Warner Bros. said in ...