Russia’s CTC Media has posted total operating revenues of $104,121,000 (€76,293,094) for Q1 2007, or 31.4% more than in the corresponding period in 2006. At the same time, its net income was up by 24.1% to $28,123,000. CTC Media, which lists Sweden’s Modern Times Group (MTG) as a 40% shareholder, saw the audience share for its Domashny Network, a thematic channel aimed at a female audience, rise from 1.5% to 1.9% in Q1 2007. However, that for its flagship service CTC Network, though up from 9% to 9.3% in the same period, was down on the 10.8% recorded in Q1 2006 when one particular show – Born not pretty – was enjoying high ratings.
