Tuesday, January 13, 2009

Car Magazines and Empire will go back to Russia.

Publishing House P-media buys license for production in Russia and magazines Car Empire, Kommersant daily on Tuesday, 13 January.
Russian versions of magazines Car and Empire were closed publishing house Polina Deripaska Forward Media Group (FMG) at the end of last year. As it became known Kommersant, these brands are interested in trading network owner "Mood" Oleg Chamina, and his publishing house owned by C-Media buys a British media Bauer Media license for both the magazine.
According to the publication, the transaction between C-Media and Bauer Media is at the stage of signing the contract. The amount of royalties that if the agreement C-Media will pay Bauer Media, is not disclosed. According to the Kommersant, before the crisis, the amount of royalties to foreign owners of licenses have traditionally been estimated at 100-200 thousand dollars a year.
ID FMG has received a license for the magazines and the Empire Car in 2007. Circulation: Journal of Empire cinema was more than 60 thousand copies. According to the TNS group issledovatelckoy for May-October 2008, the average audience of one issue of Car was 28 thousand people.

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