Georgia lacks transparency in private ownership of TV stations, including for the main Rustavi 2 and Imedi stations. In 2010, 90% of Imedi was owned by the Georgian Media Holding, a subsidiary of Rakeen Investment, and managed by President Saakashvili's former minister of economy. Balance and neutrality are missing from news coverage, with stations divided between pro-government and pro-opposition camps. The state of ownership transparency was improved by the 2011 amendments to the Law on Broadcasting, requiring the full disclosure of ownership structures, and banning ownership by offshore companies. Concentration concerns remain unanswered. Ownership changes in 2012-2015 have reduced polarisation among TV channels.