CNN broadcasts to end in Russia before year's end

Image
IANS
Last Updated : Nov 11 2014 | 5:37 PM IST

Moscow, Nov 11 (IANS/EFE) US television network CNN will end its transmissions in Russia by the end of the year and it has notified its local cable distributor of the move, Russian media reported Tuesday.

A representative of Turner Broadcasting System Europe Limited, a division of Time Warner, the owner of CNN, told the Russian newspaper Vedomosti that the company was confident it would one day return to the market.

He said the decision to suspend the distribution of CNN was due to new Russian legislation regulating the activity of the media.

In 2009, Roskomnadzor, the Russian state telecoms regulator, began requiring foreign television channels distributed by Russian cable or satellite networks to acquire a local licence, which CNN has so far not obtained.

Roskomnadzor had nothing to do with the decision on CNN, said an agency spokesman quoted by a Russian news agency.

He added that the US channel can freely license transmission in Russia if it meets the requirements provided by law.

In 2010, Russia restricted to 50 percent the amount of foreign equity participation in radio and television companies, and then decreased the amount again this year to 20 percent.

--IANS/EFE

ab/dg

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 11 2014 | 5:32 PM IST

Next Story