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The newspaper's title is spelled in Russian with a terminal [[hard sign]] (ъ) – a letter that is silent at the end of a word in modern Russian, and was thus largely abolished by the post-revolution [[Reforms of Russian orthography#The post-revolution reform|Russian spelling reform]], in reference to the original ''Kommersant''.<ref name=":1" /> This is played up in the {{Lang|ru-latn|Kommersant}} logo, which features a script hard sign at the end of somewhat more formal font. The newspaper also refers to itself or its redaction as "Ъ".
Founded as a [[weekly newspaper]], it became popular among business and political elites.<ref name=":1" /> It then became a daily newspaper in 1992.<ref name=":1" /><ref name=":2" /> It was owned by the businessman [[Boris Berezovsky (businessman)|Boris Berezovsky]] from 1999 until 2006, when he sold it to [[Badri Patarkatsishvili]].<ref name=":0" /><ref name=":2">{{Cite journal|last=Koikkalainen|first=Katja|date=2007-12-01|title=The local and the International in Russian business journalism: Structures and practices|url=https://www.tandfonline.com/doi/abs/10.1080/09668130701655176|journal=[[Europe-Asia Studies]]|volume=59|issue=8|pages=1315–1329|doi=10.1080/09668130701655176|s2cid=153949932 |issn=0966-8136}}</ref> In September 2006, it was sold to [[Alisher Usmanov]].<ref name=":2" />
In January 2005, {{Lang|ru-latn|Kommersant}} published a protest at a court ruling ordering it to publish a denial of a story about a crisis at [[Alfa-Bank]].<ref>{{cite news|title=Alfa-d Up|url=http://www.kommersant.com/p543041/r_524/Alfa-d_Up/|work=Kommersant|location=Moscow|date=31 January 2005|access-date=28 August 2009|url-status=dead|archive-url=https://web.archive.org/web/20110606111951/http://www.kommersant.com/p543041/r_524/Alfa-d_Up/|archive-date=6 June 2011}}</ref> In 2008, ''[[BBC News]]'' named {{Lang|ru-latn|Kommersant}} one of Russia's leading liberal business broadsheets.<ref>{{cite news|date=16 May 2008|title=The press in Russia|publisher=[[BBC News]]|url=http://news.bbc.co.uk/2/hi/europe/4315129.stm|access-date=29 November 2014}}</ref>
It has been argued that ''Kommersant'' strategically uses an ironic tone in its reporting, expressed in "creative [[Neologism|neologisms]], [[Word play|wordplay]], metaphors, and legally imposed [[Euphemism|euphemisms]]," allowing it to maintain a degree of independence in periods of severe [[Censorship in Russia|state censorship]].<ref>{{Cite journal |last=Tymbay |first=Alexey |date=2024-03-15 |title=Reading ‘between the lines’: How implicit language helps liberal media survive in authoritarian regimes. The Kommersant Telegram posts case study |url=https://journals.sagepub.com/doi/10.1177/17504813241236907 |journal=Discourse & Communication |language=en |doi=10.1177/17504813241236907 |issn=1750-4813}}</ref>
{{Portal|Russia|Journalism}}
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