The ex-president of Ukraine, leader of the European Solidarity party, Petro Poroshenko, sold his Channel 5 and Pryamaya TV channels after the adoption of the law on oligarchs.
“Realizing the danger this law poses for the further financing and activities of independent media and opposition democratic forces, last Friday we created a new media holding, Free Media. The owners of the holding are media people, journalists, public figures and deputies who were journalists … Media holding “Free Media” acquired 100% of corporate rights in the TV channels “Channel 5” and “Pryamy”, – said in a statement on the website of “Channel 5” …
According to the TV channel, the purchase was made “at the market price”. Part of the holding’s shares will be transferred to the collective.
“The documents of the agreement directly provide for the prohibition of Petro Poroshenko in any way to influence the editorial policy of the channels or otherwise exercise control over Free Media,” the agreement says.
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Source: Русская весна by rusvesna.su.
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