🧮 VK media services post double-digit growth
VK Company has published its unaudited financial and operating results for the first quarter of 2026. The company’s total revenue increased by 6% year-on-year, reaching 37.6 billion rubles.
News
✍️ GPM and Xinhua News Agency to jointly train media professionals
Russia’s Gazprom-Media Holding (GPM) and China’s state-run Xinhua News Agency have signed a Memorandum of Cooperation focusing on specialized and professional media education.
💲 Streaming price hikes shift viewer habits
Consumers are increasingly feeling the financial squeeze from rising media service costs; in the US, the price of many premium subscriptions has already crossed the $20-a-month threshold.
📆 Paramount-WBD merger could close as early as July
The landmark acquisition of media giant Warner Bros. Discovery by Paramount could close significantly ahead of market expectations. Defying forecasts by most analysts who had anticipated a late-September timeline, industry circles are now pointing to a mid-summer resolution.
🎦 Michael tops South Korean box office
The musical biopic Michael, chronicling the life of Michael Jackson, effortlessly seized the lead in the South Korean film market. Over the weekend of May 15–17, 2026, the feature claimed the number-one spot at the box office, capturing more than half of the country’s total theatrical revenue.
🤑 5 "golden" content niches defined for FAST TV
For rights holders, content creators, and broadcasters alike, the era of launching “just another channel” has come to a close. Today, the ultimate key to success in the FAST (Free Ad-Supported Streaming TV) market lies in deploying the right, hyper-focused niche project.
⏱️ Kion to reduce content discovery time
On Media holding (a subsidiary of MTS) unveiled its new OneClickStart feature for the Kion online cinema at the CIPR-2026 conference.
🎁 Platoshka Studio Celebrates Its Fifth Anniversary with a Special Industry Promotion
Animation studio Platoshka is celebrating the fifth anniversary of its flagship project, the educational universe Tsvetnyashki. The first episode premiered on June 1, 2021, and within just a few years the project has evolved from a local startup into an international brand with a multimillion audience.
▶️ OTT conquers Kazakhstan
By the end of 2025, the pay-TV market in Kazakhstan demonstrated moderate growth alongside a profound technological transformation.
🤝 NMG partners with Chinese tech park for AI-driven media production transformation
National Media Group (NMG) and the Shidao Technology Park (Shenzhen, PRC) have entered into a strategic partnership agreement.