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Stage:
Growth
Date of Investment:
2003
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RBMH owns four Russian FM radio stations located in Moscow ("Radio 7" and "Kuranty") and St. Petersburg ("Kanal Melodia" and Eldoradio"). In addition to their local presence in Moscow and St. Petersburg, respectively, Radio 7 and Kanal Melodia are broadcast in urban markets across Russia through a network of affiliates. In March 2006, RBMH completed the sale of its radio operations to Europa Media Group (EMG) headed by Georges Polinski, a subsidiary of Lagardère Active Radio International S.A (LARI) the international radio arm of Lagardère SCA.
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