Business FM and BFM.ru United Media Acquired by Novolipetsk Steel Chairman Lisin
June 19th, 2009 | by rarzi |
Chairman as well as vital owners of Novolipetsk Steel (NLMK), the single of Russia’s largest steel producers, Vladimir Lisin concluded to take 100 percent seductiveness in commercial operation media association United Media for $23.5 million from Arkadi Gaydamak as well as managers of the company, reported commercial operation journal Kommersant.
Founded in 2007, United Media includes air wave stations Business FM as well as Kino FM, online portal BFM.ru as well as weekly journal Business & Financial Markets. United Media generated revenues of $12 million as well as net detriment of $1 million in 2008. Launched in Mar 2007, Business FM air wave hire has the every day assembly of 370 thousand in Moscow. Launched in Dec 2008, portal BFM.ru has 1 million monthly visitors.
Vladimir Lisin owns Moscow-based every day journal Gazeta as well as Lipetsk-based media organisation Rumedia.
In Jan 2009, Alexander Lebedev acquired 75% seductiveness in London’s every day journal Evening Standard for GBP 8.3 million from Daily Mail & General Trust (DMGT).
Source : http://feedproxy.google.com/~r/quintura/comblog/~3/FAjTZqHIfwI/