Press Releases

19.12.2007
CTC MEDIA VERTICALLY INTEGRATES INTO PROGRAM RIGHTS MANAGEMENT AND PRODUCTION: ACQUIRES TWO RUSSIAN PRODUCTION COMPANIES
Moscow, Russia – December 19, 2007 – CTC Media, Inc. (NASDAQ: CTCM), a leading television broadcaster in Russia, announced today that it is creating an in-house proprietary program rights management and production function, in conjunction with signing definitive agreements to acquire 100% ownership in Russian production companies COSTAFILM and SOHO MEDIA for an aggregate purchase price of approximately $50 million in cash payable over three years. These transactions are expected to close in the first quarter of 2008.
21.11.2007
CTC MEDIA APPOINTS BORIS PODOLSKY AS CHIEF FINANCIAL OFFICER
Moscow, Russia – November 21, 2007 – CTC Media, Inc. (NASDAQ: CTCM), Russia’s leading independent television broadcaster, announced today the appointment of Boris Podolsky, 34, as Chief Financial Officer of the Company. Mr. Podolsky will join the Company effective December 10, 2007.
29.10.2007
CTC MEDIA REPORTS THIRD QUARTER 2007 FINANCIAL RESULTS
Moscow, Russia – October 29, 2007 – CTC Media, Inc. (NASDAQ: CTCM), a leading television broadcaster in Russia, today reported financial results for the three- and nine-month periods ended September 30, 2007.
22.10.2007
CTC MEDIA ISSUES CORRECTION TO THIRD QUARTER 2007 CONFERENCE CALL TIME
Moscow, Russia— October 22, 2007—CTC Media, Inc. (NASDAQ: CTCM) today announced that due to this year’s discrepancies in Daylight Saving Time schedules in Europe and in the U.S., the Company's third quarter 2007 conference call will start at 4:00 p.m. Moscow time (1:00 p.m. London time) on Monday, October 29, 2007. The U.S. start time of 9:00 a.m. ET and all dial-in numbers remain unchanged.
09.10.2007
CTC MEDIA SCHEDULES THIRD QUARTER 2007 EARNINGS RELEASE AND CONFERENCE CALL
Moscow, Russia— October 09, 2007—CTC Media, Inc. (NASDAQ: CTCM) will announce its financial results for the third quarter ended September 30, 2007 on Monday, October 29, 2007 before U.S. market hours.
04.09.2007
CTC MEDIA TO PRESENT AT DEUTSCHE BANK 2007 GLOBAL EMERGING MARKETS CONFERENCE
Moscow, Russia – September 04, 2007 – CTC Media, Inc. (NASDAQ: CTCM) announced today that Nilesh Lakhani, Chief Financial Officer, will present at the Deutsche Bank 2007 Global Emerging Markets Conference to be held September 5-7, 2007 in New York City, USA. The conference format is individual one-on-one meetings.
04.09.2007
CTC MEDIA EXPANDS INTO KAZAKHSTAN AND UZBEKISTAN, FAST-GROWING MARKETS WITH A COMBINED POPULATION OF OVER 40 MILLION
Moscow, Russia – September 04, 2007 – CTC Media, Inc. (NASDAQ: CTCM), Russia’s leading independent television broadcaster, announced today that it has entered into a Binding Term Sheet pursuant to which it agreed to enter into a definitive agreement to acquire a majority financial interest in Channel 31 group, one of the leading broadcasters in Kazakhstan, for approximately $65 million in cash, and registered a broadcasting company in Uzbekistan.
30.07.2007
CTC MEDIA REPORTS SECOND QUARTER 2007 FINANCIAL RESULTS
Moscow, Russia – July 30, 2007 – CTC Media, Inc. (NASDAQ: CTCM), a leading television broadcaster in Russia, today reported financial results for the three- and six-month periods ended June 30, 2007.
