CTC Media
CTC Media, Incorporated (spelled “СТС Медиа” - “Es-Te-Es Media” in Russian) is a leading media company in Russia. It owns and operates two national free–to–air TV networks in Russia (“CTC”, “Domashniy” and “Peretz”). It also operates two channels in the CIS - Channel 31 in Kazakhstan and a TV company in Uzbekistan. “CTC Media” also owns two TV content production companies: “Costafilm” and “Soho–Media”.
Combined audience share for the “CTC”, “Domashiny” and “DTV” networks for 2007 – 12.9%
“CTC Media” has three shareholders: “National Media Group” (25,2%), “Itera” (25,2%) and “Modern Times Group AB” (39%). The company became public in 2006 and its common stock is traded on The NASDAQ Global Select Market under the symbol: “CTCM”.
Market capitalization of “CTC Media” is approximately $4.3 billion (as of March 27, 2008).
Financial Highlights for 2007
Consolidated revenue increased 27% to $472 million
OIBDA increased 27% to $220 million
OIBDA margin of 46.7%
Net income increased 28% to $136 million.
Read more about CTC Media: History, Production, Operations in The CIS
Famous quotes containing the word media:
“The corporate grip on opinion in the United States is one of the wonders of the Western World. No First World country has ever managed to eliminate so entirely from its media all objectivitymuch less dissent.”
—Gore Vidal (b. 1925)