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Channel One (Russia)
Channel One (Russian: Первый канал, romanized: Pervý kanal, IPA: [ˈpʲervɨj kɐˈnal], lit. 'First Channel') is a Russian federal television channel. Its headquarters are located at Ostankino Technical Center near the Ostankino Tower in Moscow. The majority of its shares are owned or indirectly controlled by the state.
It was created by decree of Russian president Boris Yeltsin to replace Ostankino Television Channel One, which in turn replaced Programme One in 1991. From April 1995 to September 2002, the channel was known as Public Russian Television (Russian: Общественное Российское Телевидение, romanized: Obshchestvennoye Rossiyskoye Televideniye, ORT [oˈɛrˈtɛ]). The main news programmes are Vremya and Novosti.
Channel One's main competitors are the Russia-1, NTV, 5TV and TV Centre channels. The channel has 2,443 employees as of 2019.
When the Soviet Union was abolished, the Russian Federation took over most of its structures and institutions. One of the first acts of Boris Yeltsin's new government was to sign a presidential decree on 27 December 1991, providing for Russian jurisdiction over the central television system. The All-Union State Television and Radio Company (Gosteleradio) was transformed into the Russian State Television and Radio Company Ostankino, a shareholding company, with 51% of its shares remaining with the state.
Boris Abramovich Berezovsky, a Russian oligarch, gained control over ORT Television to replace the failing Programme One. He appointed the popular anchorman and producer Vladislav Listyev as the CEO of ORT. Three months later Listyev was assassinated amid a fierce struggle for control of advertising sales.
A presidential decree of 30 November 1994 transformed Ostankino into a closed joint-stock company, called Russian Public Television (Obshchestvennoe Rossiyskoye Televidenie, or ORT). The shares were distributed between state agencies (51%) and private shareholders, including numerous banks (49%). The partial privatization was inspired by the intolerable financial situation of Ostankino owing to huge transmission costs and a bloated payroll (total staff of about 10,000 in early 1995). In February 1995, the channel announced it would stop airing commercial advertising which was seen by network executives as a "source of great irritation and disappointment". It wasn't clear when would the law would be passed; its lifting depended on the introduction of new advertising rules. After the fallout from Listyev's death on 1 March, Alexander Yakovlev resigned from his post as chairman, as the channel was facing an uncertain future on the verge of becoming ORT.
Following the 1998 financial collapse, which almost resulted in them becoming insolvent, the channel obtained a government loan of $100 million from state-controlled Vnesheconombank. Also in 1998, the closed joint stock company was transformed into an open stock company. However, controlling votes on the board of directors remained in the hands of structures linked to then-Kremlin-connected businessman Boris Berezovsky. Thanks to this state of affairs, Berezovsky was able to preserve control over the channel's cash flows as well as over its editorial line until 2000.
From 1 April 1995 to late 2002, the channel was called ORT (ОРТ—Общественное Российское Телевидение, Obshchestvennoye Rossiyskoye Televideniye; Public Russian Television). It maintained the traditional programs and shows of the First Channel of the Soviet Television (RTO), such as Vremya, KVN, Chto? Gde? Kogda?, V mire zhivotnykh and Travelers' Club; the last two are no longer broadcast on this channel.
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Channel One (Russia)
Channel One (Russian: Первый канал, romanized: Pervý kanal, IPA: [ˈpʲervɨj kɐˈnal], lit. 'First Channel') is a Russian federal television channel. Its headquarters are located at Ostankino Technical Center near the Ostankino Tower in Moscow. The majority of its shares are owned or indirectly controlled by the state.
It was created by decree of Russian president Boris Yeltsin to replace Ostankino Television Channel One, which in turn replaced Programme One in 1991. From April 1995 to September 2002, the channel was known as Public Russian Television (Russian: Общественное Российское Телевидение, romanized: Obshchestvennoye Rossiyskoye Televideniye, ORT [oˈɛrˈtɛ]). The main news programmes are Vremya and Novosti.
Channel One's main competitors are the Russia-1, NTV, 5TV and TV Centre channels. The channel has 2,443 employees as of 2019.
When the Soviet Union was abolished, the Russian Federation took over most of its structures and institutions. One of the first acts of Boris Yeltsin's new government was to sign a presidential decree on 27 December 1991, providing for Russian jurisdiction over the central television system. The All-Union State Television and Radio Company (Gosteleradio) was transformed into the Russian State Television and Radio Company Ostankino, a shareholding company, with 51% of its shares remaining with the state.
Boris Abramovich Berezovsky, a Russian oligarch, gained control over ORT Television to replace the failing Programme One. He appointed the popular anchorman and producer Vladislav Listyev as the CEO of ORT. Three months later Listyev was assassinated amid a fierce struggle for control of advertising sales.
A presidential decree of 30 November 1994 transformed Ostankino into a closed joint-stock company, called Russian Public Television (Obshchestvennoe Rossiyskoye Televidenie, or ORT). The shares were distributed between state agencies (51%) and private shareholders, including numerous banks (49%). The partial privatization was inspired by the intolerable financial situation of Ostankino owing to huge transmission costs and a bloated payroll (total staff of about 10,000 in early 1995). In February 1995, the channel announced it would stop airing commercial advertising which was seen by network executives as a "source of great irritation and disappointment". It wasn't clear when would the law would be passed; its lifting depended on the introduction of new advertising rules. After the fallout from Listyev's death on 1 March, Alexander Yakovlev resigned from his post as chairman, as the channel was facing an uncertain future on the verge of becoming ORT.
Following the 1998 financial collapse, which almost resulted in them becoming insolvent, the channel obtained a government loan of $100 million from state-controlled Vnesheconombank. Also in 1998, the closed joint stock company was transformed into an open stock company. However, controlling votes on the board of directors remained in the hands of structures linked to then-Kremlin-connected businessman Boris Berezovsky. Thanks to this state of affairs, Berezovsky was able to preserve control over the channel's cash flows as well as over its editorial line until 2000.
From 1 April 1995 to late 2002, the channel was called ORT (ОРТ—Общественное Российское Телевидение, Obshchestvennoye Rossiyskoye Televideniye; Public Russian Television). It maintained the traditional programs and shows of the First Channel of the Soviet Television (RTO), such as Vremya, KVN, Chto? Gde? Kogda?, V mire zhivotnykh and Travelers' Club; the last two are no longer broadcast on this channel.