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Metals Oligarch Buys Up Daily Newspaper

Published: September 5, 2006 (Issue # 1201)


MOSCOW Kommersants editor said Sunday that the sale of his newspaper to metals magnate Alisher Usmanov had been completed but the new owner had yet to send any representatives to the newspapers offices.

The sale nevertheless threatens to alter irrevocably the countrys media landscape by putting the countrys last independent-minded nationally-owned daily into the hands of a billionaire who is thought to be close to First Deputy Prime Minister Dmitry Medvedev and has a reputation of being a tough-talking negotiator.

It also highlights a broader Kremlin-backed strategy of national media buyouts by loyal businessmen and the state-owned Gazprom behemoth. After the takeovers, the coverage of the once independent-minded news organizations has become comparatively bland and toothless.

We thought that after they took over all national television channels, the authorities would leave newspapers which have a far more limited reach than television in peace. We were mistaken, said Oleg Panfilov, head of the Center for Journalism in Extreme Situations.

National newspapers that criticized the authorities including Izvestia, Nezavisimaya Gazeta, Gazeta and Moskovskiye Novosti have been snapped up by Gazprom or businessmen loyal to the Kremlin in recent years and adopted a more pro-Kremlin line in their editorial policy.

I am afraid the same fate awaits Kommersant, Panfilov said.

Some Kommersant journalists have expressed the same concern, but the newspapers editor, Vyacheslav Borodulin, suggested it was too early to tell.

Borodulin said Sunday that the acquisition of the Kommersant publishing house, which includes the daily business newspaper, had been completed, but several formalities might remain.

He also said that Usmanovs representatives had not visited the editorial offices so far, contradicting a Kommersant reporter who said Thursday that Usmanovs business team was visiting the offices.

Borodulin said no journalists had resigned or were expected to resign over the sale. As for the imminent departure of deputy editor Alexander Shadrin, Borodulin said that Shadrin first announced his intention to leave three months ago and that the decision was unrelated to Kommersants ownership.

While Borodulins remarks appeared to be an attempt to soothe fears about what might happen next at his newspaper, former Kommersant owner Boris Berezovsky seems to have changed his mind about the prudence of the sale to Usmanov.

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ALL ABOUT TOWN

Sunday, Nov. 23


Get in the holiday spirit at todays Winter Bazzar at the Astoria Hotel. Featuring gifts from around the world such as French eclairs, Dutch cheeses and Indian jewelry, the annual event organized by the International Womens Club will feature 18 international stands and raise money for charity through the sales of a diversity of products that further illustrate the citys international connections.



Monday, Nov. 24


Dr. Axel Schulte, Department Head at Fraunhofer Institute for Material Flow and Logistics in Dortmund, Germany, is the featured speaker at the SPIBA Industrial Committee lecture on The Fourth Industrial Revolution: Digitalization of the Supply Chain. The event begins at 4 p.m. at the Graduate School of Management at 3 Volkohvsky Pereulok and registration is required by Nov. 21 either by emailing office@spiba.ru or calling 325 9091.



Tuesday, Nov. 25


Tag along with AmCham during their Industrial St. Petersburg Tour program today. This incarnation of the ongoing series will visit Philip Morris Izhora and include an Environmental Health and Safety Committee meeting.


Find out how to expand your business east during the Business With China forum beginning today and concluding tomorrow at the Lenexpo convention center. The largest Russian forum dedicated to business with the Asian giant, topics that will be discussed include logistics, customs clearance, trade financing and many more.



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