For example, both ntv and ekho moskvy formerly parts of gusinskys media most group were owned by gazprommedia, but, as far as the political coverage was concerned, their editorial lines differed quite substantially. Pjsc gazprom ifrs consolidated interim condensed financial information unaudited 30 june 2019. Mar 18, 2020 the organizational chart of gazprom media displays its 37 main executives including alexander zharov, nikolay kartozia and natalia dmitrieva. Pdf concentrated ownership of media by industrial oligarchs dependent on political favor is a significant obstacle to securing. Concentration of media ownership linkedin slideshare. This chapter examines media ownership and concentration in russia. The change of ownership did not necessarily entail an immediate change in the editorial line.
The purpose of this research is to provide an assessment of the effectiveness of media outlets that have been purchased by gazprom specifically during kremlin control of the company. Russian media under state control european parliament europa. Media concentration and ownership in global comparison. The company owns and operates a wideranging portfolio of renowned news and entertainment television brands, radio and print press assets, online resources, as well as film production and advertising companies. Mf731p0204 of may 20, 1993, at a nominal value of rub 0. Throughout the soviet era and into the presentday, media has played an important role in russian foreign policy. In june 2005, gazprombank, gazpromivest holding, gazfond and gazprom finance b. Therefore, the states participation in gazprom pjsc is identified at three levels in the ownership chain. Vladimir putin is likely to exercise manual control of russias messaging. It was founded in 2000 as a subsidiary of gazprom, a large russian company founded in 1989, which carries on the business of extraction, production, transport, and sale of natural gas in 2000, it acquired ntv, the only nationwide stateindependent television in russia of the time, as well as other. Gazprom, russias national gas monopoly and by far its largest company, said today that it had completed a long. Owner, gazprombank parent gazprom ojsc subsidiaries ntv, ntv plus, echo of moscow, tribuna, gpmradio. Gazprom name is a portmanteau of the russian words gazovaya promyshlennost russian. How russia has reestablished state control of the media.
Jul 15, 2019 gazprom s of crude oil reserves in russia by region 20142018 gazprom worldwide key figures 20072008 facebook. The political and commercial dynamics of russias gas export. The russian government controls over 50 per cent of the companys shares. Gazproms goal is to work the entire value chain, create new sales channels for russian natural gas, and strengthen its position as an internationally operating, worldleading energy company. May 21, 2020 valery guryanov put in charge of gazprom dobycha shelf yuzhnosakhalinsk may 14, 2020 project for natural gas processing and liquefaction complex near ustluga moving forward all. Dunn, ja 2014 lottizzazione russian style enlighten. The media market and media ownership in postcommunist ukraine article pdf available in problems of postcommunism 586. Gazprom oil concerns role as a media giant joshua cunningham. At the end of the year, gazprom media reached an agreement to acquire profmedia, one of the largest private media holdings in russia. Dec 06, 20 the ownership structure of the russian media market shows that the national media outlets with the highest audience reach are controlled by the state, primarilytelevision. It was founded in 2000 as a subsidiary of gazprom, a large russian company founded in 1989, which carries on the business of extraction, production, transport, and sale of natural gas. Russia s nongovernmental media nder assault m lipman. Prokremlin businessmen building new media empires cef20070503317001.
Mar 12, 2003 an attempt to simplify ownership at gazprom. Gazprom s production fields are located around the gulf of ob in western siberia. Gazprom neft is a vertically integrated oil company engaged primarily in oil and gas exploration, production, and refining, as. As of 30 september 2016, this segment reported total consolidated assets of rub141. The russian gas and oil company generated some 118. Gazprom will reduce its holding to 50% and engie will take 10% of the nord stream 2 ag company, compared to their previous stakes of 51% and 9% respectively. Furthermore, under article of this act, a transfer of concession to a third party is an o.
Gazprom media holding comprises television, radio, printing press, cinema production, advertising, movie theaters and internet assets. Two years later, gazprom was at it again, reclaiming the most profitable title in 2012 after a years lapse and nearly doubling its profit. Since launching its broadcasts in 1993, ntv has popularized new television genres, such as historical documentaries, journalistic investigations, and dramatic series. In response to iteras publication of its ownership structure, one media. Its leading journalists have moved on and its programming has been reoriented towards. Nov 26, 20 gazprom expands russian media empire 2 min read the company logo of russian natural gas producer gazprom is seen on an advertisement installed on the roof of a building in st. Russias gazprom media, the media division of the natural gas giant gazprom, is. Gazprommedia gazprommedia holding is a leading media company in the production, distribution and promotion of entertainment and information content across all media platforms. In 2009 the holding posted total revenues of 33 485 bles. The political and commercial dynamics of russias gas export strategy ii preface russia has long been regarded as the worlds preeminent gas producer, both by virtue of its reserves base and the central role played by gazprom, its stateowned gas champion in the matrix of. Medijsko lastnistvo vpliv lastnistva na neodvisnost in pluralizem medijev v sloveniji in drugih postsocialistienih evropskih dr.
