ICTV LLC

ICTV is one of the top Ukrainian channels broadcasting on the national level 24h. The official website states, it is the first private-owned channel covering all Ukrainian territories. The core audience is aged 25-55 and is predominantly male. ICTV offers a wide range of socio-political and investigative programmes covering both news in Ukraine and outside the country. The “International commercial television and radio broadcasting company” ICTV Ukraine, LLC is a member of StarLightMedia holding. StarLight Media Limited is registered in Cyprus and belongs to Olena and Viktor Pinchuk.Oleksandr Bogutsky is a director-president of ICTV TV-channel, member of board of directors in EastOne investment and consulting company.

Key facts

Business Form

private

Legal Form

LLC Trusts in the interests of Olena and Viktor Pinchuk are run by Benjamin Verne from France, Samantha D’Aoud from Great Britain, Angelo de Riz from Switzerland and resident of Jersey island Colin Walker. They lead the offshore companies in Seychelles an

Business Sectors

Broadcasting

Ownership

Individual Owner

Viktor Pinchuk

Viktor Pinchuk is one of the wealthiest men on earth. Forbes places him in 2016 on 1476th place with real time net worth of USD 1.36 billion. He is married to Olena Pinchuk, the daughter of the former President of Ukraine, Leonid Kuchma. Together with his wife Victor owns one of the biggest media holdings in Ukraine Starlight Media. He founded “Interpipe” in 1990, a metallurgical mill company, controls several dozens of enterprises active in steel industry, wheel and tubular production (Novomoskovsk Pipe Plant, Nizhnednepropetrovsky Pipe Rolling Plant, “Dniprospetsstal”, etc.). Interpipe is among top 10 of the world’s largest seamless pipes’ producers and third largest producer of solid-rolled railways wheels in the world. In 2007 he founded EastOne Group, an international investment advisory group which provides services in investment management across the continent in various sectors. The company combines more than 20 businesses and large-scale projects which include Interpipe, media and banking sector (Credit Dnepr Bank). Viktor Pinchuk also owns a company ‘Impulse Group’ which was registered in 2001 and lists among its activities the following: wholesale of solid, liquid and gas fuels and similar products, wholesale of metals and metal ores, wholesale of waste and scrap, financial leasing and research and experimental development in the field of other natural and technical sciences.
According to media, he invests in Facebook and Twitter via American funds.
He owns a charity fund “Victor Pinchuk Foundation” which is a non-partisan philanthropic foundation active in education, healthcare and art. The foundation has two scholarship programmes Zavtra.ua (Tomorrow from Ukrainian) World Wide Studies, which provide young brilliant Ukrainians with opportunities to study in world’s best universities in fields of agriculture, environment and alternative energies, public administration/law and aerospace engineering. The Foundation also organizes public lectures and roundtables (Philanthropic Roundtable in Davos) with world renowned leaders and scholars. Medsanbat provides medical training to doctors in conflict zones and Cradle of Hope is a network of neonatal centers all across Ukraine. “PinchukArtCentre” supports artists and promotes artistic education.
Together with Volosyuk Viktor Mikhailovich Pinchuk owns TAVR Company which also belongs to TAVR Media, radio holding with the following radios: Hit-FM, Kiss-FM, Russkoe Radio Ukraina, Radio Relax, Radio Roks, Radio Melodia. TAVR company owns various radio companies – Liamin (100%), Mir (95%), Pilot (95%).
Viktor Pinchuk served two terms as a Member of the Parliament with the “Labour Ukraine” between 1998 and 2002. He was a member of Committee for economic policy, national economy management, ownership and investments during both convocations. In 2006 he supported election campaign “Viche” party (before the announcement of the off-year election in 2007 Inna Bogoslovska was a head of the party). Despite powerful sponsorship, the party didn’t enter the parliament.
He is known to keep close friendships with the Clintons, Sir Elton John and Tony Blair. Last year he was the largest individual contributor to the Clinton Foundation, and allegations were made that his company, Interpipe, conducted business with Iran, which he denies. In 2013 Pinchuk joined Giving Pledge, where he committed to giving more than half of this wealth back to his country and society. He and Kolomoyskyi were schoolmates.
Pinchuk was born in Kyiv in 1960.

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Other Media Outlets

Other TV Outlets

ICTV – 6,36%.

Facts

Media Business

Media Business

Production | Films, videos and TV-programs production #
TV broadcasting activities (main) | ICTV Channel #
Satellite telecommunication activities #
Other telecommunication activities #
Advertising agencies #
Mediation in placing of advertising in media #

Business

General Information

Founding Year

1992

Founder

LIMITED LIABILITY COMPANY “TV-HOLDING”

Affiliated Interests Founder

“TV-HOLDING”, LLC that has created “International Television and Radio Broadcasting Commercial Company”, LLC belongs to StarLight Media Limited that has also created STB (auditory share 10,45%), Novy Kanal (New Channel) (auditory share 7,62%), QTV (auditory share 0,57%), М1 (auditory share 1,39%) and М2(auditory share 0,19%).

Employees

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Contact

01033, Kyiv, Pankivs’ka str. 11+380 44 288 19 19 +380 44 323 23 83ictv.ua

Tax/ ID Number

14323764

Financial Information

Revenue (Financial Data/ Optional)

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Operating Profit (in Mill. $)

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Advertising (in % of total funding)

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Management

Executive Board + Interests Executive Board

Oleksandr Bogutsky, director-president of the ICTV channel, member of the board of directors in EastOne investment and consulting company. EastOne is an international investment and consulting company that renders services of strategic and investment management of diversified assets portfolio in different regions and areas of industry. Viktor Pichuk created the group in 2007 to manage his assets.
Oleksandr graduated from the Lviv University International Relations Faculty, he has a Ph.D. in Law. He had started a career in journalist in 1991 with the position of editor at the independent Ukrainian radio station “Radio Nezalejnist’” (“Independence Radio”). He later worked in media and television. In 1994 he headed the press-center “Tavriiski Igry” (“Tavriiski Games”) Ltd, and he was a festival presenter of the cognominal festival. Since 2000 Oleksandr has been a director-president of the ICTV channel. In November, 2009 Oleksandr Bogutsky headed StarLightMedia and from March, 2012 he is a member of the board of directors in EastOne investment and consulting company, where he works on realization of strategies in business-assets management.

Non-Executive Board + Interests Non-Executive Board

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Supervisory Board + Interests Supervisory Board

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Other Influential People + Interests Other Influential people

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Further Information

Headlines

STB, Novy, ICTV television networks list Pinchuk couple as beneficiaries, Interfax-Ukraine, 4 April 2016: http://en.interfax.com.ua/news/economic/335853.html

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

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Meta Data

The website of the company contains all the necessary information about the shareholding structure required by “Transparency of media ownership” Law.
Stated final beneficiaries are real owners. Provided information coincides with the data of the National Council on Television and Radio Broadcasting. Information about ownership shares, founders, executive and supervisory boards, number of employees and financial flows is not publicly available. The company did not respond to MOM’s request for information.

Sources

Official web-site of StarLight Media group. Retrieved in August 2016, from http://slm.ua/about-ua/

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    Institute of Mass Information
  •  
    Reporters without borders
  • Funded by
    BMZ