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Russia: ORT to start broadcasting to USA, Europe
Interfax
Moscow, 28 June: The Russian Public Television (ORT) can repay debt on a 100m-dollar loan from Vnesheconombank within the next five years without harming the TV channel's development.
ORT General Director Konstantin Ernst made this announcement in an interview with Interfax after speaking at a session of the Federation Council information policy committee on Friday [28 June].
The TV channel is solvent now, and it has paid 45m dollars on other debts over the past six months, Ernst said.
"We have completely repaid almost all of the rest of our debts to the television's technical centre, the VGTRK company and TV programme producers," he said.
Commenting on ORT's plans, Ernst noted that "as early as at the beginning of next month, ORT will start broadcasting to the US".
"We also broadcast in Europe, but we will start really covering Europe in autumn this year," he said.
Ernst spoke in favour of improving Russia's media laws so that they would present tougher regulations for the domestic market and thus protect Russian producers.
"Our legislation in media is among the most liberal for foreign partners and investors. Compared to the US, what we have here can be called not only a bulwark of freedom, but in fact a bit anarchistic," Ernst said.
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