EST MEDIA Holding Public Limited Company (BUSE:ESTMEDIA) sold its stake in EMG Médiacsoport Kft., EXIT Kiadói Kft, Phonon 450 Zrt, Programata Media Group and Sapte Nopti on November 10, 2014. As part of the deal, any stake in the subsidiaries of the afore mentioned entities was also sold. The subsidiaries include EMERGING MEDIA GROUP Kft., Ingyenes Musorújság Kft., Magyar Vendor Kft. and ESTÉRT Kft. EST MEDIA Holding Public Limited Company media business ceased to exist in Hungary, Bulgaria and Romania.

EST MEDIA Holding Public Limited Company (BUSE:ESTMEDIA) completed the sale of its stake in EMG Médiacsoport Kft., EXIT Kiadói Kft, Phonon 450 Zrt, Programata Media Group and Sapte Nopti on November 10, 2014.