Pravda owned by Communist Party of the Russian Federation
Pravda (Russian: Правда, IPA: [ˈpravdə] (listen), "Truth") is a Russian broadsheet newspaper, and was the official newspaper of the Communist Party of the Soviet Union, when it was one of the most influential papers in the country with a circulation of 11 million. The newspaper began publication on 5 May 1912 in the Russian Empire, but was already extant abroad in January 1911. It emerged as the leading government newspaper of the Soviet Union after the October Revolution. The newspaper was an organ of the Central Committee of the CPSU between 1912 and 1991.After the dissolution of the Soviet Union  Pravda was sold by Russian President Boris Yeltsin to a Greek business family in 1992, and the paper came under the control of their private company Pravda International.In 1996, there was an internal dispute between the owners of Pravda International and some of the Pravda journalists which led to Pravda splitting into different entities. The Communist Party of the Russian Federation acquired the Pravda paper, while some of the original Soviet Pravda journalists separated to form Russia's first online paper Pravda Online (now Pravda.ru), which is not connected to the Communist Party. After a legal dispute between the rival parties, the Russian court of arbitration stipulated that both entities would be allowed to continue using the Pravda name.The Pravda paper is today run by the Communist Party of the Russian Federation, whereas the online Pravda.ru is privately owned and has international editions published in Russian, English, French and Portuguese.Post-Soviet period
After the dissolution of the Soviet Union Pravda was sold by Russian President Boris Yeltsin to a Greek business family – the Giannikoses – in 1992, and the paper came under the control of their private company Pravda International.In 1996, there was an internal dispute between the owners of Pravda International and some of the Pravda journalists which led to Pravda splitting into different entities. The Communist Party of the Russian Federation acquired the Pravda paper, while some of the original Pravda journalists separated to form Russia's first online paper (and the first online English paper) Pravda.ru, which is not connected to the Communist Party, but is run by journalists associated with the defunct Soviet Pravda. After a legal dispute between the rival parties, the Russian court of arbitration stipulated that both entities would be allowed to continue using the Pravda name. The Pravda paper is today run by the Communist Party of the Russian Federation, whereas the online Pravda.ru is privately owned and has international editions published in Russian, English, French and Portuguese.
Pravda was a daily newspaper during the Soviet era but nowadays it is published three times a week, and its readership is largely online where it has a presence. Pravda still operates from the same headquarters at Pravda Street in Moscow from where journalists used to work on Pravda during the Soviet era. It operates under the leadership of journalist Boris Komotsky, who is also a member of the Russian State Duma.On 5 May 2012, Pravda marked its centenary, with a grand celebration at the Trade Unions house organised by the Communist Party. The gala was attended by the former and current employees of the newspaper, its readers and party members, representatives of other communist media organisations. Gennady Zyuganov made a speech, and congratulatory messages were received from Russian president Dmitry Medvedev and Belarusian president Alexander Lukashenko.