On 14 October 2014 President Vladimir Putin signed into law amendments to the Statute on the Mass Media that drastically limit foreign ownership in the media. The new Statute enters into force on 1 January 2016.
The amendments revise Article 19-1 of the Statute on the Mass Media, itself introduced in 2001 (see IRIS 2001-9/25), and further tightens the policy introduced by a 2008 statute to curb foreign investment in companies of strategic importance to the security of the nation (see IRIS 2008-8/32).
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