The former CEO of the Czech Republic’s best-known commercial broadcaster TV Nova, former senator and former Euro MP Vladimír Železný, has announced a planned return to TV broadcasting, news site iDnes reports. Mr Železný, iDnes specified, was planning on kicking off a new 24 hour news station with Hungarian businessman Pála Milkovics; the latter would reportedly hold an 85 percent majority share, while Mr Železný would own the rest. According to iDnes, the station, known as Z24, could begin terrestial, satellite and online broadcasting within two-and-a-half months. The news site reported that the former TV magnate had a “plan” how take on public broadcaster Czech TV although, it noted, he had no licence, studio, or news team, yet.
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