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Putin's Favorite Newspaper Has Come Under The Control Of Kabayeva's Holding Company

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Putin's Favorite Newspaper Has Come Under The Control Of Kabayeva's Holding Company

We're talking about *Komsomolskaya Pravda*.

The “Komsomolskaya Pravda” Publishing House has come under the control of the “National Media Group” (NMG) holding company: the “Izvestia” Media Center, a subsidiary of NMG, has acquired a controlling stake in the publishing house, according to "Vedomosti" a spokesperson for the holding company. According to the publication’s source, the deal will strengthen NMG’s position in the news and entertainment content market, as well as bolster its presence in the advertising market by “creating a unique multiplatform offering.” Alina Kabaeva, the mistress of Vladimir Putin, has served as chair of NMG’s board of directors since 2014.

Vladimir Tyulin, CEO of the “Izvestia” Media Information Center Vladimir Tyulin called the merger with “Komsomolskaya Pravda” “a logical step toward forming a unified information space and creating multi-format, cross-platform projects in the media market.” Olesya Nosova , CEO of the “Komsomolskaya Pravda” Publishing House , added that the partnership with NMG will allow the newspaper’s projects to “reach a new level.”

Putin has repeatedly and publicly expressed his fondness for “Komsomolskaya Pravda.” In 2005, at a meeting with the publication’s staff, he said that he and his family regularly read the newspaper’s articles. “I’m not sure if they (family members—Ed.) do this every day, or if they read everything in it—I don’t know. But we (the newspaper—Ed.) is part of our family, and what’s more, from time to time we even discuss certain articles. This means the newspaper is alive in our family. It’s present… Overall, since it’s present in our family, that means we like it. “I like the newspaper for its dynamism… I like the newspaper,” he said.

Putin is also credited with the phrase: “I’m on my way to work, reading *Komsomolskaya Pravda*.” In 2007, he granted the publication permission, free of charge, to use his image for commercial purposes.

In 2022, Vladimir Sungorkin, who at the time served as CEO and editor-in-chief of *Komsomolskaya Pravda* Vladimir Sungorkin was hit with EU sanctions as “one of the key players” in information manipulation in Russia. The sanctions profile also noted that Putin had called *Komsomolskaya Pravda* his favorite newspaper.

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