In recent years, particularly since the ukraine conflict. An attempt to simplify ownership at gazprom the new york times. Jul 15, 2019 this statistic shows gazprom s company key figures for 2018. Gazprom media holding is one of the largest media holdings in russia and europe. In 2002, the gazprom subsidiary gazprom media acquired all of gusinskys shares in companies held by mediamost. Gazprom media gazprom media holding is a leading media company in the production, distribution and promotion of entertainment and information content across all media platforms. Gazprommedia wins five big digit awards 29 january. By continuing your navigation, you consent to their use. After almost years of market economy and completed privatisation process, many media companies are still directly or indirectly owned by the state. How kremlin controls major russia media kremlin watch. Media oligarchs go shopping reporters sans frontieres.
Gazprom is vertically integrated and is active in every area of the gas industry, including exploration and production, refining, transport, distribution and. Adopted in 1991, it did not provide for any restrictions as to foreign ownership or control in russian media business. Gazproms of crude oil reserves in russia by region 20142018 gazprom worldwide key figures 20072008 facebook. Gazprom was created in 1989 when the soviet ministry of gas industry was converted to a corporation, retaining its russiabased assets. The company owns and operates a wideranging portfolio of renowned news and entertainment television brands, radio and print press assets, online resources, as well as. Gazprom s of crude oil reserves in russia by region 20142018 gazprom worldwide key figures 20072008 facebook. Media ownership media ownership impact on media independence and pluralism in slovenia and other postsocialist european countries sandra b. However, during the last 18 years the russian media legislation has been undergoing signifi. Noting the percentage of gdp that gazprom contributes to the russian economy, it is within russian interest to control information regarding the economy and thereby elicit economic growth in russia. Aug 19, 2004 ruhrgas, the german natural gas giant, for instance, owns roughly 6 percent of gazprom, 1. This segment comprises jsc gazprom media holding and its subsidiaries, the principal activities of which are tv and radio broadcasting, advertising, publishing, film production and distribution services. In august 2005, it purchased gazprom media, the largest russian media holding, which includes the ntv channel and izvestia newspaper, from the banks parent company gazprom.
Additionally, the authorities continued to consolidate control over media ownership. Oct 03, 2017 gazprom is a russian based global energy company whose integrated operations include exploration, production, transportation, storage, processing and sale of gas and oil. The bank was nominated in 2014 for the annual emerging market bond awards, hosted by euroweek. Gazprom media, the governments main tool for getting control of news and. Following an overview of the russian media landscape, the remainder of the chapter focuses on print media newspapers, book publishing, audiovisual media radio, broadcast television, multichannel tv platforms, video channels, film, telecommunications media wireline and wireless telecom, and internet media internet service.
Media ownership and its impact on media independence and. Gazprom neft is expanding its production and sale of marpolcompliant environmentallyfriendly marine fuels the companys omsk refinery having been producing a new 0. Pdf the media market and media ownership in postcommunist. Media ownership and concentration in russia oxford. The worldwide trend is towards increasingly concentrated media ownership. Gazprom is involved in the russian governments diplomatic efforts, setting of gas prices, and access to pipelines.
Television in russia is the leading source of information. Lukoil may fight for its continued ascendancy or accept a place in the shade. The leading ones are itartass stateowned, rianovosti state. We cant operate without accurate and timely billing, says peter. Subsequently, all of gazproms 23,673,512,900 ordinary nominal uncertified shares of the first issue state registration no. Its a scale that makes accurate billing and clear communication an absolute priority. On, wintershall, omv and shell remain unchanged, each at 10%. Nord stream 2 gazprom and engie modify nord stream 2. U mapping russian media network medias role in russian. The total number of bank accounts holding 23,673,512,900 shares of gazprom exceeds 470,000.
Mapping russian media network medias role in russian. Gazprom s shares are among the most liquid instruments in the russian stock market. Russia is gazprom, gazprom is russia and what that means. Gazprom is the largest joint stock company in russia. Under no circumstances does any information posted on represent a recommendation to purchase or sell a stock. Currently gazprom energy supplies over 1,000 mcdonalds sites on a sevenyear contract. The common factor between the russian media and companies such as gazprom is an attitude of state intervention in the public domain. In august 2005, gazprom sold the group to gazprombank, which is a wholly owned subsidiary of gazprom. Market and political factors and the russian media reuters. Foreign ownership restrictions in mass media the russian mass media law is the main law regulating the russian media industry. Dec, 2012 concentration of media ownership also known as mediaconsolidation or media convergence is a process wherebyprogressively fewer individuals or organizations c slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Mass media in russia have changed significantly since the days of president yeltsin.
A detailed map of president putin and his media inner. The largest media companies are concentrated directly or indirectly in the hands of governmentcontrolled structures vgtrk, gazprommedia or private. Media ownership and concentration in russia oxford scholarship. Gazprom, always a giant natural gas player, has barged into the oil business since buying sibneft, an oil major formerly controlled by russian billionaire roman abrramovich in 2005. Already the largest media holding in russia, gazprom media is controlled by gazprom a state. Dec 15, 2016 entitled kit, the new entity is set to produce 300 hours of highbudget tv series and three features in 2017. You can complete this form electronically or print the form and complete it by hand. Vacation date date previous tenant vacated property. Russias gazprom media launches new film studio hollywood.