Latest Nightly Business Report owner mulling options, including selling the show

Print More

Mykalai Kontilai, whose controversial past stoked headlines when he bought Nightly Business Report last August, has hired Paramount Media Advisors to explore options “from selling a minority stake up to selling the entire company,” the New York Times is reporting. Sources familiar with the situation says Kontilai’s company, NBR Worldwide, is exploring a strategic alliance with a bigger partner through a minority investment, although a sale of Nightly Business Report “would also be considered.”