The Russian State Duma on Friday adopted a controversial bill on foreign ownership in Russian media in the second and final third reading. The bill reduces foreign participation in the authorized capitals of Russian media outlets to 20%. It also bans foreigners from acting as co-founders of media outlets in Russia.
There is only one exception from the new rule: restrictions on foreign ownership in Russian media should not be imposed if otherwise is stated in Russia’s international treaties. The inter-state radio and television company Mir and the television and radio company of the Union State of Russia and Belarus fall exactly under this exception.
The new rules will take effect as of January 1, 2016. Media owners have time before February 1, 2017 to bring the entire corporate chain in line with the new law. New documents on the owners and founders are to be handed over to the Federal Service for Supervision of Communications or Roskomnadzor not later than February 15, 2017.
Roskomnadzor will be obliged to ask court to suspend a media outlet’s operation if it happens to violate the newly set rules.
GMT 01:15 2018 Wednesday ,24 January
Bollywood actor gets engaged to long-time girlfriendGMT 08:31 2018 Monday ,22 January
Candypants appoints JPR Media GroupGMT 23:09 2018 Saturday ,20 January
Famed photographer Mario Testino accusedGMT 22:22 2018 Thursday ,18 January
Lebanon bans Spielberg film and adventurer biopicGMT 19:44 2018 Thursday ,18 January
Michael Douglas, James Franco denyGMT 19:39 2018 Thursday ,18 January
Hollywood gets party season startedGMT 11:08 2018 Thursday ,18 January
Facebook agrees to widen probe of Brexit vote fake newsGMT 15:30 2018 Monday ,15 January
George Clooney to make TV return for 'Catch-22' miniseriesMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor