Kyriakou is credited with reshaping the Antenna asset portfolio. in October 2008, he built up a war chest for potential media acquisitions following the sale Nova, the Bulgarian assets of his Antenna TV company to Modern Times Group of Sweden for €628m (£600m). Interviewed following that transaction by the Financial Times, Kyriakou said: “We will be looking at a variety of assets across the broad spectrum of the media world and across Europe.” As the FT reported, Antenna was founded by Mr. Kyriakou's father Minos in 1989 and it is now the largest Greek-language media company in the world with production companies, radio stations, magazines and television channels at home.