Diema Vision was founded in 1999. Diema Vision owns four TV channels - Diema, Diema 2, Diema Family and MM. Diema Vision TV Channels are included in the program packages of over 400 cable and DTH operators. Diema TV Channels are covering almost 70% of the 2.7 million TV households in Bulgaria.

During the years the company has developed its activity very successfully and at the end of 2005 became a part of Apace Media Group. As of March 2007, Diema Vision is a part of BMGL (Balkan Media Group Limited), a joint venture between Apace Media Group UK and the international entertainment-broadcasting group Modern Times Group MTG AB. Diema Vision strive for a leading place on the Bulgarian media and entertainment market. (www.diema.bg)

Balkan Media Group Limited is the leading broadcaster via cable in Bulgaria, operating six channels (‘Diema’, ‘Diema 2’, ‘Diema Family’, and ‘MM TV’), which are broadcast through nearly 400 cable networks, covering almost 70% of the 2.7 million TV households in Bulgaria. BMGL is jointly owned by Modern Times Group (MTG) and Apace media.

Apace Media plc specializes in content creation and Eastern European broadcasting. The content creation activities include the production of popular factual, factual entertainment, science and sports content for television and the production of music CDs.  Its Eastern European broadcasting and other media activities include the ownership of eight cable channels, cinema and home entertainment distribution and music production in Bulgaria and Macedonia. Apace Media plc ordinary shares are listed on the Alternative Investment Market of the London Stock Exchange under the symbol APA. (www.apacemedia.com)

Modern Times Group is an international entertainment-broadcasting group with operations in more than 30 countries around the world. MTG is the largest Free-to-air and Pay-TV operator in Scandinavia and the Baltic region, the largest shareholder in Russia’s largest independent television network, and the number one commercial radio operator in the Nordic region. The Viasat DTH satellite TV platform offers digital multi-channel TV packages of 50 own-produced and third party entertainment channels. Viasat TV channels now reach over 80 million people every day in 22 countries across Europe. Among those are 3 mini-pay channels available in Bulgaria: TV1000 Balkans, Viasat Explorer and Viasat History. Modern Times Group MTG AB class A and B shares are listed on the Nordic Stock Exchange Large Cap list under the symbols MTGA´ and MTGB´. (www.mtg.se)