CTC Media

CTC Media agrees US$200 million sale of 75% stake to UTH

logo ctc media thumb

Russia’s CTC Media has entered a definitive agreement to sell a 75% stake in its operating businesses to UTH Russia-affiliated UTV Management for US$200 million… Read more

CTC launches channel-wide second screen app

logo ctc media thumb

Russian broadcaster CTC Media has launched a dedicated second-screen app that uses audio synchronisation to provide additional services related to broadcast shows on tablets and… Read more

Russia’s CTC Media reports 74% plunge in net income

logo ctc media thumb

CTC Media’s net income plummeted 74% year-on-year in the second quarter with the firm blaming a “challenging” first half on regulatory, macroeconomic and commercial developments.… Read more

CTC pulls out of S&P ratings, postpones earnings announcement

logo ctc media thumb

Russian broadcaster CTC Media has asked Standard & Poor’s to withdraw its credit rating service as part of what it describes as a cost-cutting exercise.… Read more

MTG lifted by Viaplay, highlights continued uncertainty on Russia

mtg new logo_400x400ar 2

Modern Times Group’s (MTG) second-quarter performance was lifted by strong sales from its Viaplay on-demand offering and IPTV growth, which offset declines across its satellite… Read more

UTH Russia makes US$200 million CTC Media bid

logo ctc media thumb

Russian broadcast group UTH Russia has made a formal offer to buy 75% of CTC Media for US$200 million (€180 million), ahead of changes to… Read more

CTC Media launches movie streaming

logo ctc media thumb

Russia’s CTC Media has launched free movie streaming across its various channel websites and on its on-demand TV site Videomore. CTC Media will offer a… Read more

CTC Media names Tsukanova as new co-chairman

logo ctc media thumb

Following the withdrawal of Modern Times Group CEO Jørgen Madsen Lindemann and MTG’s CFO Mathias Hermansson from its board, Russian broadcaster CTC Media has named… Read more

MTG chiefs quit CTC Media board

Jørgen Madsen Lindemann

Modern Times Group’s CEO Jørgen Madsen Lindemann and CFO Mathias Hermansson have left the board of Russian commercial broadcaster CTC Media, as MTG mulls its… Read more

MTG denies CTC sale reports

logo ctc media thumb

Modern Times Group (MTG) has denied suggestions in the Russian press that it has held talks with Telcrest Investments, the Cyprus-based investment vehicle controlled by… Read more