Putin's favorite newspaper has come under the control of Kabayeva's holding company
The Russian publishing house “Komsomolskaya Pravda” has come under the control of the “National Media Group” (NMG). A controlling stake in the media holding was acquired by MIC “Izvestia,” which is part of the NMG structure.
“Vedomosti” noted that the deal is expected to strengthen NMG’s position in the news and entertainment content market, as well as increase the holding company’s presence in the advertising market.
Vladimir Tyulin, CEO of MIC “Izvestia,” called the merger with “Komsomolskaya Pravda” a logical step toward creating joint multi-format media projects.
Olesya Nosova, CEO of the publishing house, stated that the partnership with NMG should enable the newspaper’s projects to reach a new level.
Alina Kabaeva, whom the media refers to as Vladimir Putin’s mistress, has been Chair of the NMG Board of Directors since 2014.
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