Archive for the ‘News Media’ Category

CSKA Moscow Wins Euroleague Regular Season

Monday, February 1st, 2010

I have not been to a basketball game for a long time. Tonight, I went to one the most intriguing Euroleague regular season games: CSKA Moscow vs. Caja Laboral. The Moscow-based basketball club PBC CSKA has edged the Spanish team from Baskonia, Caja Laboral (formerly known as Tau Ceramica) 84 - ...

C-Media Acquires Online News Aggregation Service Newsland

Monday, February 1st, 2010

The entertainment magazine publisher C-Media is completing acquisition of online news aggregation service Newsland.ru from founder Mark Fedin. The deal was first announced by C-Media last November.

Forbes and Axel Springer Russia Win Forbes.ru Domain Name Suit

Monday, February 1st, 2010

Forbes Media and Axel Springer Russia, the Russian wholly-owned subsidiary of Axel Springer of Germany that publishes the Forbes magazine and Forbes Online in Russia under license from Forbes Media, have won a law suit for the Forbes.ru domain name. The current holder of the domain name will have to ...

Accel Partners, Mangrove Capital, Others Invest $20 Million in Russian Online Shopping Club KupiVIP.ru

Monday, February 1st, 2010

The online shopping club KupiVIP.ru, which is operated in Moscow by Privat Trade Ltd and organizes designer brand online sales in fashion and fashion accessories with large discounts off boutique prices, has raised $20 million in the third round of funding, KupiVIP.ru CEO Oskar Hartmann reported. The round was led ...

Allianz Rosno Invests $5 Million in Seismo-Shelf

Monday, February 1st, 2010

Allianz Rosno Asset Management venture capital fund New Technologies has invested $5 million in sea seismic survey technology company Seismo-Shelf, the asset management company reported.

GTA 4 and The Sims 3 in Top 10 Searches in Russia in 2009

Monday, February 1st, 2010

The leading Russian search engine Yandex, which holds over a half of Russian searches, has released a list of top searches (Zeitgeist Russia) in 2009. The searches for GTA 4 and The Sims 3, which are the names of the computer games GTA 4 released by Rockstar Games and The ...

Mangrove Capital, ABRT Invest Several Million in Drimmi, Russian Social Games Co.

Monday, February 1st, 2010

The Russian social games market has grown to $30 million in 2009 from almost zero in 2008. The half of the market is currently taken by Vesely Fermer (Cheerful Farmer), the most popular game on Russia’s leading social network VKontakte. On one hand, such a game generates about $1 million ...

Google Reaches 10% of Russian Contextual Advertising Market

Monday, February 1st, 2010

The Russian contextual advertising market was up 13% year-on-year to 9.61 billion Rubles ($302 million) in 2009. Yandex holds 78% of the market, ahead of Begun with 11% share and Google with 10% share. Due to Ruble devaluation, the contextual advertising spending in USD were actually down from $344 million ...

Cocktail to Friend is Most Popular Russian Social Network Application

Monday, February 1st, 2010

The Russian social network application on Vkontakte.ru when a user can send a virtual cocktail to a friend called “Cocktail to a Friend” (Cocktail2Friend) has become the most popular social network application in Russia. Vkontakte is Russia’s #1 social network with over 59 million registered users. It released API for ...

UFG Private Equity Buys Out KinoStar Cinema Chain from National Amusements

Thursday, January 14th, 2010

Russian private equity firm UFG Private Equity together with Shari Redstone has bought out Rising Star Media that operates Kinostar De Lux chain of movie theaters in Russia from National Amusements, Inc and Soquel Ventures of Paul Heth.