MOSCOW FAST-TRACKS LAW LIMITING FOREIGN MEDIA OWNERSHIP TO 20% (STA BREAKING NEWS and ARCHIVES)

by STANews , Saturday, September 27, 2014, 10:19

The Russian Duma has passed the final reading of a law forbidding holders of foreign passports from controlling or owning more than 20 percent of any media outlet. The law, proposed just ten days ago, will extensively affect Russia’s publishing sector.

“The freedom of the press is guaranteed by our Constitution, and won’t be affected,” said Mikhail Margelov, one of the 430 deputies who voted to support the law, with only two voting against.

"The law is designed to protect our national interests, to safeguard the sovereignty of our media, and our country.”

“The information war against Russia has its own laws, and has forced our hand,” said Vadim Dengin, one of the authors of the new legislation, which was proposed by the three minority parties in the Russian parliament.

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http://rt.com/politics/191004-foreign-media-ownership-russia/