Shock as Government Supporters Acquire the Nation's Top Daily Publication
Media professionals at Hungary's most popular newspaper have expressed shock after a media group viewed as friendly to PM Viktor Orbán's party, Fidesz, acquired the tabloid from its earlier Swiss owners.
Timing of Purchase
The buyout, which coincides with Hungary prepares for important elections next year, is generally viewed as another move to expand state control on the media.
A Fidesz-friendly media company, Indamedia, stated on Friday it had bought a collection of Hungarian media assets, including the fashion publication and Blikk, a influential tabloid whose online platform draws around three million online readers monthly.
Management Changes
Blikk's outgoing top editor, Ivan Zolt Nagy, said on Monday that he and a top executive were departing in "shared decision" with the acquiring company.
Their recruitment occurred seven months ago to reposition Blikk, "shifting from dramatic coverage but on compelling journalism" and to be "more reader-centered, reporting on political affairs, economic matters, and culture," he commented on social media.
Staff Reactions
Staff at Blikk expressed being shocked. "I came close to a heart attack when I learned about the news," said one reporter, who wished to be unnamed. "Personally, this is ethically questionable."
Blikk has introduced a fresh chief editor, Baláz Kolossváry.
Media Landscape Issues
Many journalists who have chosen to remain admit being in a difficult position as there are not many other publications remaining where they could apply.
Over the past 15 years, Orbán has been able to use a sprawling pro-government press environment to enhance his reputation and public opinion ratings.
Political Timing
Whereas important publication transactions have tended to take place either post-election or during a quiet political period, the buyout of Ringier Hungary occurs fewer than six months before April's parliamentary election.
Blikk was viewed as a main goal for Orbán and his political organization at a time when polls are indicating that they have a genuine competitor for the first time in over a decade.
Political Rival Response
The rival candidate, Péter Magyar, whose Respect and Freedom political group is running on commitments to root out entrenched dishonesty, has been direct about Orbán's "propaganda factory" and the negative impact he says it has affected Hungary's political freedom.
He has questioned the Ringier Hungary transaction, saying it signifies another attempt by Orbán to strengthen his grip over Hungary's news publications.
Newspaper's Importance
Though Blikk is a daily publication, renowned for its celebrity news and sensational captions, in the recent years it has also featured multiple stories on possible misconduct.
"The publication represents by far the most read daily newspaper in Hungary, a sector dominator," stated a media analyst. "Their digital platform has become surprisingly popular in the past few years, becoming the fourth most popular online site in Hungary. If biased information is published by such extensively consumed and influential publications, it will have an impact on the general population."
Global Context
For exceeding a decade, Hungary has functioned as a example for other "authoritarian-leaning governments" around the world.
Previous US leaders and their allies have long praised Orbán's Hungary even as it plunges in press freedom rankings.
In 2022, Orbán addressed a conference of US conservatives that the way to governance demanded "owning press organizations."
Historical Media Regulation
In 2010, Orbán's administration enacted a regulation that asserted official oversight over the main media regulator and positioned the public broadcaster in the management of allies.
Ownership Information
Indamedia is partially controlled by Mikló Vaszily, a pro-government investor who is also top executive of a state-aligned TV network.
In a declaration, Indamedia's second proprietor and CEO, Gábor Ziegler, stated: "Through the acquisition of Ringier Hungary, the group is acquiring a profitable publication group of comparable scale to Indamedia, with strong market positions and recognized names that serve a crucial function in the Hungarian press environment."
Ringier announced in a release that its determination to transfer was "driven exclusively by strategic economic considerations and our emphasis on our main internet businesses in Hungary."
A state communicator was contacted for comment.