Russian oligarch buys Forbes: What happens next
It appears that a pro-Kremlin Russian oligarch, Magomed Musayev, has possibly acquired the global media company Forbes
The official owner of the company, American entrepreneur Austin Russell, is seemingly just a front, according to WP, though both parties deny this.
If this information is indeed accurate and U.S. authorities can't prevent this agreement, it could mean that the Kremlin gains more influence over American business elites as the U.S. elections approach.
A similar situation occurred in Ukraine back in 2013 during Viktor Yanukovych's presidency when gas oligarch Serhii Kurchenko, an associate of his, bought "Ukrainian Media Holding," including the Ukrainian edition of Forbes from businessman Boris Lozhkin. Did this purchase save the regime? Did it result in widespread censorship?
No, it didn't.
A significant number of the Ukrainian publication's staff resigned in protest, but these talented individuals didn't fade away. They went on to strengthen existing and establish new independent media outlets, ensuring the preservation of freedom of speech and access to information. Yanukovych's regime ultimately fell less than a year later.
Today, on a global scale, the situation appears to be repeating itself. Musayev seems to be attempting to assist Putin in a manner similar to how Kurchenko once supported Yanukovych. History shows us how that turned out.
About the author. Andriy Yanitskyi, Espreso's director of website development and digital platforms
The editors do not always share the opinions expressed by the blog authors.