CTC Media, Inc. (CTCM) Reports Q2 EPS of $0.20

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CTC Media Announces Financial Results for the Second Quarter and Six Months Ended June 30, 2014

July 31, 2014 6:00 AM EDT

MOSCOW, July 31, 2014 (GLOBE NEWSWIRE) -- CTC Media, Inc. ("CTC Media" or "the Company") (Nasdaq: CTCM), Russia's leading independent media company, today announced its unaudited consolidated financial results for the second quarter and six months ended June 30, 2014.

  Three Months Ended June 30, Change (In thousands of US$, except per share data) 2013 2014 in USD in RUB           Total operating revenues $206,015 $184,312 (11)% (1)% Including:         Advertising revenues $199,554 $182,495 (9)%... More

CTC and Domashny Agreed on Terms of Broadcasting for the Second Multiplex

July 31, 2014 4:20 AM EDT

MOSCOW, July 31, 2014 (GLOBE NEWSWIRE) -- Russia's leading independent media company CTC Media Inc. (Nasdaq: CTCM), announced new agreements with Russian Television and Radio Broadcasting Network (RTRS) establishing terms and conditions for participation of CTC and Domashny channels in the second multiplex of Russian digital television broadcasting system.

Yuliana Slashcheva, Chief Executive Officer of CTC Media, commented, "Active stance of CTC Media and coordinated effort of all market players helped to ensure the revision of digitization program schedule, with its full launch now postponed from 2015 to... More