TVN CEO Mr. Walter revealed that new thematic channels TVN Med and TVN Lingua would be launched in September / October of this year. The launching date falls in line with earlier announcements.
Separately, according to ‘Press’ monthly, TVN has put more effort in preparations for launching of its Autumn / Winter new programming schedule than its rival Polsat. TVN would start broadcasting two new reality shows ‘Superniania’ (Super nanny’) and ‘Hela w opa3ach’ (‘Grace Under Fire’) in 2H06 and has lured Polsat popular showman Kuba Wojewodzki. In turn, Polsat mostly plans continuations of its soap series, with only two premier programming launches: ‘Oko na miasto’ (‘City Eye’) and ‘Let’s Dance’.
We maintain our expectation of stronger 4Q06 audience share figures, after relatively weaker 3Q06 figures. We reiterate our Hold rating for the stock.