Russia’s Gazprom Media paid a total of $602 million for the ProfMedia business, which includes the TV channels TV3, Pyatnitsa and 2×2.
Gazprom buys ProfMedia
Gazprom-Media has strengthened its position in the Russian TV market by acquiring the assets of ProfMedia for an undisclosed fee.
Strong year for ProfMedia
Russia’s ProfMedia had revenues of R7 billion (€172.4 million) for its three channels MTV, TV3 and 2×2 in 2012.
Change at the top for ProfMedia
Russia’s ProfMedia has decided to appoint Vladimir Riabokon as its new president.
ProfMedia denies sale
The Russian media group ProfMedia has denied reports that it plans to sell its TV channels 2×2, MTV Russia and TV3.
ProfMedia restructures TV assets
The Russian holding company ProfMedia is combining all its TV interests into one group.