BUDAPEST (Reuters) – A small group of Hungarian business leaders and politicians close to Prime Minister Viktor Orban have founded an international news agency in London that aims to cover news especially in central and eastern Europe.
Orban’s associates have gained control over a large chunk of Hungary’s media in recent years and his Fidesz party has taken total control of state media, provoking international accusations that they are weakening freedom of speech.
Orban - News - Coverage - Media - Agency
However, Orban has been unable to control international news coverage, which has been far more critical of him than local media. The new agency’s early content suggests it is more sympathetic to him.
The new company, called V4NA, was registered in London by Hungary’s ambassador to the UK, Kristof Szalay-Bobrovniczky, on Dec. 31, 2018, according to company filings.
Month - Arpad - Habony - Orban - Spin
Last month, Arpad Habony, Orban’s main spin doctor and eminence grise, acquired a 40 percent stake in V4NA via his London political advisory firm, Danube Business Consulting Ltd.
Subsequently, New Wave Media Group, owned by KESMA, a foundation that controls most of Hungary’s pro-government media, acquired a 57 percent stake from Szalay-Bobrovniczky.
Role - Media - Market - KESMA
Despite its huge role in the Hungarian media market, KESMA was exempted...
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