Announced
Financials
Sources
Tags
Pending
United States
Media Agencies
television network
Acquisition
Friendly
Private
Majority
Single Bidder
Synopsis
Mikayel Israyelyan, an entertainment industry entrepreneur and Muse Lifestyle Group CEO, agreed to acquire a majority stake in RTVI, a New York-based international Russian-language privately owned television network. Financial terms were not disclosed. “There are nearly 7m Russian-speaking people living in the United States today, who are interested in original high-quality content in their native language. I see further business expansion opportunities on the West Coast, in attracting a new generation of viewers seeking to preserve its ties with the Russian culture and agenda,” Mikayel Israyelyan, an entertainment industry entrepreneur and Muse Lifestyle Group CEO.
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