Russian Government Units Urged to Sell Media Assets

13 June 2006

MOSCOW - Mikhail Seslavinsky, head of Russia's Federal Press and Mass Media Agency, last week urged that state-owned entities Gazprom and Russian Railways should sell their media assets.

He told Ekho Moskvy radio: "Probably, the media assets should not remain with these organizations in the nearest foreseeable future. In the course of five to six years, probably, they should part with them."

Energy giant Gazprom owns NTV television, TNT cable network and satellite network NTV-Plus; Izvestia and Tribuna newspapers; Itogi magazine; and Ekho Moskvy and several other radio stations.

The rail monopoly owns national newspaper Gudok and more than a dozen smaller industry publications.