Caramba TV

CTC Media buys majority stake in CarambaTV

Russia’s CTC Media has paid RUB148 million for a 51% controlling stake in Russian digital content producer CarambaTV. Announcing the deal, CTC Media CEO Yuliana Slashcheva said that it represented “the next logical step” in CTC’s strategy to develop its digital and transmedia businesses. CarambaTV said that its content generates more than 75million views per […]