Poland’s state-controlled oil company PKN Orlen is to buy Polska Press from Verlagsgruppe Passau, of Germany for a reported $32.7m. The surprising deal has, inevitably, raised fears over media independence in Poland. Polska Press comprises 20 regional newspapers, 120 weekly magazines and 500 websites with a claimed user base of 17.5m. It had revenues of $30bn in 2019.
Polska Press sold for $33m
