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SCM to invest $80 million in television business
Journal Staff Report

KIEV, April 24 – SCM, the holding company of Donetsk-based System Capital Management Financial and Industrial Group, plans to invest around $80 million in the television business and around $40 million in the publishing business, holding's director general, Oleh Popov, said in an interview with the Kommersant-Ukraine newspaper.

"The existing [television] market is so expensive that I'd say it's overestimated... One can buy small channels, although they evaluate themselves so as they are CNN channel," he said.




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