Derk Sauer is a key figure in establishing independent media in post-Soviet Russia. He moved to Moscow in 1988 as editor of Moscow Magazine, the first glossy magazine for foreigners. In 1992, he founded The Moscow Times, one of the first independent Russian news outlets in English language. With his wife Ellen, he launched Cosmopolitan Russia in 1994, which became hugely popular and pioneered the advertising industry. By 1997, they launched Russian editions of Harper’s Bazaar, Good Housekeeping, Playboy, and Men’s Health. In 1999, Sauer launched Vedomosti, first independent business newspaper in Russian, in partnership with Financial Times and New York Times, until government restrictions on foreign media took hold.