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BusinessWeek: January 11, 1993 |
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In Business This Week
...MOSCOW TUNES IN TO TURNER Closer to the ground, other commercial frontiers also are opening in Russia. As of Jan. 1, ownership of Russia's first independent station, TV-6 in Moscow, passes to Atlanta's Turner Broadcasting System (TBS) and its partner, Moscow Independent Broadcasting. In November, they won the license for Moscow's last available VHF frequency. TV-6 will start out with five hours of evening programming, including TBS's Cable News Network International, cartoons, and movies from the TBS vaults. The plan is to expand to a 24-hour schedule that eventually will include originally produced Russian programs. And yes, comrade, the idea is to generate profits by selling advertising. | |
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