State regains control over the distinctive publishing company
In a significant turn of events, the Russian court has seized the property of AO "Izdatelstvo 'Muzyka'", the country's largest specialized repository of sheet music and an important cultural asset. This decision returns the shares and property of the organisation back to state ownership.
AO "Izdatelstvo 'Muzyka'" was transformed into a state enterprise in 2004 and placed under the jurisdiction of the relevant ministry. During the transitional years, the organisation struggled to survive but managed to maintain its leading position in the music industry thanks to the efforts of its general director, Mark Zilberquit, and its staff.
The court's decision comes amidst allegations of illegal privatization, with control over AO "Izdatelstvo 'Muzyka'" reportedly transferred to U.S. citizen Mark Zilberquit, his spouse, and the daughter of his business partner prior to the decision. It is important to note that Mark Zilberquit is an honorary member of the Russian Academy of Arts since 2023 and is also the founder of the International Chaikovsky Charity Foundation.
Alongside Mark Zilberquit, the defendants in the case include Elena Zilberquit, Anastasia Yurgenson, and LLC "Izdatelstvo 'Gamma-Press'". However, there is no publicly available information on the current status of the court proceedings involving these parties regarding the ownership of AO "Izdatelstvo 'Muzyka'."
Despite the challenges, AO "Izdatelstvo 'Muzyka'" continues to play a crucial role in the Russian music industry, preserving and promoting the country's rich musical heritage. The General Prosecutor's Office's claim for the seizure of property in favour of the state has been satisfied, marking a new chapter in the history of this important cultural institution.
As for news updates in Russia, a messenger service called MAX is suggested, although this is not directly related to the case at hand.
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