Kommersant to Open FM Radio Station

Russia’s biggest business daily is to take to the air Monday when Kommersant FM radio starts broadcasting in the capital. The station will operate on the 93.6 frequency in an all-news format with a focus on business and financial information, spokeswoman Galina Boyanova said Friday. She said the station would benefit from synergy with the newspaper and referred all further questions to a news conference scheduled for Monday. The frequency was obtained by Kommersant’s publishing house in April 2007, but the ambitious plans to develop the business-orientated radio station stalled because of the economic crisis, national media reported. Kommersant, which has an official daily circulation of 101,739, was acquired by Kremlin-friendly businessman Alisher Usmanov in 2006 but has largely kept its critical stance vis-a-vis the government. Kommersant’s radio station faces a tough task to become profitable in the city’s overcrowded radio market, which is jammed with about 50 stations, analysts said.

http://www.themoscowtimes.com/business/article/kommersant-to-open-fm-radio-station/401578.html

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