Emmis Loses Suit To Regain Hungarian License, For Now
February 24, 2011 at 4:02 AM (PT)
The Hungarian Supreme Court has rejected EMMIS COMMUNICATIONS' bid to regain the license for SLAGER RADIO in HUNGARY.
The BUDAPEST BUSINESS JOURNAL reports that the court upheld a lower court ruling that Hungarian radio regulator ORTT, which lifted EMMIS' license as well as the license of DANUBIUS RADIO and gave the frequencies to entities widely seen as politically connected to the ruling party, broke the law in how it handled the procedure, but rejected EMMIS' suit against ORTT and FM1 KONZORCIUM, which took over SLAGER RADIO's frequencies for its NEO FM, to be restored to ownership of the station.
However, the Court, which cannot order ORTT to make the change, "made it clear that under the effective laws, primarily the media law, the watchdog should" terminate the contracts with FM1 and ADVENIO, which took over DANUBIUS RADIO's frequencies for the new CLASS FM, and repeat the bidding for the two sets of licenses with FM1 and ADVENIO disqualified, according to the JOURNAL.