Economic news

NBC to pay $28.1 million for 25% stake in Euronews

NBC News has completed its deal to take a 25 percent stake in the European news channel Euronews, according to AFP. The transaction amount, which is to be closed within the next few days, reaches $ 28.1 million.

Currently, Euronews is implementing a new strategy, which will launch 12 national channels, each with its own editorial processes.

NBC, through a deal with Euronews, will get a chance to move to the European market.



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