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Hungary: Cable News Channel Sold to Prime Minister's Ally

The founder of a Hungarian cable news and talk channel says he has sold the broadcaster to an ally of the prime minister. Industrialist Gabor Szeles said he sold Echo TV to a company owned by Lorinc Meszaros, a village mayor whose business empire has expanded greatly with the help of state contracts. In an interview published Friday in Magyar Hirlap, his own newspaper, Szeles described Echo TV as “the channel closest to the government.” A company linked to Meszaros recently bought a...

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