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Modern Times Group (MTG) bought half of Raduga Holdings, a Russia...

Modern Times Group (MTG) bought half of Raduga Holdings, a Russian direct-to-home satellite TV provider, from Continental Media, MTG said. Continental Media continues to own the other half and the two owners will share control of the company, said…

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MTG. Terms of the purchase weren’t disclosed. Raduga’s satellite TV platform has about 70,000 subscribers, said MTG