Hungarian Media Finances Map
Latest company updates
Magyar Jeti Zrt.
Magyar Jeti Zrt., the publisher of 444, Qubit and Lakmusz, is one of Hungary’s most important independent digital media companies. Its 2025 accounts show a rare combination in the Hungarian…
Magyar RTL Televízió (RTL Hungary)
RTL Hungary is one of Hungary’s two leading commercial broadcasters and the country’s most important independent, foreign-owned television group, a significant counterweight in a media market dominated that has been…
Mediaworks Hungary
Mediaworks is the largest press company in Hungary and the commercial core of the pro-government media bloc built during Viktor Orbán’s rule. Its 2025 accounts tell a stark story: revenue…
Magyarnarancs.hu Lapkiadó
Magyar Narancs is one of the few independent, liberal voices to have survived Hungary’s long period of media concentration under Fidesz, and its 2025 accounts capture the last full financial…
HVG Kiadó
Heti Világgazdaság Kiadói Zrt. (HVG Kiadó), the employee-founded Budapest publisher of Hungary’s leading economic and political weekly HVG and the news portal hvg.hu, and one of the country’s few large…
Central Médiacsoport
Central Médiacsoport Zrt., the Budapest publisher of the independent news site 24.hu and the women’s weekly Nők Lapja, and one of the last large domestically owned independent media groups in…
Hungarian Media and Journalism Analysis
Political Interference and Financial Outcomes: Analysis of Hungarian Media Companies
Authors Gabor Sitanyi has worked as a fund manager based in London running emerging market equity portfolios for nearly 30 years for Flemings, Schroders, Charlemagne and Fiera Capital, amongst others. Now,…
Independent Media Companies
Magyar RTL Televízió
Brands: RTL Klub (broadcast) Media type: Broadcast / TV Political affiliation and funding: Independent, foreign-owned, well-capitalised, mostly funded by private ads
Magyarnarancs.hu Lapkiadó
Brands: Magyar Narancs (print and online) Media type: Print / online Political affiliation and funding: Independent, liberal (funded by grants, subscription fees and mostly private ads)
HVG Kiadó
Brands: HVG (print and online) Media type: Print / online Political affiliation and funding: Independent, centre/liberal (well-capitalised, funded by subscription fees and private ads)
Central Médiacsoport
Brands: 24.hu (print and online) Media type: Print / online Political affiliation and funding: Independent, centre/liberal (local, well-capitalised, mostly funded by subscription fees, private and state ads, small grants)
Alhambra Press
Brands: Magyar Hang (print and online) Media type: Print / online Political affiliation and funding: Independent, liberal (funded by subscription, grants, and reader donations)
Van Másik
Brands: Telex.hu (online) Media type: Online only Political affiliation and funding: Independent, liberal (funded by grants, reader donations and private ads)
Válasz Online
Brands: Válasz Online (online) Media type: Online only Political affiliation and funding: Independent, conservative (local, funded by reader donations)
Magyar Jeti
Brands: 444.hu (Lakmusz.hu and Qubit.hu) online Media type: Online only Political affiliation and funding: Independent, liberal (local, funded by grants, reader donations, subscription fees and private ads)
Klubrádió Szolgáltató
Brands: Klubradio (broadcast – internet only) Media type: Online broadcast Political affiliation and funding: Independent, liberal (local, funded by grants and cash-rich, private owners)
Direkt36 Nonprofit
Brands: Direkt 36 (online) Media type: Online only Political affiliation and funding: Independent, liberal (local, funded by grants and reader donations)
Átlátszó.hu Közhasznú Nonprofit
Brands: Atlatszo (online) Media type: Online only Political affiliation and funding: Independent, liberal (local, funded by grants and reader donations)