The distribution of Travel Channel, Food Network and Fine Living in Russia will come under the control of Media Alliance, an 80/20 joint venture between National Media Group (NMG) and Discovery.
Turner Russian sale concluded
The acquisition of Turner’s broadcasting assets in Russia by Media Alliance, a joint venture between the National Media Group (NMG) and Discovery Communications, has been finalised.
New owner for Turner channels in Russia
Media Alliance, a joint venture between the National Media Group (NMG) and Discovery, is set to buy Turner’s assets in Russia.
Discovery commits to Russia
Discovery Communications has signaled its intention of remaining in Russia by entering into a joint venture with the National Media Group (NMG).