Media Holding

Media Holding

Media Holding is a limited liability company that owns ABC News television indirectly through ownership of its parent company, ABC Management LLC. The owner of the Media Holding is Esat Bojku, an unknown figure in the media scene in Albania.

ABC News Television is a 24-hour news channel that also broadcasts in audio through the radio station of the same name as well as the website abcnews.al. The television inherited the license of Telenorba Shqiptare, a TV station of the 2000s founded by three Italian citizens. The ABC News changed hands and was sold several times before it was bought by Bojku for 2.7 million euros in October 2022.

 

Key facts

Business Form

Private

Legal Form

Limited liability company

Business Sectors

Radio and Television Broadcasting

Ownership

Individual Owner

100%
Media Outlets
Other Media Outlets

Other Online Outlets

www.abcnews.al

Facts

Media Business

TV Broadcasting

ABC News (100%)

Radio Broadcasting

Radio ABC News (100%)

General Information

Founding Year

2000

Affiliated Interests Founder

The history of the company ABC News JSC goes back in time in 2000, when a company named Telenorba Shqiptare was founded in Albania with shareholders Eligio Romanazi (14.35%), Scorpion Sh.p.k (23.65%), Donato D'Alessandro (40%) and Giovanni D 'Alessandro, (22%). Telenorba Shqiptare received its first permit to open a local television station in November 2000 from the National Council of Radio and Television, the predecessor of AMA (Audiovisual Media Authority). In 2006, The Council refused the request to renovate the 5-year license for this channel. The company was sold several times up to 2007, when Redi Sata obtained 80% of the shares. In 2009, the National Council of Radio and Television decided to revoke its previous decision and renovated the license for another 5 years. In 2010, the name of the company was changed from Telenorba Shqiptare to ABC News.
ABC News JSC was sold several more times even after the name change. In 2016, Sata sold 40% of the shares to Aleksander Frangaj and his wife, Alba Gina for a price of 20,000 euros. In May 2019, Frangaj and Gina purchased the remaining part of the shares, but three months later they sold ABC News JSC to the A.B.C Management company for 600,000 euros. The Greek citizen, Efthymia Gkouma owned 100% of the shares of A.B.C Management. The company was managed for 3 years by Idaver Sherifi, who has previously worked as an Administrative Director of American Hospital.
In October 2022, the mother company of ABC News was sold again to Media Holding LLC for a price of 2.7 million euros. Esat Bojku, a Kosovo citizen owns 100% of the shares of Media Holding LL. He is an unknown figure in the Albanian media market.

Employees

Missing Data

Contact

Rruga Aleksander Moisiu, Ish-Kinostudio, Tirana

Email: info@abcnews.al

Tel: +355674009040

 

Tax/ ID Number

Media Holding (M22207035F); A.B.C Management (L91911028V); A.B.C News (K01711004F)

Financial Information

Revenue (Financial Data/ Optional)

ABC News: 3.06 Mln..$/ 347 Mln.. Lek

Operating Profit (in Mill. $)

ABC News: -1.17 Mln..$/-133 Mln..Lek

Advertising (in % of total funding)

Missing Data

Management

Supervisory Board

Behar Male

An Albanian businessman with activities in construction, hotels and energy. He is the owner of the company Tirana International Development. In February 2000, Male was appointed chairman of the Supervisory Council of ABC News.

Other Influential People

Sokol Balla

Journalist and moderator of the political TV show “Real Story”. He is also the Director of ABC News. Balla started his career in journalism in early 90s and worked for the daily newspapers “Gazeta Shqiptare” and “Koha Jone”. Later on, Balla switched to television and directed the news departments for TV Klan, Top Channel and Vision Plus. In May 2023, Balla received the title “Grand Master” from the President Bajram Begaj for his contribution in print and electronic media. Balla is also the author of several nonfiction books.

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

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Meta Data

The ownership structure and financial statement are publicly available on the Albanian National Business Registry. The financial data provided are for 2022. The Central Bank's average exchange rate for 2022 have been used to convert the amounts into USD. See sources for more.

  • Project by
    BIRN ALBANIA
  •  
    Global Media Registry
  •  
    Funded by European Union
  • Funded by
    BMZ