Journalists at Hungary's leading newspaper have shown disbelief after a media group viewed as friendly to nationalist prime minister Viktor Orbán's party, Fidesz, bought the tabloid from its former Swiss owners.
The buyout, which occurs while Hungary gears up for important elections next year, is largely considered another attempt to strengthen state control on the news outlets.
A pro-Orbán media company, Indamedia, announced on Friday it had purchased a collection of Hungarian titles, including the fashion publication and Blikk, a influential daily newspaper whose online platform draws around three million digital visitors monthly.
Blikk's former chief editor, Ivan Zolt Nagy, said on Monday that he and a top executive were exiting in "mutual agreement" with the current proprietor.
Their recruitment occurred seven months ago to revamp Blikk, "focusing not on sensationalism but on interesting stories" and to be "more audience-focused, covering politics, economics, and culture," he said on social media.
Staff at Blikk expressed being stunned. "I came close to a cardiac episode when I heard the announcement," stated one correspondent, who asked to stay unnamed. "In my view, this is ethically questionable."
Blikk has announced a fresh chief editor, Baláz Kolossváry.
Several media professionals who have decided to stay admit being in a challenging situation as there are limited other media organizations available where they could look for work.
During the last 15 years, Orbán has been able to use a widespread state-aligned media landscape to strengthen his public perception and public opinion ratings.
Although major media acquisitions have typically occurred either post-election or during a stable political time, the buyout of Ringier Hungary happens less than six months prior to April's parliamentary election.
Blikk was viewed as a main goal for Orbán and his political organization at a period when polls are signalling that they have a serious opponent for the initial occasion in more than a decade.
The rival candidate, Péter Magyar, whose Respect and Freedom political group is promoting pledges to eliminate entrenched dishonesty, has been outspoken about Orbán's "information apparatus" and the negative impact he asserts it has caused to Hungary's democracy.
He has criticised the Ringier Hungary deal, stating it signifies another move by Orbán to solidify his influence over Hungary's media outlets.
While Blikk is a tabloid, famous for its gossip column and sensational captions, in the recent years it has also run numerous articles on possible misconduct.
"This newspaper stands as by far the most read daily newspaper in Hungary, a industry frontrunner," said a press expert. "Its online site has become remarkably well-received in the past few years, becoming the fourth most popular digital platform in Hungary. If propaganda appears in such extensively consumed and influential publications, it will have an effect on the general population."
For over a ten-year period, Hungary has acted as a model for other "authoritarian-leaning governments" around the world.
Former American officials and their associates have consistently commended Orbán's Hungary even as it plunges in press freedom rankings.
In 2022, Orbán told a conference of US right-leaning politicians that the way to governance necessitated "having their own media."
In 2010, Orbán's government approved a regulation that asserted official oversight over the main media regulator and put the state broadcaster in the hands of supporters.
Indamedia is 50% owned by Mikló Vaszily, a state-aligned businessman who is also chief executive of a state-aligned TV network.
In a declaration, Indamedia's other co-owner and CEO, Gábor Ziegler, stated: "By obtaining of Ringier Hungary, the organization is gaining a well-performing media company of comparable scale to Indamedia, with solid commercial standing and popular products that have significant influence in the Hungarian media landscape."
Ringier said in a statement that its decision to sell was "motivated entirely by strategic economic considerations and our focus on our primary online operations in Hungary."
A state communicator was contacted for comment.
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