Media professionals at the country's leading newspaper have expressed shock after a media group seen as close to nationalist prime minister Viktor Orbán's political faction, Fidesz, purchased the popular daily from its former Swiss owners.
The buyout, which comes as Hungary prepares for pivotal elections next year, is largely considered another attempt to strengthen state control on the press.
A government-aligned media company, Indamedia, declared on Friday it had acquired a portfolio of Hungarian media assets, including the fashion publication and Blikk, a widely-read tabloid whose digital edition attracts approximately three million web users monthly.
Blikk's former editor-in-chief, Ivan Zolt Nagy, stated on Monday that he and another key leader were exiting in "shared decision" with the current proprietor.
They were appointed seven months ago to restructure Blikk, "shifting from dramatic coverage but on engaging content" and to be "more reader-centered, reporting on political affairs, economics, and cultural topics," he said on social media.
Employees of Blikk admitted feeling shocked. "I came close to a heart attack when I heard the announcement," said one reporter, who wished to be unidentified. "For me, this is professionally concerning."
Blikk has announced a replacement top editor, Baláz Kolossváry.
Several media professionals who have chosen to remain admit being in a complex circumstance as there are limited other outlets left to which they could look for work.
During the last 15 years, Orbán has been able to use a widespread government-supporting media landscape to enhance his reputation and polls.
Although important publication transactions have tended to take place either post-election or during a calm political phase, the buyout of Ringier Hungary comes less than six months prior to April's national vote.
Blikk was considered a prime target for Orbán and his political organization at a time when surveys are signalling that they have a serious opponent for the first time in more than a decade.
The opposition leader, Péter Magyar, whose Tisza political group is running on commitments to root out entrenched dishonesty, has been vocal about Orbán's "media machine" and the negative impact he asserts it has caused to Hungary's political freedom.
He has condemned the Ringier Hungary acquisition, stating it signifies another move by Orbán to strengthen his grip over Hungary's media outlets.
Although Blikk is a daily publication, renowned for its entertainment section and over-the-top headlines, in the recent years it has also published numerous articles on possible misconduct.
"Blikk is by far the most widely circulated newspaper in Hungary, a sector dominator," said a press expert. "The web version has become unexpectedly successful in recent times, becoming the fourth most popular digital platform in Hungary. If propaganda is published by such extensively consumed and influential publications, it will have an impact on the citizenry."
For more than a ten-year period, Hungary has served as a example for other "illiberal democracies" internationally.
Former American officials and their supporters have frequently applauded Orbán's Hungary even as it falls in media freedom indexes.
In 2022, Orbán spoke to a gathering of US traditionalist groups that the route to leadership required "controlling media outlets."
In 2010, Orbán's administration passed a regulation that established state authority over the chief communications authority and positioned the public broadcaster in the hands of allies.
Indamedia is partially controlled by Mikló Vaszily, a state-aligned entrepreneur who is also chief executive of a government-friendly television station.
In a announcement, Indamedia's second proprietor and CEO, Gábor Ziegler, commented: "Via the purchase of Ringier Hungary, the company is gaining a successful publication group of comparable scale to Indamedia, with established industry presence and recognized names that play a defining role in the Hungarian press environment."
Ringier said in a release that its choice to divest was "driven exclusively by strategic economic considerations and our focus on our primary online operations in Hungary."
A official representative was approached for comment.
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