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Latest Satellite News Discussion, Update Russian TV station sold at General Satellite News forum; Russian TV station sold By Chris Dziadul July 28, 2009 Russian Media Ventures (RMV) has acquired a 50% stake in ...

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Update Russian TV station sold - 28-July-2009, 15:50

Russian TV station sold

By Chris Dziadul

July 28, 2009

Russian Media Ventures (RMV) has acquired a 50% stake in Vesti-24, a station based in the city of Novosibirsk, for around $1-2 million (0.7 -1.4 million).

According to Kommersant, RMV is owned by the shareholders of Video International, the largest ad sales house in Russia, and Vesti-24 has become its first TV asset.

It is expected to sell Vesti-24, which reaches all of Novosibirsks 1.3 million population, once the global economic crisis is over.


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