National Media Group announces the appointment of Vyacheslav Murugov as president of NMG Studio. Mr. Murugov will hold his new position concurrently with positions of head of CTC Media and the CTC channel, and Deputy CEO of NMG for Entertainment Broadcasting. In his new position, Vyacheslav Murugov will deal with expansion of NMG presence in the market of TV, film and internet content production. In addition, Murugov will be responsible for the launch of projects for international market.
NMG Studio was established by National Media Group in October 2018 for investments in content. The first project of NMG Studio was an investment in Fyodor Bondarchuk's Invasion (released on January 1, 2020). In 2019, the company completed a transaction to acquire a 50% stake in Art Pictures Studio.
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