Gazprom-Media (Russian: ОАО Газпром-Медиа) is the largest Russian media holding. Gazprom-Media was established in January 1998 as a subsidiary of the 1997 established Gazprom Media Holdings. On its founding in 1997, Gazprom Media Holdings was 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. The group owns more than 38 television channels and 10 radio stations. In 2000 with pressure from Mikhail Lesin, Gazprom-Media acquired NTV, the only nationwide state-independent television in Russia at the time, as well as other media assets of Vladimir Gusinsky's Media Most group including the satellite operator NTV-plus, TNT-Teleset, the radio station Echo of Moscow (Ekho Moskvy), and the Seven days (publishing house) (Семь дней) publishing house, which raised a major controversy and resulted in considerable changes in their editorial policy. More information...
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