About Civil.ge
Eng | Geo | Rus
Last updated: 23:25 - 21 May.'13
 
RSS
Mobile
Twitter
Facebook
New Co-Owner in Maestro TV as a Result of Merger
Civil Georgia, Tbilisi / 24 Mar.'11 / 14:51

Maestro TV station announced on March 23 about merger with Tbilisi-based FM radio station Ucnobi, which will be rebranded under the name Maestro.

As a result Giorgi Gachechiladze, co-founder of Ucnobi radio station, became 50% shareholder of the Maestro TV, the latter’s general director, Ilia Kakabadze, said in a statement.

Giorgi Gachechiladze, a singer with a nickname Ucnobi (unknown), was one of the key figures behind opposition’s lengthy street protest rallies in 2009 through his reality show on Maestro TV.

He is brother of Levan Gachechiladze, one of the leaders of the opposition Georgian Party.

One of the co-founder of the Georgian Party, among Levan Gachechiladze and some other opposition figures, is Erosi Kitsmarishvili, Georgia’s former ambassador to Russia and former co-owner of Rustavi 2 television stations.

Kitsmarishvili is a founder of Rustavi Media Management Company, which manages Maestro TV under the three-year contract signed in November, 2009.

Before the recent deal on merger, Maestro TV was co-owned by ten of its founders each holding 10% of shares. The TV station’s general director, Ilia Kakabadze, told Georgian media-related news website Media.ge that each of the Maestro TV co-owner handed over part of their shares “proportionally”.

In the statement Kakabadze said that the initial tentative deal, which aimed “at strengthening of freedom of speech”, was first made between Maestro TV and Ucnobi radio station back in 2006.

“Maestro TV and radio stations will remain objective and unbiased media outlets,” the statement reads.

Latest News
21 May.'13 23:25
PM Vows Perpetrators of May 17 Violence will be Prosecuted
Being a member of the clergy cannot be an alibi for anyone,” Ivanishvili said.
21 May.'13 21:56
Four Persons Fined for Petty Hooliganism in May 17 Events
Three young men and a 16-year-old boy, arrested on Sunday, were released after being fined.
21 May.'13 19:33
After Ex-PM’s Arrest, Saakashvili Warns Govt Against Ukrainian Path
“Everyone should think about political consequences” of this arrest, he said.
21 May.'13 16:39
Ex-PM Merabishvili, Ex-Healthcare Minister Tchiaberashvili Arrested
UNM secretary general Merabishvili faces multiple charges.
21 May.'13 15:05
Usupashvili Denounces Patriarch's Statement Made on the Eve of Anti-Homophobia Rally
He suggested that the statement encouraged counter-demonstrators to act against the gay rights activists.
21 May.'13 11:45
Georgian Interior Minister Visits Azerbaijan
Garibashvili met Azerbaijani President Ilham Aliyev on May 21.
21 May.'13 11:35
U.S. Condemns May 17 Homophobic Violence in Tbilisi
“Such acts of intolerance have no place in democratic societies,” Department of State said.
21 May.'13 01:14
Four Men Arrested in Connection to May 17 Violence
Investigation continues into several cases treated under the criminal code, the Interior Ministry said.
20 May.'13 20:38
Usupashvili Signs Judicial Council Bill into Law
Parliament speaker signed the bill after legislative body overturned presidential veto.
20 May.'13 19:51
Gay Rights Group Warns of Rise in Homophobic Attacks
EU’s human rights advisor in Georgia says govt takes investigation of the May 17 violence “very seriously”.

About Civil Georgia
Civil.Ge © 2001-2008, Daily News Online
Registered office: 2 Dolidze Str, 4-th Floor.
128