Vladimir Putin

UTH Russia makes $200m CTC Media bid

Russian broadcast group UTH Russia has made a formal offer to buy 75% of CTC Media for US$200 million, ahead of changes to Russian law that will limit foreign ownership of media companies. If approved, the deal will see CTC will fall in line with new legislation that will require media companies in Russia to […]

Turner pulling CNN channel in Russia

CNN will cease broadcasting in Russia at the end of the year, citing “recent changes in Russian media legislation.” In a statement, the network’s parent company Turner International said is was “assessing its distribution options for CNN in Russia” in light of the new regulations, and added” “We are bringing our existing distribution relationships to […]