The Russian commercial broadcaster CTC Media took full advantage of the recovery in the TV ad market in the second quarter, though the audience shares of its channels were either own or stable.
Results published by the company, which list MTG as its main shareholder, show that it had total operating revenues of $204,480,000 (€143,554,000) as reported in Q2, as opposed to $130,499,000 (+57%) in the same period 12 months earlier.
Its OIBDA was $65,954,000 (+82%) and net income $38,488,000 (+84%). The CTC channel had an average audience share of 11.1% in the second quarter (11.5% a year earlier) in the 6-54 age group and 11.7% (12.4%) among viewers aged 14-44.
Domashny meanwhile claimed 3.1% (3.5%) and DTV 2.1% (2.1%). CTC Media’s Kazakh operation Channel 31 performed better, with an average audience share of 15.8% (12.2%).
