27-04-2018

Nu Image Bulgaria Acquires Majority Stake in Telegraph Media

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SOFIA: The Bulgarian film company Nu Image, owner of Nu Boyana Film Studios, has bought 51 percent of the media company Telegraph Media, which owns the largest newspapers in Bulgaria.

A total of 51% of the Telegraph Media company, that owns the Bulgarian newspapers Telegraph, Monitor, Politika and Meridian Match, is being sold to New Image Bulgaria.

Nu Image Bulgaria is owned by the US film company of the same name. The company also has another subsidiary, Millenium Films.