‘Putin’s personal banker’ Kovalchuk to buy CNN Russia as Turner moves out

CNN Russia: Media Alliance the joint venture founded by the US Discovery channel and Russian billionaire…

Alibaba buys South China Morning Post

China’s e-commerce giant Alibaba is to acquire Hong Kong’s English-language South China Morning Post newspaper. In a statement released…

Egmont Media restructures to comply with new media law

The Danish publishing company Egmont Media Group has announced that it is to transfer its Russian magazine…

Axel Springer quits Russia over new media law

 Germany’s Axel Springer has decided to pull out of Russian and has sold 100% of its Russia…

Axel Springer rumoured to be quitting Russia

Axel Springer is about to sell an 80% stake in its Russian publishing operation to Alexander…

Edipresse quits Russia over new ownership legislation

The Edipresse Group, Swiss-based publishers of over 40 Russian women’s interest and DIY consumer titles and…

Russian media companies facing 20% redundancies

Russian media companies: Dwindling state and advertising revenues mean that, by the government’s own estimates, Russian journalists and other…

Sanoma sells Russian fashion titles to Hearst Shkulev Media

Sanoma,Finland’s top media house Sanoma has agreed to sell its stake in Fashion Press,  publishers of the Russian…

Financial Times may be forced to sell stake in Vedomosti

The Financial Times and Dow Jones may be forced to sell their stake in the influential and…

Foreign media ownership law gets presidential sign-off

Foreign media ownership law:  President Vladimir Putin has signed off the law limiting foreign ownership in Russian media assets…

Foreign ownership of Russian media limited to 20%

Foreign ownership of Russian media: Russia’s parliament last week passed a law limiting foreign ownership of domestic media…

Yandex buys ADFOX advertising technology platform

Yandex buys ADFOX: Russian internet and search engine company Yandex has acquired the ADFOX advertising  technology platform for…