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
The European Commission has decided to grant an extension of the deadline for the divestment of Fortis' corporate banking business, consisting of Hollandsche Bank Unie N.V. (HBU), two corporate client departments, 13 "Advieskantoren" and ABN AMRO's Dutch factoring activities to Deutsche Bank.
more »
MEPs will vote on an emergency plan to help the crisis-stricken sector dairy sector on Thursday after the Agriculture Committee approved the Commission's proposal on Monday evening in Strasbourg.
more »
The EBRD is boosting competition in the Montenegrin retail sector with a loan to expand the supermarket network of one of the leading retailers in the country.
more »
Redmond, Wash. — Oct. 16, 2009— On Oct. 19, Microsoft CEO Steve Ballmer heads to the sold-out Microsoft sharepoint Conference in Las Vegas where he will address more than 7,000 sharepoint customers, partners and developers.
more »
Proposals tabled for collaboration on sea surveillance, bigger EU role in global maritime affairs and sustainable fishing.
more »
$50 million financing package for agricultural commodities operator.
more »
Seeking to increase sheet-metal production volumes, Stansefabrikken decided to move all company’s production from Lillesand (Norway) to Stansefabrikken’s successfully operating factories in Lithuania.
more »
The European Economic and Social Committee (EESC) and the European Commission Representation in Finland jointly organise a conference in Helsinki on 22 and 23 October on "The Baltic Sea Region: the best place to work and do business".
more »
Why did economy rise drastically turn into painful decline and what price will every of us have to pay for that?
more »
The economies of central and eastern Europe are expected to contract by an average of 6.3 per cent in 2009 following steep output declines in the first half of the year.
more »