The Romanian commercial broadcaster Prima TV has become insolvent.

According to Mediafax, this follows a decision by the Bucharest Court to open a general procedure against the debtor.

It adds that the court has appointed SMDA Mures Insolvency Specialists SPRL as the provisional insolvency administrator.

As previously reported in Broadband TV News, Prima TV, which is owned by the entrepreneur Cristian Burci, filed for bankruptcy earlier this month.

Prima TV was established in 1994 and includes SBS Group and ProSiebenSat.1 among its previous owners.