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Recording Industry Russia

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March 25, 1994 | From Times Staff and Wire Reports
PolyGram Establishes Russian Beachhead: PolyGram has become the first Western record company to acquire a Russian subsidiary, with its agreement to buy the record and music publishing divisions of Biz Enterprises. Boris Zosimov, the founder of Biz, will remain on board and report to PolyGram's European office. London-based PolyGram also has subsidiaries in Budapest and Prague. Biz is one of Russia's leading media companies.
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BUSINESS
December 6, 1994 | BETH KNOBEL, SPECIAL TO THE TIMES
Every weekend, hundreds of Russian music fans flock to Moscow's Fili Park to shop for audio recordings in a huge, open-air market. Every kind of music, from Rachmaninoff to the Rolling Stones and even brand-new American releases, can be found on the sellers' rickety tables. There's just one catch: Nearly every album, cassette and compact disc is pirated.
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BUSINESS
December 6, 1994 | BETH KNOBEL, SPECIAL TO THE TIMES
Every weekend, hundreds of Russian music fans flock to Moscow's Fili Park to shop for audio recordings in a huge, open-air market. Every kind of music, from Rachmaninoff to the Rolling Stones and even brand-new American releases, can be found on the sellers' rickety tables. There's just one catch: Nearly every album, cassette and compact disc is pirated.
BUSINESS
March 25, 1994 | From Times Staff and Wire Reports
PolyGram Establishes Russian Beachhead: PolyGram has become the first Western record company to acquire a Russian subsidiary, with its agreement to buy the record and music publishing divisions of Biz Enterprises. Boris Zosimov, the founder of Biz, will remain on board and report to PolyGram's European office. London-based PolyGram also has subsidiaries in Budapest and Prague. Biz is one of Russia's leading media companies.
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