Lambrakis Press

The Marinakis Press Group S.A. (Δημοσιογραφικός Οργανισμός Μαρινάκη, ΔΟΜ) was a Greek media company. Since 1957, it was controlled by Christos Lambrakis and played a dominant role in Greek publishing and Greek politics, especially through its flagship newspapers, To Vima and Ta Nea. The group also owned the news portal In.gr, the radio station Vima... Fm 99.5 and the magazines MarieClaire, Cosmopolitan and Vita. In July 2017, a Greek first-instance court confirmed that the group would be acquired by Alter Ego Media S.A., a company including the media assets of Greek businessman Evangelos Marinakis. The court approval for the transfer ownership of DOL to Alter Ego followed the latter's success as the highest bidder in an auction process held earlier in 2017. However, on 11 July 2019, the Athens first-instance court declared DOL to be in a state of bankruptcy, after its debt of over 265 million was not covered by the payment Marinakis had contributed to acquire the organisation with.Read More