[4] Talks had emerged in the summer of 1997 of the sale of Ostankino's assets in the operator, and that Metromedia representants said that Lapshin had renounced from his post on 24 June 1997.
[4] A mixture of developments partly attributed to the 1998 Russian financial crisis saw Kosmos-TV reformat its activities to a more Russophone audience.
[3] On 17 November 2000, Kosmos-TV announced that it would start providing digital television services, planning to nearly double its number of channels from 31 to 60.
The operator started a massive campaign to counter NTV-Plus, which saw a record number of subscriptions when the Ostankino Tower caught fire in September 2000, affecting Kosmos-TV for a 12-day period.
[9] The provider sent a letter to its subscribers in August 2012 announcing the shutdown of operations on 1 September and the conversion of the frequencies to the LTE network.