12.07.2007
CTC MEDIA NAMED TO PREMIER NASDAQ GLOBAL SELECT MARKET
Moscow, Russia – July 12, 2007 – CTC Media, Inc. (NASDAQ: CTCM), Russia’s leading independent television broadcaster, announced today it has qualified for the NASDAQ Global Select Market as the result of meeting NASDAQ's most stringent listing standards. The Company's common stock will be transferred to the Global Select Market at the opening of business Thursday July 12, 2007, and will trade under the same symbol, CTCM. CTC Media's common stock was previously listed on the NASDAQ Global Market prior to the upgrade.
10.07.2007
CTC MEDIA TO PRESENT AT THE JPMORGAN TV BROADCASTING CEO CONFERENCE 2007
Moscow, Russia – July 10, 2007 – CTC Media, Inc. (NASDAQ: CTCM) announced today that Alexander Rodnyansky, President and Chief Executive Officer, will present at the JPMorgan TV Broadcasting CEO Conference 2007 to be held July 10-11 in Hertfordshire, United Kingdom. He will deliver a formal presentation July 10 followed by a Q&A session.
10.07.2007
VLADIMIR KHANUMYAN, COO OF CTC MEDIA, WINS PRESTIGIOUS PROFESSIONAL AWARD
Moscow, Russia – July 10, 2007 – CTC Media, Inc. (NASDAQ: CTCM) announced today that Vladimir Khanumyan, Chief Operating Officer, was honored with a prestigious national professional ‘Russian Media Manager 2007’ award in the ‘Television’ category on July 5, 2007.
06.07.2007
CTC MEDIA SCHEDULES SECOND QUARTER 2007 EARNINGS RELEASE AND CONFERENCE CALL
Moscow, Russia— July 06, 2007—CTC Media, Inc. (NASDAQ: CTCM) will announce its financial results for the second quarter ended June 30, 2007 on Monday, July 30, 2007 before U.S. market hours.
21.06.2007
CTC MEDIA STRENGTHENS MANAGEMENT TEAM
Moscow, Russia – June 21, 2007 – CTC Media, Inc. (Nasdaq: CTCM), Russia’s leading independent television broadcaster, today announced several new appointments to its management team: Viacheslav Sinadski, Chief Investment Officer; Andrey Skutin, Foreign Business Director; Sergey Shanovich, Strategic Marketing Director; Konstantin Vorontsov, PR and Corporate Communications Director; and Marina Pork, PR Director – CTC Network.
15.05.2007
CTC MEDIA PARTICIPATED IN DEUTSCHE BANK TMT CONFERENCE IN MOSCOW
Moscow, Russia – May 15, 2007 – CTC Media, Inc. (NASDAQ: CTCM) announced today that Nilesh Lakhani, Chief Financial Officer, participated in the Deutsche Bank TMT Conference held on May 14-16, 2007 in Moscow. The conference format is a series of meetings with small groups of investors.
27.04.2007
CTC MEDIA REPORTS FIRST QUARTER 2007 FINANCIAL RESULTS
Moscow, Russia – April 27, 2007 – CTC Media, Inc. (NASDAQ: CTCM), a leading television broadcaster in Russia, today reported financial results for the three-month period ended March 31, 2007.
13.04.2007
NILESH LAKHANI PLANS TO STEP DOWN AS CHIEF FINANCIAL OFFICER OF CTC MEDIA
Moscow, Russia – April 13, 2007 – CTC Media, Inc. (Nasdaq: CTCM), Russia’s leading independent television broadcaster, announced today that Nilesh Lakhani will be stepping down as the Company’s Chief Financial Officer (CFO) to pursue other professional opportunities. Mr. Lakhani will remain the Company’s CFO until a successor is named, or through the end of 2007. In addition, Mr. Lakhani will continue to advise the Company for a period of time after his successor has been announced to ensure an effective and orderly transition. CTC Media is currently engaged in an executive search to secure a successor.
