Tycoon_s TV branches out to Europe.
Published:
24 November 1999 y., Wednesday
ORT International has started broadcasting this month, bringing Russian-language news, documentaries and dubbed Mexican soap operas to what the company believes is a growing audience of expatriates and Russophiles created by the collapse of the Soviet Union.
In the first phase of the channel_s launch, a Norwegian satellite will beam the service to Central and Eastern Europe. Phase two will extend it to Western Europe, with Israel and Australia joining the areas covered within three years. The process promises to give the world a taste of the gaudy and often highly politicized television that has replaced Soviet drabness in Russia during the past ten years.
If the channel can overcome its prodigious language barrier, it could also make Mr Berezovsky Russia_s first truly international media baron.
Mr Berezovsky, a mathematician who turned to selling cars during the perestroika era, has built a multibillion-dollar empire and weathered endless storms as a member of President Yeltsin_s inner circle. The size of his stake in ORT is not known, but he is thought to be a major shareholder who pays the salaries of several of the channel_s most visible anchors and commentators. Earlier this year, Yevgeny Primakov, the then prime minister, curbed Mr Berezovsky_s use of ORT.The new channel may signal a move to diversify beyond a Russia that Mr Berezovsky fears could turn hostile should the Yeltsin camp founder in the forthcoming elections.
Its audience appears limited, however: 1.25 million Russians and Russophiles in Europe currently watch ORT legally on cable or by "pirating" it from Russian satellites, the company estimates. If the international version can win over half of them, it will be deemed a success.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
EBRD to pay 4.6 billion roubles for 11.75 percent stake.
more »
On 24 November in London a letter of intent will be signed between Alytus Municipality and the Spanish aluminium company “Sopena group” regarding investments of the “Sopena group” in Alytus.
more »
Tourism opportunities in Dzūkija Region of Lithuania and other issues of incoming tourism promotion were the main topics of the meeting of the Mixed Intergovernmental Commission on Trade and Economic Cooperation between the People’s Republic of China and the Republic of Lithuania.
more »
On 22-23 November in Kiyv, foreign ministers of Lithuania, Ukraine and Belarus discuss trilateral cooperation and participation of Belarus and Ukraine in the Eastern Partnership of the European Union.
more »
The Kozloduy International Decommissioning Support Fund is supporting an innovative programme to boost energy savings and efficiency of public buildings in Bulgaria with a €5 million grant.
more »
Bank DnB NORD’s Economic Research Group predicts that out of the six Baltic Rim countries, moderate economic growth will be seen in Poland, Finland and, possibly Estonia in 2010, while Denmark, Lithuania and Latvia will need more time to climb out of recession.
more »
In a meeting in Brussels of the European Bank Coordination Initiative held on 19 November 2009, the parent banks of the six largest foreign banks active in Hungary reaffirmed their commitments made in May 2009 to support their subsidiaries.
more »
On 17 November 2009, the Board of AB Bank SNORAS decided to establish the bank’s representative office in London.
more »
The European Commission has approved, under EC Treaty state aid rules, two capital injections in favour of 'The Mortgage and Land Bank of Latvia' (LHZB).
more »
The government of G hana will tomorrow sign an historic agreement with the EU aimed at ensuring that only legally harvested timber from the West African country is exported to the EU market.
more »