Russia’s Gazprom-Media has become an unprofitable business, posting a net loss of R2 billion (€34.8 million) in 2014.
The Russian station TNT had revenues of R16.9 billion (€270.8 million) in 2014, making it one of the best performing broadcasters in the country in terms of growth.
Russia’s Gazprom-Media has brought together its entertainment channels into a single division.
Russia’s Rostelecom has hired Morgan Stanley to help it in its search for online video assets.
Dmitry Chernyshenko has been appointed the CEO of Gazprom Media Holding.
Gazprom Media is looking into the possibility of entering into a recently announced joint venture between RTR and Rostelecom to create non-terrestrial TV channels.
Russia’s Gazprom-Media is in talks to buy the production company Gudstorimedia.
Gazprom-Media has strengthened its position in the Russian TV market by acquiring the assets of ProfMedia for an undisclosed fee.
Questions have been raised about the future ownership of Russia’s Gazprom Media, whose interests include the TV station TNT and long-established DTH platform NTV-Plus.
Gazprom-Media has launched Russia’s first paid for video service over the internet. Operated in conjunction with the TV channel TNT, www.now.ru offers viewers a wide range of both film and TV content, some of which is from major Western companies.