News Corporation Acquires 30 Percent Stake in TV Riga, Latvia
RIGA, Latvia–(BUSINESS WIRE)–May 30, 2008–News Corporation
today announced it has completed the acquisition of a 30% stake in TV
Riga, a Latvian Russian language free-to-air broadcaster, increasing
its ownership to 100%.
The transaction represents a consolidation of News Corporation
European Television’s (NCE TV) assets in Latvia, which now include
100% ownership of LNT, the leading Latvian entertainment […]