Major Romanian news agency Mediafax taken over by local media mogul

Former Romanian journalist Radu Budeanu, currently owner of the Titluri Quality, which includes the Cancan tabloid, the Gândul, general daily, and the ProSport sports daily, has purchased major local news agency Mediafax and its media products: the website, photo agency, and news feed.

The transaction was agreed on January 8, 2025, according to Mediafax.