Vox News received satellite license from the National Audiovisual Council of Romania (www.cna.ro) on August 18. Vox News will focus on news and social topics, with 80% in original programmes and 10% from Deutsche Welle.
The channel is part of SC Sport Channel SRL and has an investment of €2.6 million. Approximately €700,000 has been invested in equipment. In the first year €1.1 million in ad revenues is expected. with a €600,000 deficit projected. SC Sport Channel SRL was created in June 2009. Its shareholders are Roxman Investment SRL (with 80%) and Global Alloys SRL (with 20%).
Realitatea-Caţavencu trust (www.gruprc.ro ) will launch local channels in Constanţa, Iaşi and Galaţi. Project manager Sergiu Toader and company president Emil Hurezeanu,said the news and business channel will target a Moldavian audience.
Sorin Ovidiu Vântu, the major shareholder of the trust, told media that he will invest €10 million in digitalisation by the end of 2009.
Realitatea-Caţavencu comprises a quality channel (Realitatea TV), a business channel (Money Channel), two lifestyle channels (Romantica and CineStar), as well as radio and publishing entities.