Latest news and stories about media ownership in Portugal for expats and residents.
Verbos Imaculados has acquired full ownership of Notícias Ilimitadas and Rádio Notícias, the parent companies of JN, O Jogo, and TSF, following the completion of an agreement that sees Global Notícias exit its shareholding. The agreement altering the ownership structure of Notícias Ilimitadas and Rádio Notícias is now concluded.
The conclusion of the agreement was announced this Wednesday.
Verbos Imaculados has acquired full ownership of Notícias Ilimitadas and Rádio Notícias, the parent companies of JN, O Jogo, and TSF, following the completion of an agreement that sees Global Notícias end its representation in these entities.
Notícias Ilimitadas and Rádio Notícias, the owners of JN, O Jogo, and TSF, are now fully owned by Verbos Imaculados.
Global Media Group has concluded the sale of its shareholdings in Notícias Ilimitadas and Rádio Notícias, which own titles such as JN, the sports newspaper O Jogo, and TSF. Following the transaction, Verbos Imaculados now holds 100% ownership of these companies, which also include magazines such as Evasões, Volta ao Mundo, and Notícias Magazine. The financial terms of the deal were not disclosed.
The CMVM (Portuguese Securities Market Commission) decided not to oblige the five children of Francisco Pinto Balsemão to launch a public takeover offer for the company that owns Expresso and SIC. A decision is still pending on the entry of Italian group MFE into Impresa's share capital.
The fundraising campaign launched by the journalists who, in recent months, have been running the magazine Visão with a view to acquiring the title had raised by the morning of this Monday more than €224,000, exceeding the initiative's initial €200,000 target. Alexandra Correia, deputy editor of Visão, who is part of the group of 12 ...
The campaign aims to acquire the title. Twelve journalists continue to work weekly to get the magazine back on the newsstands.
The fundraising campaign launched by the journalists who, in recent months, have been producing the magazine Visão with the aim of acquiring the title has raised around €200,000 to date, the initiative's initial target.
Twelve journalists who remain active will form the core of a new company that will be created to bid in the auction.
