The deputy of State Duma Zelimhan Mutsoev sells last two free radio frequencies in Moscow, bought them for 4-5 million dollars. As reported by “Kommersant”, ESN Group completed a deal to buy the frequency of 97.2 FM. The amount was 12 million U.S. and purchased ESN for the development of frequency in Moscow radioproekta “Komsomolskaya Pravda”, has already launched last year in the regions. For information on the completion of the transaction confirmed the Director of Public Relations Group UST Marianna Belousova. According to market participants, until the end of the month should be completed transaction to acquire another Moscow frequency 98.4 FM “European mediagruppoy”. According to a source close to the transaction, the purchase is made out to the French company owns EMG Europa Plus France, frequency and cost the company 14 million dollars. EMG CEO Alexander Polesitsky refused to comment.
According to market participants, in early 2007 Mutsoev acquired four winners from the frequency of their competitions in 2005-2006 Ltd. for a total of 8-10 million dollars. According to the Rossvyazohrankultury, 98.4 FM frequency belonged Ltd. “RTS Inform”, 97.2 FM – OOO “Kurs”, 94.0 FM and 95.2 FM – OOO “Elektron” and OOO “Piece Collection”, respectively. Source close to MP, affirmed that Mutsoev owns these four frequencies. Two radioaktiva – 94.0 and 95.2 FM – Deputy sold earlier this year co-owner of National Reserve Corporation Alexander Lebedev for 12 million and 20 million dollars dollars respectively. Lebedev purchase of two frequencies officially confirmed. Zelimhan Mutsoev and then, and now the deal for frequencies not commented.
“Two years ago we bought a radio station” Arsenal “in fact, as the frequency to launch a new project for the Business FM 4.5 million dollars – counts the creative director of the holding company “Combined media” Dmitry Solopov. — Given the growth market now frequencies should grow in price to 6-7 million dollars. Profitability radiobiznesa is 35-45% of the proceeds, often worth 6-7 million U.S. could recoup over 5 years “. Based on the assessment of transactions for the sale and purchase of four frequencies, Zelimhan Mutsoev earned their radioaktivah at least 48 million dollars.
ID “Komsomolskaya Pravda” belong to the newspaper “Komsomolskaya Pravda”, “Sovetsky Sport”, “Express newspaper”. The main shareholder – the group ESN. Revenues in 2007 amounted to 4 billion rubles.
In “European mediagruppu”, owned by French media Lagardere, the station consists of “Europa Plus”, “Keks FM”, “Radio 7″, “Retro FM” and “Eldorado”. Turnover was estimated at 65 million euro.
Mutsoev radioaktivy sold on time, playing on the resource deficit-free air in the capital. Frequencies belonging to him were the latest in Moscow’s free FM-band. According to the Rossvyazohrankultury, in the remaining 44 are being broadcast. However, given the slowing growth of the market value of advertising on radio stations as well as new frequencies, which can release under the Defense Ministry and the Ministry of Broadcast Communications and Mass Communications, can break loose. According to the expert council of the National Academy of Broadcasters, the market Moskvy radio in the first quarter of 2008 are not increased, stopping at last year’s mark – 1.44 billion rubles. In the first half of 2007 increased by 15%. “In the face of 55-60% – the first increase in the prices of television advertising time and reduce the company reduced radiobyudzhety, and some of the major advertisers in the market – cellular operators to reallocate budgets in favour of regional radio stations”, – explained гендиректор “Russian mediagruppy” Sergei Kozhevnikov.
As previously reported “URA.Ru”, Zelimhan Mutsoev not so long ago sold its biggest asset Sverdlovsk – 25 – percent stake Pervouralskogo Novotrubny plant. However, media have reported growing interest of this policy in Ukraine, where Mutsoev engaged in buying real estate. [source: URA]
Subscribe for FREE to receive our news by e-mail.