[ad_1]
Mait Laidvee, whose main business is in the forestry sector, bought a majority stake in the company that publishes Latvia’s largest daily newspaper, Diena (Diena literally means ‘day’ – ed.) We aim to increase the presence of and portal.
Laidvee said of the development:[Diena editor-in-chief] Gatis Madžinš and I both do triathlons. As we’ve been competing and training together in the same group, this has quietly started to develop. “
“I took on this project purely as a strategic investor.
Diena has the higher readership of Latvia’s two major dailies, but more than a decade ago most of its top journalists quit the publication, which they saw as questionable ownership at the time.
Deena, on the other hand, is at a loss, as Laidby readily admits. Despite his lack of experience in the media, his investment was Deena’s own idea.
“We think very highly of ourselves and our role in Latvian life is not small,” Mazinsch said.
“But what has been missing so far is funding and opportunities to develop an online environment. Latvia is the only country with an economic portal and daily news environment of this kind.
“Mait Laidvee’s ambition as an investor is to develop an online product specifically,” he added.
Laidvee’s holdings also include supplements of related journals published under the same umbrella. Kots and Madžinš each own a 24% stake in him.
Another businesswoman active in the Latvian media market is Anastasia Udalova, a partner of freight rail entrepreneur Oleg Osinovsky (father of Social Democrat Yevgeni), AK reported.
She now owns Mediju Namsi (English: Media House), which publishes Diena’s rival online publication nra.lv.
—
Follow ERR News on Facebook, twitter Never miss an update!
[ad_2]
Source link
