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Tuesday, August 9, 2022

Businessman bankrolls new media company

By: J.S.,STA

Businessman Aleš Štrancar has invested a million euros of his personal wealth in a new media company called Media Polis that will purchase the conservative news portal Domovina and its weekly print edition from the pro-family association Iskreni.

Štrancar said Domovina was merely the first step in the new media project which would be followed by the purchase of a news portal. Štrancar will hold a 37% stake in the company. Iskreni director Igor Vovk and the editors of the Domovina portal and magazine, Rok Čakš and Tino Mamić, will hold 21% each.

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