Russian President Vladimir Putin issued instructions to transfer 10.8 thousand shares of the shares of the nationalized publishing house “Music” to the “Talents and Success” Foundation. The corresponding decree was published on the official portal for legal information.
According to the document, the process of transferring the shares will continue for six months “if the judicial procedures on the basis of which these shares were transferred to the ownership of the Russian Federation remain valid and there are no circumstances preventing their transfer.”
The decision came “for the purpose of developing education in the field of musical art.”
“Talent and Success” is an educational foundation, one of the founders of which was a musician and friend of Putin. Putin himself chairs the Fund’s Board of Trustees.
In September 2025, a Moscow court, at the request of the Prosecutor General’s Office, referred the “Music” publishing house with an archive of music publications collected over 150 years to state income. The court also transferred to the income of the Russian Federation the publishing house Gamma Press and the music publishing house P. Jurgenson, created by the general director of the publishing house Mark Zilberkvit. According to the Prosecutor General’s Office, after taking the position of director of the Muzyka publishing house of the Federal State Enterprise in 2004, Zilberkvit, who has American citizenship in addition to Russian citizenship, organized its illegal privatization. The agency stated that transferring the music library to private property is expressly prohibited by the Federal Property Management Agency.
“Music” is a Russian music publishing house He owns The largest collection of sheet music. It was created on the basis of Peter Jorgenson’s publishing company, nationalized in 1918, and founded in 1861. The publishing house describes itself as a major producer of sheet music and book editions on classical and modern music, as well as educational literature.