Thursday, August 04, 2005

Russian media news: NG sold to Remchukov

Moscow Times reports:
Konstantin Remchukov, an assistant to Economic Development and Trade Minister German Gref, has agreed to buy the Nezavisimaya Gazeta newspaper from Boris Berezovsky, Interfax reported Tuesday.

Alexei Simonov, head of the Glasnost Defense Foundation, a media freedom watchdog, said the reported deal had left him speechless. "I don't know what to say," he said.


"I want to make the NG profitable through special projects: appendixes to the newspaper, such NG-Economy, NG-Abroad." the Russian newspaper Gazeta quoted him as saying.

Well, to me the question will be whether the NG keeps its subject profile as the most valuable source on the CIS affairs. Until recently, prior to the Orange Revolution in Ukraine, the NG was the only Russian media outlet that actually paid regular attention to the developments in Ukraine and other post-Soviet republics. I have no idea what all the talk about 'profitability' entails but I really hope it's not gonna mean a drastic change regarding the subject content.
We'll see...

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