Realitatea Media, that operates the licenses for Realitatea and The Money Channel, notified CNA that it will operate a name change, by transforming The Money Channel in RTV.
RTV, used until recently by Romania TV, belongs to Realitatea Media. CNA summoned Romania TV in August to stop using the brand variation RTV.
Mura Frinculescu, executive director Realitatea Media: The market niche of The Money Channel isn’t one to bring us profit and that is why we are trying a change and will go with it as a complementary program for Realitatea TV.
A decision on Realitatea Media’s demand on turning Money Channel in RTV was postponed by CNA for a next meeting. The council didn’t give too many reasons on this postponing decision.
During the last few months, Realitatea Media took a series of measures so that RTV brand wouldn’t be used anymore by Romania TV channel.
Translation provided by AdHugger
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