Tuesday, February 14, 2006

Russia/Growing Media profits

OpenDemocracy
: Russia through the looking-glass

"The trend toward economic independence of the media has accelerated dramatically under Putin. Before he came to office, just 10% of local television stations were financially self-sufficient; that has risen to more than a third. This has occurred alongside annual growth rates in newspaper, journal and book production that exceed 10%. There is more privately-financed media in Russia under Putin than there has ever been in Russian history, both in absolute numbers and as a percentage of the whole. Over the past two years, media profits have grown by more than $2 billion."

Wednesday, February 01, 2006

Poland/Magazines

Publicitas: Hachette Filipacchi Medias and Burda to merge their editorial operations

"Hachette Filipacchi Medias and Burda Group signed an agreement to merge their editorial operations in Poland. This merge will see the creation of a new holding, operating under Polish law, with a management of 51% Burda Group and 49% Hachette Filipacchi Medias. The holding will manage 100% of all the editorial functions of both Burda Polska and Hachette Filipacchi Polska."