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CNN exits Russian screens

November 11, 2014 05.47 Europe/London By Chris Dziadul

CNN NewsroomCNN is to stop broadcasting in Russia following the enactment of a new law limiting the level of foreign ownership in media companies to 20%.

However, reports Bloomberg, quoting an emailed statement, Time Warner’s Turner Broadcasting division hopes to eventually resume broadcasting and CNN’s Moscow bureau operations will remain unaffected.

In the statement, Turner says: We are bringing our existing distribution relationships to an end while we do that. We hope to re-enter the market in due course, and will notify our partners of any update about resuming these services.”

CNN will be withdrawn from services operated by Vimpelcom and the Moscow-based cable operator Akado by the end of December.

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Filed Under: Central & East Europe, Editor's Choice, Newsline, TV Tagged With: CNN, Russia, Time Warner Edited: 14 November 2014 07:23

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