Discovery Communications has signaled its intention of remaining in Russia by entering into a joint venture with the National Media Group (NMG).
Russian broadcasters team up
Three of Russia’s leading broadcasters have joined forces to form a new TV and film production company.
RTL Group exits National Media Group
RTL Group has exercised its put option to sell its 7.5% shareholding in Russia’s National Media Group.
Major Russian players team up
Russia’s CTC Media and National Media Group have announced the creation of a joint online video resource on the base of the Videomore portal, which was launched by CTC Media in December 2010.