A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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The development of the legal audio and video content market
1 June 2017

The international market for audio and video content is growing exponentially. According to experts, the online streaming market alone will grow by more than 9.3% over the next few years, reaching around USD 74 billion by 2024. Revenue from subscription services will surpass that from services operating on an advertising-based model, reaching USD 21.6 billion by 2021. In Russia, the online streaming market increased by 17% to RUB 7.4 billion in 2016. In the medium term, the growth of this sector will depend as much on effective Internet copyright protection as on the regulation and development of services offering online streaming. Does the increased share of subscription services in the online streaming market signal the end for the advertising-based revenue model? What is the optimum business model for the regulation and development of services which offer users convenient access to high-quality, affordable legal audiovisual content?

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