Sunday, July 6, 2025

Creating liberating content

Introducing deBridge Finance: Bridging...

In the dynamic landscape of decentralized finance (DeFi), innovation is a constant,...

Hyperliquid Airdrop: Everything You...

The Hyperliquid blockchain is redefining the crypto space with its lightning-fast Layer-1 technology,...

Unlock the Power of...

Join ArcInvest Today: Get $250 in Bitcoin and a 30% Deposit Bonus to...

Claim Your Hyperliquid Airdrop...

How to Claim Your Hyperliquid Airdrop: A Step-by-Step Guide to HYPE Tokens The Hyperliquid...
HomeSportsThe ministers of...

The ministers of culture and labor addressed parliament about Lusa and global media

Labor and culture ministers will be urgently summoned to parliament over the restructuring of Global Media Group (GMG) and the government’s acquisition of Lusa’s stake following approval of requests from PCP and BE.

The PCP and BE requests submitted on Wednesday were unanimously approved this Thursday by the Parliamentary Committee on Culture, Communications, Youth and Sports.

The PKP demanded urgent hearings with the ministers of culture and labor regarding the restructuring of the Global Media Group (GMG) and the state’s acquisition of a stake in the Lusa agency.

The Communist College also asked parliament to consider the resignations of Jornal de Notícias, TSF, O Jogo and Dinheiro Vivo, which are part of GMG.

In the third request, the PCP considers that the outgoing directors of Jornal de Notícias, TSF, Jogo and Dinheiro Vivo should also be heard within the framework of the parliamentary committee on culture and social communications.

BE has already requested an urgent hearing from the Minister of Labor on the situation of Global Media Group workers, asking to hear from the Minister of Culture on the same topic and on Lusa’s shareholder structure.

On December 6, in an internal statement sent by the group’s workers on the first of two days of strike, GMG’s executive committee, led by José Paulo Fafe, confirmed that it would urgently negotiate layoffs with 150–200 workers and move forward with what it said was a restructuring , was necessary to avoid the “more than foreseeable bankruptcy of the group.”

At the end of July, the World Opportunity Fund, an investment fund based in the Bahamas, a so-called tax haven, became the owner of 51% of the share capital of Páginas Civilizados, which directly or indirectly controls 50.25% of the company’s shares. Global Media and 22.35% of the Lusa news agency.

The government announced on November 30 that the state’s purchase of the 45.7% stake in Lusa agency owned by Global Media and Páginas Civilizados had failed due to a “lack of broad political consensus.”

Author: Lusa
Source: CM Jornal

Get notified whenever we post something new!

Continue reading