News Outdoor Group manages activity of News Corporation in the field of outdoor advertizing. In a company asset more than 50,000 advertizing surfaces in 13 countries of Eastern and Central Europe and also Southeast Asia.
Business in Russia
The Russian division of News Outdoor Group till 2011 was the largest operator of outdoor advertizing in the country. In July, 2011 Rupert Murdoch's corporation News Corp. sold 79% of the shares News Outdoor to VTB bank, Alfa Group company and the businessman Peter Gervi. By different estimates it brought News Corp. from 244 to 256 million dollars. In June, 2012 this enterprise was renamed into Russ Outdoor.
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