The Polish media group Kino Polska TV has acquired an 80% stake in the teleshopping company TV Okazje.

According to the Kino Polska TV, it has paid PLN59,500 (14,186) for the stake and also agree to loan TV Okazje PLN250,000 to help develop its business.

Kino Polska is majority (66%) owned by SPI International and includes the production and distribution of FilmBox movie and thematic channels among its activities.

It expects the investment in TV Okazje will have a positive effect on its EBITDA in 2015.