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The largest media company in Albania is drowning in debt

2024-06-08 12:47:00, Aktualitet CNA

The largest media company in Albania is drowning in debt

Illustrative photo

"DigitAlb", the largest media company in Albania, is in debt. CNA reported the day before the fact that this company is about 28 million euros in debt, based on sources from within the company itself. (read here)

A clear, accurate, well-sourced and informative report for public opinion.

We are republishing this article today with the aim of informing the public again about the financial situation in which this company is located, since the news has been removed from social networks, without facts, without arguments, only with the justification of "copyright" of the photo of the company's building. But of course the goal was the content of the news.

We are bringing back the article due to the persecution of Aldor Nini, allegedly in the name of "copyright". In fact, Nini is a soldier and political whip in the social networks of Erion Veliaj, the mayor of the organization with the thieving directors arrested by SPAK.

This is an attack on public information, an attack on the media and the right to tell the truth without censorship.

The puppet character, Aldor Nini, is known as one of the people with deep problems regarding the right of the media in Albania, often denounced as a servant of the political clientele. It is the man who in the name of rights abuses by using the law and the space of social networks for political issues that he never has the rights and never had, although he claims to be someone.

But CNA will not stop even after the attacks of Nini, who has persecuted and raped his ex-partner, or kidnapped his daughter. (read here)

All these materials for these attacks have been given to an international law firm that will not only file relevant legal suits, but will follow in detail any abuse and censorship directed by Aldor Nini with the corrupt media and political bargains with Erion Veliajn .

Full article published by CNA on June 7, 2024

"DigitAlb", one of the largest media companies in the country, which was created with the vision of Dritan Hoxha, seems to be doing worse than ever.

About 28 million euros of debt, sources from "DigitAlb" told CNA, have been created for the company in which the Hoxha family has the majority of shares.

DigitiAlb, once one of the biggest companies with colossal profits, has turned into one of the worst companies with debts, unliquidated obligations and lack of payments. Year after year, the company's sales have worsened and its obligations to the companies it receives services from have increased.

CNA has reported for years the scandals within this company, the trials, the clashes, but also the services it provides, which have negatively affected its progress.

Seeing the economic situation of "DigitAlb" and a deep economic-financial crisis, the vision of Lori and Vjollca Hoxha, have turned this family media company into a company immersed in debt. The main cause of the state of "DigitAlb" is mismanagement and clashes within the company.

For almost 4 years, the debts are increasing, the balances are getting worse and "DigitAlb" continues to steal broadcasting rights or to stop innovating and lose many of the exclusive rights that once gave the company the name of the leader in the market. (read here)

In 2021, "DigitAlb" had a debt that exceeded the value of 10 million euros. It has begun to have deep financial problems, after several clashes between shareholders.

"DigitAlb" was reported to have lost the television rights for 9 television channels. The signal of these channels was interrupted due to the lack of a contract with the rights of payments made by the platform.

The debts of "DigitAlb" continue to increase, while the European Championship, another sports event, will be broadcast on the competitors of "DigitAlb", the "Tring" platform, which after Serie A, the Champions League and many sports competitions will also bring "Euro 2024".

The deepening of the debts of "DigitAlb" has meant that the company, which once could be sold for tens of millions of euros, now has a value that fits the expression "katandisi kokoshi en thele". / CNA