Rostelecom and National Media Group (NMG) have entered into a new 50/50 joint pay-TV venture.
According to CNews and AKTR, it will produce and acquire content, jointly launch TV channels and distribute both its own and third party channels.
The first step will be the distribution of channels and at some stage the partnership will be expanded to include internet technologies, platforms and big data.
Both Rostelecom and NMG are already important players in Russia’s pay-TV industry.
Significantly, this is Rostelecom’s second pay-TV joint venture, with the telco having also work with the state broadcaster VGTRK since 2014.
Source: https://www.broadbandtvnews.com/2018/06/05/new-pay-tv-venture-for-russia/