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Round-the-Clock Russian Business TV News Coverage to Debut

Russia's first 24-hour cable channel dedicated to business news will go live after the May holidays, Ros Business Consulting (RBC) said this week after securing $15 million to launch the project.

Through RBC TV, the company hopes to parlay its news agency's success into a Russian version of popular financial news networks CNBC and Bloomberg.

The channel will fill the gap in business coverage left by Russia's main television networks, RBC general director Yury Rovensky said. Rovensky estimated that the first year of operations will cost $30 million to $40 million. - (EMEconomy.com)

C 2003 All rights reserved. EMEconomy
Provided by ProQuest Information and Learning Company. All rights Reserved.



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