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Forbes Russia

Company

Media, TV and broadcasting
Russia
Central Federal District of the Russian Federation
Moscow
123242, Per. Kapranova, 3, 6th floor Business center "Premier-Plaza"


Owners

Performance Indicators

The audience of Forbes.ru according to TNS in June, 2015 reached 3.3 million people of 12−63 years (June of 2014 — 3 million, 2013 — 3.9 million, 2012 — 1.4 million). A median number of visits at Forbes according to Similarweb — 6.4 million a month.

History

2018

Magomed Musayev redeems the company from ACMG

In August, 2018 the businessman Magomed Musayev became the new owner of the Russian Forbes instead of ACMG media group of Alexander Fedotov. Officially transaction amount did not appear, but in Telegram channels appeared digit of $7 million and debt repayment in the amount of 90 million rubles.

«
"I with bitterness endured the last crisis period in development of the magazine connected with loss of mutual understanding between edition and the owner not only as the detached onlooker, but also with constantly growing understanding of problems for the global Forbes brand which are born by this situation. At some point to one it became clear not to me that the situation reached a deadlock that the way out of crisis would be to save unity of the Forbes brand and strong journalistic collective. The owner without conflict of interest who will be able to guarantee independent editorial policy was necessary for the project. The American Forbes Media saw me such person, and crisis of the last months in the magazine accelerated my reflections. I am sincerely grateful to Alexander Fedotov for the fact that during the transaction he managed to deliver the interests of the magazine above personal ambitions, and to the president of Forbes Media Peter Khanga and CEO Forbes Media to Michael Federli — for the operational decision on prolongation of the Russian license till 2023 that made economic sense of this investment for me acceptable. The term of the former license expired at the end of 2019. So we achieved the key goal — saved the Forbes brand and collective together".
»

Natalya Gandurina becomes the publisher of the magazine again, the acting as the Chief Editor reappoints Nikolay Mazurin, the editorial director - Nikolay Uskov who is earlier dismissed from a post of the Chief Editor by Fedotov.

«
"I am glad to join a command of the Russian Forbes again. Change of the owner, certainly, is a positive step for further development of the edition. Its independence and impartiality will be recovered. All obligations of the edition, including debt repayment to journalists and partners, will be in full executed in the coming month" — the new publisher of the Russian Forbes Natalya Gandurina[1] told Sostav[1].
»

Besides, the new owner of the Russian Forbes Magomed Musayev invited the former Chief Editors of the edition Maxim Kashulinsky, Elizabeth Osetinskaya and Elmar Murtazayev in the structure of Board of Directors which will provide "independence of editorial policy".

Magomed Musayev in a column for RBC:

«
"I as the entrepreneur, of course, do not trust in an investment payback through profitability from the paper version of the magazine. Even very good magazine will economically balance around zero, and it is only sign of time. But I as the entrepreneur believe in development of the multimedia Forbes platform. I believe in congress and exhibition business, I trust in new Forbes Club as club of investors, I believe in development of the digital-direction, I trust in analytics and consulting under the Forbes brand, I trust in the products connected with educational transformation, both online and offline. As these opportunities to balance, strategy will answer".
»

Delays in salary payment to journalists and claims of creditors to the company

At the beginning of August, 2018 journalists of edition Forbes appealed to the prosecutor's office with the complaint because of nonpayment of the salary. Before it at the end of July three enforcement proceedings against Forbes company publisher for the amount more than 93.3 million rubles (10.7 million, 48.8 million and 33.7 million) are instituted. According to "SPARK of Interfax", it is taxes and fees and also a penalty fee on them. Besides, upon the demand of the Federal Tax Service (FTS) during the period account transactions on 28 bank accounts of ACMG were suspended from June 28 to July 31.

Dismissal of the editor-in-chief Uskov and his conflict with the publisher Fedotov

Nikolay Uskov was dismissed the Chief Editor of the Russian Forbes in June, 2018. In July he took legal action for the appeal of dismissal and expressed the intentions to try to obtain recognition illegal authority punishments and payments, including compensation of moral harm. In reply the publisher of the Russian Forbes and the owner of the ACMG group Alexander Fedotov took to court two claims against Uskov for honor and dignity protection and also about disclosure of a trade secret. Natalya Gandurina also disputed in court termination of the employment contract with Forbes company publisher.

2016: Uskov releases Murtazayev from the editor-in-chief duty

In January, 2016 it became known that Nikolay Uskov who was earlier directing the Snob project released Elmar Murtazayev from a duty of the Chief Editor of Forbes. It was reported that Murtazayev will leave the edition at own will. Uskov should develop the Forbes magazine, the applications Forbes Woman, Forbes Life, the website forbes.ru and the closed Forbes club.

Along with it in the EXPERT of Media publishing house issuing Forbes in Russia the position of the managing director of the joint editorial office of the Forbes magazine and the website forbes.ru will appear. It will be occupied by Nikolay Mazurin who still was the first deputy of the editor-in-chief of the magazine. In February, 2006 Mazurin became the deputy editor-in-chief of Forbes, in January, 2014 — the first deputy. To Forbes it worked as the editor of department Finance in the Vremya Novostey and Vedomosti newspapers.

2015: Artcom Media buys ID of Axel Springer Russia

In September, 2015 the Artcom Media publishing house under control of the businessman Alexander Fedotov purchased ID of Axel Springer Russia — the owner of Forbes Russia. The transaction was made because of the Aliens Act in media under which non-resident shareholders cannot have more than 20% in the Russian editions. Later the company was renamed into "AS Rus Media".

2014: Murtazayev is appointed the Chief Editor

At the beginning of 2014 Murtazayev Elmar Dzhevdetovich is appointed the Chief Editor of Forbes Russia. From 2011 to 2013 held a position of the deputy editor-in-chief.