We have advised LN24, a new Belgian media outlet, on its €4.5m fundraising package.
LN24 is a new francophone media that will fill a gap in the Belgian TV market, the first continuous Belgian news channel by means of audiovisual and digital media. LN24 intends to broadcast accurate, reliable, and rigorous information, covering the entire national territory, 24 hours a day, seven days a week, on TV and on the web.
LN24 was created by three personalities of the Belgian media landscape, Martin Buxant, Joan Condijts, and Boris Portnoy. Boris Portnoy will manage the company’s operations whilst editorial management will be led by Martin and Joan. The company raised €4.5m, from the three founders and four financial partners, Belfius Insurance, Besix, Title-Media, and Ice-Patrimonial.
