CTC Media boosted by channel gains

Russian broadcaster CTC Media reached its highest third quarter profitability level since 2009, with TV ad revenues climbing and two of its three Russian channels gaining market share. Announcing its third quarter results, CTC Media said that its CTC channel had now completed its shift to the older adult segment of the 10-45 year-olds and […]

CTC Media gains from ad growth, but profits slip

Russian broadcaster CTC Media reported a 10% increase in operating revenues in the second quarter thanks to ad market growth in the country, but saw net income slip by 7% year-on-year. The firm said that revenues for the quarter were US$206 million (€155 million), up 10% in dollar terms and 13% in ruble terms, reflecting […]

CTC Media launches cooking app

Russian broadcaster CTC Media has launched a hands-free cooking app as a tie-in to its female-skewing lifestyle channel Domashny. The iOS and Androids app was developed cross-media production firm Screenz, which is a joint venture between Israeli broadcaster Keshet and Tel Aviv-based ad firm The Box. The app is motion-activated, relying on a mobile phone’s […]

CTC Media hits record results

Russian broadcaster CTC Media reported record results last year, with revenues above US$800 million (€615 million) for the first time on the back of a strong performance by its Domashny and Peretz networks. The firm said that the two networks posted their highest ever annual audience shares in 2012 and outperformed the Russian television ad […]