Discovery to fight proposed Polish foreign ownership restrictions

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Discovery to fight proposed Polish foreign ownership restrictions
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Observers say the proposed Polish law is aimed at Discovery, owner of two dozen Polish channels, including news network TVN24, which has been critical of the right-wing government.

Amid a takeover attempt of CNN owner WarnerMedia, U.S. media company Discovery has found itself in an escalating dispute with the Polish government over the future of independent broadcasting.

At stake is Poland’s commitment to media freedom and democracy — as well as Discovery’s ambitions to become a global media giant.which owns CNN, HBO, TNT, Cartoon Network, Turner Classic Movies and the legendary Warner Bros. film and TV studio in Burbank. Swallowing the much bigger WarnerMedia, currently owned by AT&T, would transform the medium-size cable programming hub into one of the world’s most powerful media companies.

In contrast, proponents of the measure say it would strengthen national security. On Thursday, Polish Prime Minister Mateusz Morawiecki disputed the notion that the bill was aimed at TVN or Discovery. Discovery said Thursday that it would fight the government’s actions. The New York-based company, which owns HGTV, Food Network and Animal Planet, sent a letter to Poland’s President Andrzej Duda, warning legal action under a bilateral treaty designed to promote trade relations between the U.S. and the Republic of Poland. The notice triggers a six-month cooling-off period.

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