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YUTV

Company

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Russian television holding.

Owners:
Media-1
Elbrus Capital
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Owners

Channel "Yu" is federal TV channel about life of the modern young woman. Broadcasting covers all territory of Russia. Air of the channel - social realities, cult series, world film hits and topical news. The saved-up scope of the channel makes 90%, broadcasting - in 880 localities. Channel "Yu", along with "MUZ TV", Disney Channel and online ClipYou video service, is included into YuTV Holding.

Assets

For September, 2014 key assets of YuTV of Holding are two federal TV channels:

  • youth entertainment channel "Yu" (100%),
  • federal family Channel of Disney (51%) and
  • cable channel "Muz-TV".

YuTV to Holding also possesses online ClipYou video service specializing in license musical videos.

History

2017: Alisher Usmanov sells the share in YuTV holding to Ivan Tavrin

The entrepreneur Alisher Usmanov intends to sell the share in the YuTV television holding which manages TV channels "Yu", "Muz TV" and Disney and also controls 75% of CTC Media holding, to the partner Ivan Tavrin, RBC reports in December, 2017.

According to RBC, Tavrin redeems 58.29% of Usmanov in Novy Media Holding company and thus consolidates 100% of shares of the company. In November, 2017 YuTV Gruppa LLC whose only founder was Tavrin was registered. At the beginning of December the petition from "YuTV of Group" to which the signature stamp "for office use" was appropriated came to Federal Antimonopoly Service.

2016

YuTV in November, 2016 changed structure of property in connection with introduction of the law on restriction of the foreign capital for media. Head structure of holding is the Russian company JSC Kredo whereas earlier the Cyprian UTH Russia directed holding. The owner of JSC Kredo, in turn, is Novy media holding LLC, under control of Alisher Usmanov and Ivan Tavrin.

2015: "The Kremlin of media" is ready to be redeemed Muz TV

On August 10, 2015 it became known that to YuTV teleholding the offer from "The Kremlin of media" arrived to sell the cable channel "Muz-TV" belonging to it for $20 million, Vedomosti with reference to unnamed sources reports.

According to the newspaper, the holding is ready to purchase TV channel together with debts of "MUZ TV" who owed 500 million rubles for presence at the second multiplex and about 1 billion rubles to cable operators.

Kreml media LLC is the production company founded in 2013 by Sergey Bunin now heading Federal State Unitary Enterprise Goskontsert and Ekaterina Bunina, the current CEO of this Ltd company.

Purchase of Muz TV was discussed with Vladimir Kiselyov – the producer of VIA "People of Earth" and the founder of Federation fund, spoke to Vedomosti of people, close to YuTV. Holding expected from it official proposal about purchase of Muz TV. The TV channel had to enter into so-called patriotic media holding which is created now by Kiselyov.

In October, 2014 Kiselyov and the chairman of the board of directors of Russian Media Group (RMG) Olga Plaksina suggested the president Vladimir Putin to create patriotic media holding. This project should provide a creative and musical resource for the ideological tasks facing the country leaders in work with electorate it was told in the letter. Authors of the letter consider that Russia needs own actors – "ideologically correctly configured idols of millions".

2009: Creation of "YuTV of Holding"

YuTV Holding was created by merge of television company assets of Media One Holdings Limited and Art Finance & Media Limited in August, 2009.

See Also