News Corporation sells its Russian radio stations to a Russian.

Posted: 05 Apr 2010   Print   Send a link
"News Corporation and Vitaly Bogdanov today announced they have reached agreement on the sale of Russian radio stations Nashe Radio Moscow, Best FM, Ultra and Nashe Radio St Petersburg. Under the terms of the agreement, Mr Bogdanov will acquire 100 per cent of the four radio stations. Nashe Radio was launched in 1998 and is the number one commercial station in Moscow for 18-34 year olds." News Corp press release, 2 April 2010.
     "A separate thank you to radio hosts for their work on this black Monday [of the Moscow subway bombings]. They did what television should have done. Right on time, the radio broadcast experts, opinions, and conversations, which are always better than silence and uncertainty. Even if they’re just empty responses to the primary questions: who, how, why? But the analysts, comparisons with analogous terrorist attacks, broadcasting information as it became available, interviews with news people – all of this is absolutely normal journalistic work. The radio flexibly reworked itself during the tragic events. It worked in person, live, broadcasting directly. A few radio stations even cut out their commercials." Natalia Gevorkyan, Gazeta.ru, translated by The Other Russia, 2 April 2010. See previous post about same subject.
     "In an essay posted on the Stoletiye.ru portal yesterday, Oleg Pukhnavtsev, having surveyed Moscow television for the last months, concludes that Russians outside of Moscow get coverage only when a Russian leader from Moscow visits or more rarely when there is some particular disaster or violence." Paul Goble, Window on Eurasia, 2 April 2010.