On 15 December 2014, the Hungarian National Assembly adopted a new amendment to the Hungarian Media Act, primarily aimed at the transformation of the institutional framework of the public media services. As a result of this amendment, Duna Médiaszolgáltató Részvénytársaság (Duna Media Service Company limited by Shares) was established as the legal successor of Magyar Televízió (Hungarian Television), Duna Televízió (Duna TV), Magyar Rádió (Hungarian Radio) and Magyar Távirati Iroda (Hungarian News Agency), which all operated as independent shareholding companies. Duna Médiaszolgáltató Részvénytársaság will thus become the provider of all public television, radio and online content services, as well as public news agency activities with effect from 1 January 2015.
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