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New Deal


Announced

Mikayel Israyelyan to acquire a majority stake in RTVI.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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Sources

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Pending

United States

Media Agencies

television network

Acquisition

Friendly

Private

Majority

Single Bidder

Synopsis

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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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