LNT


Modern Times Group acquires Latvia’s LNT

Free and pay TV broadcaster Modern Times Group has acquired Latvia’s second-ranked commercial broadcaster Latvijas Neatkarīgā Televīzija for an undisclosed sum. The company broadcasts national commercial channel LNT, Russian language channel TV5 and entertainment channel LMK. LNT posted revenues of just under €7 million for the first nine months of 2011. Upon completion of the […]