Russia moves to limit foreign ownership of media outlets

The FT has reported that Russia appears poised for a clampdown on western involvement in its media, with new legislation limiting foreign media ownership gaining momentum in the Duma.
Russian lawmakers have overwhelmingly backed a bill that would restrict foreign ownership of the country’s media properties to 20 per cent. At present, foreign stakes in radio and television are capped at 50 per cent, but no such restrictions apply to print media.

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