Serbia’s PM believe Russia concerned by instability in BalkansWorld March 28, 3:40
About 3,000 troops to take part in missile force’s drills in central RussiaMilitary & Defense March 27, 20:55
Russian footballers must ‘force own game’ on Belgium in Sochi friendly match — coachSport March 27, 20:34
UN denies rumors of Staffan de Mistura’s resignationWorld March 27, 20:16
Prominent Russian lawyer vows to look into detention of journalists during Moscow ralliesRussian Politics & Diplomacy March 27, 20:05
Kremlin says world chess tournaments should go as planned despite FIDE’s presidential rowSport March 27, 19:32
Ukrainian politician says Kiev turns deaf ear to public pleas to end Donbass blockadeWorld March 27, 19:17
Serbia to get Russian MiG-29 fighter jets 'within weeks'Military & Defense March 27, 18:51
Putin wants Russian Guard to ensure security at FIFA World CupSport March 27, 18:35
MOSCOW, February 6. /TASS/. The Russian Ministry of Communications and Mass Media forecasts that up to 20% of jobs will be slashed in Russian media amid an economic crisis, the Izvestia daily writes on Friday citing ministry data.
The newspaper said up to 60,000 people could be sacked. The situation on the media market "is among the most alarming," the ministry says, mentioning a shrinking advertising market as the main reason. The rise in prices of equipment and components used in printing because of a weakening rouble, as well as cancellation of state subsidies for subscription have also hit printed media.
Earlier, Deputy Minister of Communications and Mass Media Alexei Volin said the state could help the industry only by giving it an opportunity to earn money through liberalization of the advertising market, mentioning the possibility of cancelling a full ban on cigarette and alcohol ads.
A wave of cuts on the media market began at the end of 2014.