Serebro is a Russian girl group formed by their manager and producer Maxim Fadeev. The group currently consists of members Olga Seryabkina, Polina Favorskaya and Katya Kischuk. Serebro was formed in 2007 as a submitted proposal for consideration by Channel One Russia for the Eurovision Song Contest 2007. Serebro was selected to represent Russia at the 2007 Contest with the song titled "Song #1". They subsequently placed third at the contest, scoring a total of 207 points. Serebro was then officially signed to Fadeev's record label Monolit Records, and in 2012, the group had additional releases produced by Sony Music Entertainment and Ego Music. During 2009, member Marina Lizorkina announced her departure from the group; she was subsequently replaced by Anastasia Karpova. Karpova left the group in 2013 and was replaced by Dasha Shashina, who left in 2016.