Russia media tycoons expand _ with Kremlin's help

Associated Press
Russia media tycoons expand _ with Kremlin's help

Aram Gabrelyanov, Lifenews owner, smiles during the interview to The Associated Press in the company headquarters in Moscow on Monday, Oct. 14, 2013. Now the Gabrelyanovs’ company, News Media Holding, earns $1.5 billion per year. In addition to Life, they own Izvestia, once the official newspaper of the Soviet government, as well as two tabloids and three websites. The younger son and inheritor of the empire, 24-year-old Ashot, runs Lifenews.ru as well as a new TV station. There is no substantive division between the holding’s publications, which freely feed one another information and scoops, which are then retailored for each audience. The elder son, 26-year-old Artem, directs their comic book line, with a host of Russified superheroes that includes an Orthodox priest. (AP Photo/Ivan Sekretarev)

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