Site map    |       Subscription    |     Russian

Archive

<< < December 2014 > >>
Mo Tu We Th Fr Sa Su
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
23 24 25 26 27 28
29 30 31        

22 December 2014

CTC Media requests for a suspension of the law on foreign capital in the media

Holding appealed to the Ministry of Communications and the Ministry of Economic Development with a request for an annual suspension of the new law, which limits the percentage of shares of foreigners in the Russian media.

CTC Media holding’s management (CTC TV, "Domashnij", "Perec", CTC Love) has asked the Ministry of Communications and the Ministry of Economic Development to help with a suspension of entry into force of the law on the limitation of foreign capital in the Russian media. In letters to the heads of ministries Nikolai Nikiforov and Alexei Ulyukayev it is requested to consider the possibility to add the amendments to the law to the State Duma that would make an exception for public companies, whose shares are traded on foreign stock exchanges. Desired delay for CTC is 1 year, until January 1, 2017. This was reported to "Izvestia" in CTC Media, a fact of handling confirmed in the ministries.

Read more