Russian Head of General Staff Gerasimov hands award weapon to Syrian generalMilitary & Defense August 19, 9:10
German politician says Crimea should to be recognized as part of RussiaWorld August 19, 6:22
Russian Emergencies Ministry carries out over 430 humanitarian missions abroad since 1993Society & Culture August 19, 6:18
Olympic diving champion Zakharov to carry Russia’s flag at opening ceremony of UniversiadeSport August 19, 4:11
New defense attorney to be appointed in former Ukrainian president’s high treason caseWorld August 19, 4:04
Mayor says Izmir International Fair homage to memory of late Russian ambassadorWorld August 19, 3:59
Putin, Medvedev emphasize need to restore cultural facilities in CrimeaSociety & Culture August 19, 3:43
El Pais: all four suspects in Barcelona terror attack shot deadWorld August 19, 3:36
Foreign Ministry speaker Zakharova very passionate about her dollhouseRussian Politics & Diplomacy August 18, 23:01
The amendments were presented to the State Duma, the parliament’s lower house, by deputies Vadim Dengin from the Liberal Democratic Political Party (LDRP), Vladimir Parakhin from the Just Russia party and Denis Voronenkov from the Communist Party (KPRF).
At present, a foreign legal entity or a Russian legal entity, in which a foreign firm owns 50% and more, are not authorized to set up television and radio channels. They must not act as founders of Russian companies, if they broadcast in more than a half of the country’s 85 regions. The bans concern foreign citizens or the Russians with dual citizenship.
The main novelty in the amendments is the ban for foreigners to own over 20% in Russian mass media, manage them or control directly and indirectly. The current law allows vicarious ownership by foreigners of television and radio companies through a chain of Russian legal entities.
The probability of adoption of the amendments is very high, according to a source close to the State Duma’s high-ranking officials.
At present, only two foreign investors work in the Russian terrestrial television: Sweden’s Modern Times Group, which owns 37.9% in Russian television holding CTC Media, and the US’ Walt Disney Co., which bought 49% of the Semyorka channel in 2011 and calibrated it into the Disney channel.
Much more foreign broadcasters are in the thematic television sphere, which uses both cable and satellite means. There are Russian-speaking versions of channels of such companies as Discovery Communications, Viacom and Entertainment Television.