Expansion of the left media group: Telegram takes over Laganini FM
Telegram Media Group plans to acquire a majority stake in the radio network Laganini FM, reflecting a trend of consolidation in the Croatian media landscape.
Telegram Media Group is set to acquire a majority ownership stake in the radio network Laganini FM, as revealed by a notification of concentration received by the Croatian Competition Agency. This move highlights the ongoing consolidation in the Croatian media sector, with Telegram Media Group previously establishing itself as a significant player through a range of digital and print outlets. The Pavić brothers, Miran and Vjeran, own Telegram Media Group, which also includes sports and lifestyle platforms, and indicates a strategy to expand their reach into the radio domain.
The initiative stems from a collaboration among journalists and editors formerly affiliated with Europapress Holding, which had been dominated by media entrepreneur Ninoslav Pavić for decades. The ownership structure of Laganini FM includes minority investor Pluralis B.V., a Dutch fund linked to the Open Society network, further complicating the media landscape in Croatia. The involvement of multiple ownership interests suggests potential influences on the editorial direction and programming choices of the stations involved.
This acquisition is significant as it reflects broader trends in media consolidation, where larger entities seek to bolster their assets and influence. The implications for local journalism, diversity of voices, and competition in the media market will be closely monitored as Telegram Media Group extends its footprint in the radio sector. Observers will be looking for potential changes in content strategy that may prioritize commercial interests or political affiliations associated with the investing entities.