Tycoon Shuts Down Print and Radio Outlets After Orban Win
- Magyar Nemzet daily newspaper closing after 80 years in print
- Opposition politician offers to buy newspapers, radio station
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A former Hungarian government ally-turned-opposition supporter shut down most of his news empire, in a sign that Prime Minister Viktor Orban’s overwhelming election victory may further weaken independent media.
Magyar Nemzet, a national daily newspaper established in 1938, said on its website Tuesday that it was working on its last edition. Lanchid radio, which belongs to the same media group owned by Lajos Simicska, also said it would shut down due to lack of financing.