Euronews adds Morocco to shareholders

Moroccan public broadcasting company, SNRT, has acquired a stake in European news channel Euronews.

A member of the EBU, SNRT acquired a 0.33% stake in the holding company and now joins the 22 existing Euronews shareholders from Europe and the Mediterranean.

The reason Morocco entered into Euronews is because of the introduction of the Arabic language last July. This initiative is supported by the Arab States Broadcasting Union (ASBU) and is a topic of great importance for SNRT and the channelís other Arabic shareholders.