The much-publicised deal under which Gazprom-Media gained a controlling stake in Russia’s leading DTH platform Tricolor TV a year ago has not been concluded.
Russia’s Gazprom-Media, whose interests include NTV, TNT and the DTH platform NTV-Plus, posted a profit of R31.1 billion (€825.9 million) in 2009.
Gazprom Media has accused Russia’s leading ad sales house Video International (VI) of unfair competition.
Russia’s Gazprom-Media Holding has taken a controlling stake the National Satellite Company (NSC), which operates the DTH platform Tricolor TV. Given that it already owns NTV-Plus, the company will now oversee two satellite operations with a combined total of over 6 million subscribers.