ctc media posts 2q 2011 net profit of 385 million
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

CTC Media posts 2Q 2011 net profit of $38.5 million

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice CTC Media posts 2Q 2011 net profit of $38.5 million

Moscow - Arabstoday

Russian TV media operator CTC Media has posted a 2Q 2011 net income of $38.5 million under U.S. GAAP. The bottom line is up 84% from the 2Q 2010 net income of $20.9 million, with 2Q 2011 OIBDA increasing 82% year on year to $66 million, on the back of total operating revenues rising 57% to $204.5 million from $130.5 million posted in 2Q 2010. Anton Kudryashov, Chief Executive Officer of CTC Media, said the company’s financials reflected growing popularity of TV advertising in Russia, as well as success of the new TV projects. “We have fully captured the growth in the Russian TV advertising market in the second quarter, with healthy demand levels and rising prices for our premium audiences. Our national Russian TV advertising market share and blended power ratio have remained stable despite the higher audience shares achieved by the smaller non free-to-air TV channels. Our Russian channels were 100% sold-out in the second quarter, and are now over 90% sold-out for the full year at significantly higher prices than in 2010.The Russian Spring schedule performed well while our key formats were on air, and our soon to be launched Fall schedule includes prime-time premieres across various genres including original productions, adaptations of successful international formats, and new seasons of hit series. In addition, we will refresh the DTV format with a new programming and communications platform in October. Channel 31 in Kazakhstan has performed ahead of expectations with substantially increased ratings driving a 68% year-on-year increase in CIS revenues in US dollar terms.” Kudryashov also expected that FY results of CTC Media will follow this upward trend, noting that they are expanding the scale of investment. “The investments that we have made in our internal sales house and state-of-the-art broadcasting facility will ensure that we are well-positioned to capitalize further on the growth and development of the Russian broadcasting industry. The new play-out facility, which is the first of its kind in Russia, is able to programme and broadcast up to 21 independent channels and meet all of the Company’s broadcasting requirements from a single location. The facility’s flexible cross-platform distribution and content digitalization capabilities will also contribute to the growth of Videomore, which has already attracted 10 million unique users.”

GMT 01:15 2018 Wednesday ,24 January

Bollywood actor gets engaged to long-time girlfriend

GMT 08:31 2018 Monday ,22 January

Candypants appoints JPR Media Group

GMT 23:09 2018 Saturday ,20 January

Famed photographer Mario Testino accused

GMT 22:22 2018 Thursday ,18 January

Lebanon bans Spielberg film and adventurer biopic

GMT 19:44 2018 Thursday ,18 January

Michael Douglas, James Franco deny

GMT 19:39 2018 Thursday ,18 January

Hollywood gets party season started
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ctc media posts 2q 2011 net profit of 385 million ctc media posts 2q 2011 net profit of 385 million

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ctc media posts 2q 2011 net profit of 385 million ctc media posts 2q 2011 net profit of 385 million

 



GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 06:15 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 09:54 2018 Wednesday ,24 January

'Friendly and kind' N. Korean skaters

GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 10:56 2017 Tuesday ,21 March

MP amongst Palestinians kidnapped by IOF overnight

GMT 18:05 2012 Friday ,09 November

Rome film fest favours emerging directors

GMT 12:19 2016 Monday ,28 March

Japan loses track of $273m black hole satellite

GMT 21:39 2017 Monday ,06 March

Arab Movement forces control Timbuktu

GMT 14:13 2017 Saturday ,11 March

CHELSEA Beat SWANSEA City 3-1

GMT 09:09 2017 Thursday ,21 September

Kagawa leads Dortmund 'fire engine' back

GMT 06:43 2017 Thursday ,23 March

Wael Jassar says he still works with Arabica

GMT 07:41 2017 Thursday ,16 March

IOF raid West Bank, injure five, arrest 23 by dawn

GMT 12:37 2017 Wednesday ,15 March

Antarctic penguin numbers
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice