Press Releases

12.11.2008
CTC MEDIA REPORTS INDUCEMENT GRANT UNDER NASDAQ MARKETPLACE RULE 4350
Moscow, Russia – November 12, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia's leading independent media company, announced that, in accordance with NASDAQ Marketplace Rule 4350, Anton Kudryashov, CTC Media’s new chief executive officer, was granted an inducement option grant on November 7, 2008 to purchase up to 3,042,482 shares of CTC Media’s common stock. The option is in three tranches. The first tranche is an option to purchase 1,521,241 shares of common stock and will vest as to 507,081 shares on the first anniversary of Mr. Kudryashov’s August 4, 2008 start date and as to an additional 126,770 shares at the end of each of the immediately following eight quarters.
30.10.2008
CTC MEDIA REPORTS THIRD QUARTER 2008 FINANCIAL RESULTS
Moscow, Russia – October 30, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia's leading independent media company, today reported financial results for the three- and nine-month periods ended September 30, 2008.
13.10.2008
CTC MEDIA SCHEDULES THIRD QUARTER 2008 EARNINGS RELEASE AND CONFERENCE CALL
Moscow, Russia— October 13, 2008 — CTC Media, Inc. (NASDAQ: CTCM) will announce its financial results for the third quarter ended September 30, 2008 on Thursday, October 30, 2008 before U.S. market hours.
03.10.2008
CTC MEDIA ANNOUNCES EXPANSION INTO MOLDOVA
Moscow, Russia – October 03, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia's leading independent media company, announced today that it has completed the acquisition of a 51% interest in the broadcasting group: “Teledixi” SRL and “Muzic Ramil” SRL in Moldova for $4.1 million in cash. The channel is expected to re-launch in CTC format during the fourth quarter of 2008.
26.09.2008
CTC WINS NINE PRESTIGIOUS RUSSIAN TELEVISION ACADEMY AWARDS
Moscow, Russia – September 26, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia's leading independent media company, announced today that it has received Russia's most prestigious television award – TEFI 2008 – in nine categories.
29.07.2008
CTC MEDIA REPORTS SECOND QUARTER 2008 FINANCIAL RESULTS
Moscow, Russia – July 29, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia's leading independent media company, today reported financial results for the three- and six-month periods ended June 30, 2008.
22.07.2008
CTC MEDIA ANNOUNCED COMPLETION OF PRODUCTION ON THE NEW SEASON OF “MY FAIR NANNY”
Moscow, Russia – July 22, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia's leading independent media Company, announced that production on the new season of the popular sitcom “My Fair Nanny” has been completed for launch this fall and will mark the ninth season the show has aired on CTC Network.
10.07.2008
CTC MEDIA SCHEDULES SECOND QUARTER 2008 EARNINGS RELEASE AND CONFERENCE CALL
Moscow, Russia— July 10, 2008 — CTC Media, Inc. (NASDAQ: CTCM) will announce its financial results for the second quarter ended June 30, 2008 on Tuesday, July 29, 2008 before U.S. market hours.
30.06.2008
CTC MEDIA SIGNS US$135 MILLION TERM LOAN FACILITY
Moscow, Russia – June 30, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia's leading independent media company, announced the signing of a US$135 million amortizable syndicated term loan facility arranged by ABN AMRO Bank N.V., BNP Paribas, ING Bank N.V., Raiffeisen Zentralbank Österreich Aktiengesellschaft and ZAO Raiffeisenbank.
24.06.2008
ANTON KUDRYASHOV APPOINTED AS CHIEF EXECUTIVE OFFICER OF CTC MEDIA
Moscow, Russia – June 24, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia's leading independent media company, announced today that its Board of Directors has appointed Anton Kudryashov as the Company’s new Chief Executive Officer (CEO), effective August 4, 2008. Mr. Kudryashov’s appointment was a joint decision of the Board of Directors and Alexander Rodnyansky, the Company’s current CEO and President. Mr. Rodnyansky will remain as the Company’s President and will also join its Board of Directors, where he will continue to actively participate in the Company’s programming strategy, investor relations, and content procurement and development.
16.05.2008
CTC MEDIA APPOINTS VLADIMIR KARTASHKOV GENERAL DIRECTOR OF DTV GROUP
Moscow, Russia – May 16, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia's leading independent media company, announced that Vladimir Kartashkov has been appointed General Director of DTV Group.
29.04.2008
CTC MEDIA REPORTS FIRST QUARTER 2008 RESULTS
Moscow, Russia – April 29, 2008 – CTC Media, Inc. (NASDAQ: CTCM), a leading television broadcaster in Russia, today reported financial results for the three month period ended March 31, 2008.
17.04.2008
CTC MEDIA ANNOUNCES CLOSING OF DTV ACQUISITION
Moscow, Russia – April 17, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia’s leading independent television broadcaster, announced today that it completed the acquisition of the DTV Group from Modern Times Group MTG AB (“MTG”) on April 16, 2008.
10.04.2008
CTC MEDIA SCHEDULES FIRST QUARTER 2008 EARNINGS RELEASE AND CONFERENCE CALL
Moscow, Russia— April 10, 2008 — CTC Media, Inc. (NASDAQ: CTCM) will announce its financial results for the first quarter ended March 31, 2008 on Tuesday, April 29, 2008 before U.S. market hours.
07.04.2008
THE WALT DISNEY COMPANY AND CTC MEDIA CONCLUDE ENTERTAINMENT LICENSING AGREEMENT IN RUSSIA
Moscow, Russia – April 07, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia’s leading independent media company, has concluded a major, multi-year licensing agreement with The Walt Disney Company’s international TV licensing arm, Disney-ABC International Television. This agreement covers the licensing of features, live action series, animated series and made-for-TV movies for the CTC television network. The CTC Network - the flagship of CTC Media - is the fourth-most watched broadcaster in Russia with an average audience share of 11.3% in its target demographic (everyone aged 6-54) in 2007.
01.04.2008
CTC MEDIA RE-LAUNCHES CHANNEL 31 IN KAZAKHSTAN
Moscow, Russia – April 01, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia’s leading independent television broadcaster, announced today that it re-launched Channel 31 together with the local partner in Kazakhstan on March 31, 2008. Image, schedule and programming of the newly re-branded channel are now skewed to CTC format. The current programming schedule consists of CTC content (60% of air time), as well as local Kazakhstan programming and foreign content acquired specifically for Channel 31. The channel will broadcast some of CTC’s most popular sitcoms, such as The Nanny and Daddy’s Girls, as well as CTC’s original hit series Cadets, all of which have been very successful with Russian speaking audiences. A number of well-established and newly launched CTC shows will also air on Channel 31 including The Brainiest, Good Jokes, and Just Kidding Me. Significant amount of the air time will be devoted to programming in Kazakh language.
11.03.2008
CTC MEDIA TO ACQUIRE DTV GROUP
Moscow, Russia – March 11, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia’s leading independent television broadcaster, announced today that it has entered into a definitive agreement to acquire DTV Group (“DTV”) from Modern Times Group MTG AB (“MTG”) for a total cash consideration of approximately $395 million. DTV Group operates a national free-to-air television network and a group of 28 owned-and-operated stations in Russia. CTC Media currently expects the transaction to close by the end of the second quarter 2008, subject to customary conditions to closing, including anti-monopoly clearance.
28.02.2008
CTC MEDIA REPORTS 2007 FOURTH QUARTER AND FULL YEAR RESULTS
Moscow, Russia – February 28, 2008 – CTC Media, Inc. (NASDAQ: CTCM), a leading television broadcaster in Russia, today reported financial results for the full year and three month period ended December 31, 2007.
11.02.2008
CTC MEDIA SCHEDULES FOURTH QUARTER AND FULL-YEAR 2007 EARNINGS RELEASE AND CONFERENCE CALL
Moscow, Russia — February 11, 2008 — CTC Media, Inc. (NASDAQ: CTCM) will announce its financial results for the fourth quarter and full-year ended December 31, 2007 on Thursday, February 28, 2008 before U.S. market hours.
01.02.2008
CTC MEDIA SIGNS DEFINITIVE SHARE PURCHASE AGREEMENT TO ACQUIRE A PARTICIPATION INTEREST IN CHANNEL 31 GROUP
Moscow, Russia – February 01, 2008 – CTC Media, Inc. (NASDAQ: CTCM), Russia’s leading independent television broadcaster, announced today that it has signed a definitive share purchase agreement to acquire a 20% participation interest in Channel 31 and majority ownership positions in affiliate companies that will provide the advertising sales function and programming content for Channel 31. Subject to the receipt of applicable regulatory approvals, CTC Media expects the transaction to close in the first quarter of 2008 and to commence broadcasting in the CTC format on Channel 31 later in the same quarter.
18.01.2008
CTC MEDIA TO PARTICIPATE IN JPMORGAN AND RENAISSANCE CAPITAL ONE-ON-ONE INVESTOR CONFERENCES IN LONDON
Moscow, Russia – January 18, 2007 – CTC Media, Inc. (NASDAQ: CTCM) announced today that Alexander Rodnyansky, Chief Executive Officer, and Boris Podolsky, Chief Financial Officer, will take part in JPMorgan’s CEEMEA Corporate Access Days to be held on the 22nd and 23rd of January 2008, and in Renaissance Capital’s Telecoms, Media and Technology Sector Days to be held on the 24th and 25th of January, 2008. Both events will take place in London, UK. The conference format is individual one-on-one meetings.