Tuesday, September 23, 2014

The State Duma is considering an amendment to limit the foreign ownership of the media – RBC

The State Duma is considering an amendment to limit the foreign ownership of the media – RBC

The State Duma is working, our film crew. To communicate beyond correspondent Stanislav Feofanov.

In the State Duma today will consider amendments to the media law that would limit the share of foreign investors in the media. Take them all readings deputies can at an accelerated rate, until the end of this week, told RBC several sources.

authors of the amendments, members of the opposition factions, propose to ban foreigners from owning more than 20% share in any Russian media. The new rules, according to deputies, we need to protect the information space in terms of sanctions. First deputy chairman of the Duma Committee on Information Policy Leonid Levin sure: the new rules could be just a step towards deofshorizatsii. According to him, most of the beneficiaries of the media – Russian businessmen who own companies abroad, and nothing prevents them from re-register assets. Amendments to the law on mass media may affect the interests of TV channels CTC, Home, Pepper, Discovery , Eurosport and others, and as the largest publishing houses. Among them Burda and Bauer Media . If the current version of the law prohibits foreigners only direct ownership of media, the amendments will not be allowed and indirect ownership through a chain of Russian legal entities.

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