Article: Czech Republic Business Report Daily.

HEADLINES

Zelezny dismissed as CEO of TV Nova

Vladimir Zelezny, the controversial director of the commercial television broadcaster TV Nova, was dismissed from his post as the station's CEO late Wednesday by Nova's major shareholders the PPF Group and MEF Holding.

The decision to dismiss Zelezny is aimed at protecting the owners' investment in TV Nova, PPF's Petr Dvorak told the daily Lidove noviny (LN).

The owners of TV Nova have grown increasingly concerned over links between Zelezny's past actions and a CZK 10 bn fine levied against the Czech state by an international arbitration court. The court ruled that the state failed to ...

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