About Civil.ge
Eng | Geo | Rus
Last updated: 12:53 - 31 Jul.'15
 
RSS
Mobile
Twitter
Facebook
TVs Submit Ownership Papers
Civil Georgia, Tbilisi / 17 Dec.'07 / 19:32

The Georgian National Communications Commission (GNCC) said on December 17 that three TV companies had submitted papers proving station ownership, as is required by the law on broadcasting.

Mze TV and Rustavi 2 TV, according to documents submitted, are owed by Georgian Industrial Group (GIG) and GeoMedia Group.

GIG, which owns a 45% share of both stations, is a giant company with diversified business interests ranging from coal mining and energy to travel. Foreign Minister Gela Bezhuashvili’s brother, lawmaker Davit Bezhuashvili, is a founding member of the group.

The remaining shares in both Rustavi 2 TV and Mze TV are owned by GeoMedia Group. The only information available on the company is that it is registered in the Marshal Islands.

Imedi TV, according to its papers, is wholly owned by I-Media, which has given power of attorney over 100% of its Imedi shares to News Corp. Europe. The Imedi papers also indicate that the television station’s board chairman is Badri Patarkatsishvili.  Patarkatsishvili also owns shares in RTVi, an international Russian-language television network.

Giorgi Arveladze, the GNCC head, said that the three stations had to submit only information on ownership. Greater detail was beyond the GNCC’s remit, he said.

Latest News
31 Jul.'15 12:53
President Vetoes Controversial Banking Supervision Bill
GD ruling coalition has enough votes in the Parliament to override the veto.
30 Jul.'15 16:23
Geostat: 2.6% GDP Growth in H1’15
Economy grew 2.1% y/y in the second quarter, after 3.2% y/y growth in the first quarter.
30 Jul.'15 11:52
Georgia Appoints New Ambassadors to Cuba, Mexico, Portugal
President Margvelashvili appointed new ambassadors on July 29.
29 Jul.'15 22:20
Iranian MPs Visit Georgia
Iranian MP said the delegation wants to look into Georgia’s reforms in ease of doing business.
29 Jul.'15 13:52
PM Slams Critics of Bill on Banking Supervision
“Artificial stir” over the bill was created by “irresponsible” critics to “scare off investors,” he said.
29 Jul.'15 12:48
Russian Diplomat: ‘NATO Expansion will Have Disastrous Consequences’
Georgia, Ukraine NATO integration is “fraught with the most serious” consequences for Europe, Grushko said.
28 Jul.'15 18:59
C.Bank Chief Slams Bill on Banking Supervision
Kadagidze said he would welcome expected presidential veto of the highly controversial bill.
27 Jul.'15 19:08
Georgia in U.S. Report on Human Trafficking
Despite “making significant efforts”, the government “does not fully comply with minimum standards.”
27 Jul.'15 14:47
MEPs from Foreign Affairs Committee Sum Up Georgia Visit
Georgia should be granted EU visa waiver “in 2016, once the relevant criteria are fulfilled,” MEPs said.
27 Jul.'15 02:59
Tbilisi Hosts European Youth Olympic Festival
Opening ceremony of the largest sporting event ever hosted by Georgia was held at Meskhi Stadium.

About Civil Georgia
Civil.Ge © 2001-2013, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
57