Russia’s ORT faces test

Duma threatens restructuring of b'caster

MOSCOW — Only days after taking over as acting head of Russia’s Channel 1 ORT, Director General Igor Shabdurasulov faces a challenge from Russia’s parliament, the Duma, which is threatening to effectively renationalize the broadcaster.

Relations between the two parties have often been sticky, most recently during political bargaining over approval of Russia’s Prime Minister.

Duma representatives have demanded greater influence in governing bodies controlling the country’s main broadcaster in return for offering potential support to Victor Chernomydrin. Now, Communist deputy Oleg Finko, who heads the Duma’s Information Committee, is putting forward a bill, scheduled for debate in October, that would examine the legal basis of ORT’s 1994 privatization when 49% of the channel’s shares were transferred to leading local financial and industrial holdings.

If legal shortfalls can be found in the process, the Duma would insist on such stakes being returned to state control, allowing for possible compensation for shareholders.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety

Loading