Acquisitions

A-pressen pulls out of 'Kreml-newspaper'

Kristine Lowe

24 Jul 2007 — 1 min read

Last month Norwegian media group A-pressen was heavily criticised for indirectly supporting Putin via its involvement in Russia. Now it seems A-pressen - a group owned by the Labour Union, the partly state-owned Telenor and free speech charity Fritt Ord - will sell its 25 per cent stake in Russia's biggest-selling tabloid newspaper, Komsomolskaya Pravda, to, well, eh... a company it is rumoured will pass the shares on to a friend of Putin.

The Moscow Times reports that "analysts say the Kremlin is especially eager to bring major media outlets under its control ahead of presidential elections in 2008, when Putin is constitutionally required to step down after two terms in office."

Not that Komsomolskaya Pravda is renowned to take a critical stance against Putin under its current owners. Quite the contrary, which was why A-pressen got so much flack for its involvement with it in the first place.

More here from Kommersant, Undercurrent and NA24 (I am, by the way, currently working in-house for the latter, or its media section rather, hence the lack of daytime blogging here).

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