ON Media holding, which consolidates the entertainment assets of MTS, reported its Q2 2026 financial and operational results. Consolidated revenue for the segment grew by 12.6% year-over-year to reach 6.9 billion rubles.
Amazon finds itself at the center of a major scandal after accidentally releasing the high-budget action thriller Mutiny, starring Jason Statham, on Prime Video several days ahead of its official theatrical release.
The 14th Koroche Short and Debut Film Festival has wrapped up in Kaliningrad, celebrating the best in contemporary Russian cinema. Bringing together outstanding short films and striking feature debuts, the festival program highlighted a remarkably high standard of emerging talent.
In a surprise twist for the entire film industry, the animated feature Niu Lai (which translates to “Here Comes the Cow”) has turned into one of China’s biggest box office hits.
The State Duma is working on establishing legal quotas to increase the proportion of patriotic and family films in domestic movie theaters, according to Olga Kazakova, Chair of the State Duma Committee on Culture.
South Korean tech giants Samsung Electronics and LG Electronics are restructuring their business models, shifting focus from one-off hardware sales toward recurring revenue streams from advertising, operating systems, and content.
Yandex has announced the rollout of Shoppable ads on Connected TV (CTV)—smart TVs and internet-connected media devices. The new tool will allow viewers to make purchases directly while watching video content. This functionality is currently unprecedented in the Russian market.
American heavy metal band Demon Hunter and their parent company, Hyde Lane, have filed a lawsuit in US federal court against streaming giant Netflix, its subsidiary Netflix Studios, and major global concert promoter AEG Presents.
Registered users can enjoy unlimited free access to the new service until October 1, 2026.
IT holding company VK has filed a lawsuit with the Moscow Arbitration Court against American corporation Apple Inc., its Irish subsidiary Apple Distribution International Ltd, and its Russian entity Apple Rus LLC. The lawsuit was registered in the arbitration case files on August 19.