05.04.2007
CTC MEDIA SCHEDULES FIRST QUARTER 2007 EARNINGS RELEASE AND CONFERENCE CALL
Moscow, Russia—April 05, 2007—CTC Media, Inc. (NASDAQ: CTCM) will announce its financial results for the first quarter ended March 31, 2007 on Friday, April 27, 2007 before U.S. market hours.
20.03.2007
CTC MEDIA PROVIDES UPDATE ON THE START OF THE SPRING TV SEASON<br> ON ITS FLAGSHIP CTC TV NETWORK
Moscow, Russia – March 20, 2007 – CTC Media, Inc. (Nasdaq: CTCM), a leading television broadcaster in Russia, today announced that the second half of the 2006-2007 television season is off to a strong start. The second season of Russian TV series KADETS, launched on March 7, 2007, is performing in-line with management expectations, delivering average audience share above 15%, and about 20% in its target audience. Since March 7, 2007 CTC Network’s average audience share has been running at around 10% with no other significant premiers having been launched this month. Programming on the CTC Network remains balanced between domestically produced and quality foreign products, such as THE O.C. that started yesterday, March 19, 2007, in the 6PM pre-prime slot. Later in the spring season GREY’S ANATOMY will appear in the CTC’s schedule.
06.03.2007
“DOMASHNY” TV CHANNEL TURNS TWO
Moscow, Russia – March 06, 2007 – On March 2, 2007 in the “Radisson SAS Slavyanskaya” hotel on the eve of the two-year anniversary of the “Domashny” TV channel a conference “Domashny. Pro life” took place. The event was attended by the partners and clients of the network as well as the local media. The conference was opened by the President of “CTC Media” Alexander Rodnyansky. “Two years can hardly be considered a long time when we speak about the projects of such scale", said Mr. Rodnyansky. “Launched precisely 728 days ago the channel has become cost-effective, explicitly demonstrating that if the idea is original, the strategy aggressive and the team is professional, there is no need to wait for some ten years in order to get on the list of the country’s top ten (or, rather, TOP-eight, to be exact) biggest channels”.
01.03.2007
BARING VOSTOK SOLD PART OF ITS STAKE IN CTC MEDIA
Moscow, Russia – Marth 01, 2007 - Baring Vostok Capital Partners, one of the leading private equity firms in the CIS, has announced that its funds sold 67% of their stake in CTC Media Inc. to a private buyer. Previously, BVCP’s share in CTC Media was around 9%. BVCP continues to hold the remaining stake and there are no current plans for further sales.
27.02.2007
CTC MEDIA REPORTS 2006 FOURTH QUARTER AND FULL YEAR RESULTS
Moscow, Russia—February 27, 2007—CTC Media, Inc. (NASDAQ: CTCM)
22.02.2007
PARTICIPATION IN THE II ANNUAL CONFERENCE "MEDIA BUSINESS: MEDIA HOLDINGS DEVELOPMENT STRATEGIES"
Moscow, Russia - 22 February, 2007 - СТС Media, Inc. (Nasdaq: CTCM) informs that Alexander Rodnyansky, СТС Media President participated in the II annual conference "Media Business: Media Holdings Development Strategies" (February 21-22, 2007) organized by Vedomosti, leading Russian business newspaper.
08.02.2007
CTC MEDIA SCHEDULES FOURTH QUARTER AND FULL YEAR 2006 EARNINGS RELEASE AND CONFERENCE CALL
Moscow, Russia—February 08, 2007—CTC Media, Inc. (NASDAQ: CTCM) will announce its financial results for the fourth quarter and full year ended December 31, 2006, on Tuesday, February 27, 2007, before U.S. market hours.
24.01.2007
CTC MEDIA TO PRESENT AT JPMORGAN EMEA EQUITY CONFERENCE IN LONDON
Moscow, Russia – January 24, 2007 – CTC Media, Inc. (Nasdaq: CTCM) announced today that Nilesh Lakhani, Chief Financial Officer, will present at the 4th Annual JPMorgan EMEA Equity One-on-One Conference, being held January 25-26, 2007 in London. The conference format is individual one-on-one meetings. There will be no formal presentation.