AMERICAN PUBLISHING HOUSE BUYS RUSSIAN INTERNET NEWSPAPER.
Published:
12 November 1999 y., Friday
American publishing house Media Press Corp., owners of several American Russian-language publications (including the weekly "Express"), and the Russian Internet newspaper Utro (www.utro.ru) have reached an agreement concerning the purchase of 75% shares in the newspaper. The remaining 25% are owned by RosBusinessConsulting. The value of the deal has not been disclosed. The newspaper is published seven days a week on-line, and each issue contains around 30 articles on current topics. On 9 November Utro introduced a new design and new columns to its readers.
"Utro has a much larger content of analytical information than other Russian Internet publications. The newspaper covers not only politics and economy, but also culture, society and sports. In the future, the newspaper will be updated throughout the day, and will thus move away from being a daily publication, to becoming a real-time source of news and information," said head of PR for RosBusinessConsulting Maxim Shapiro.
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