In partnership with East-West Digital News, Midem, the leading international b2b event dedicated to the new music and entertainment ecosystems, cordially invites Russian startups to the Midemlab competition. This event will take place in Cannes, France, from June 5 to June 8. The deadline for submissions is March 10, 2015. If you have a built the next solution that will …
Midemlab contest 2015: A call to Russian startups Read More »
Popular music streaming service Spotify has canceled plans to open offices and launch their service in Russia, just one year after registering a subsidiary in Russia. Spotify reportedly last year hired Alexander Kubaneishvili, a former Google executive, to head their Russian business and were already in negotiations with local mobile operators.
Online media consumption is a major part of the Russian Internet. This is due in large part to the average user accessing videos through their social media accounts. Most Russian social networking sites also provide users with free (and now legal) ways to watch their favorite TV shows and movies online. Recent eMarketer research confirms that …
Russians are world leaders in online video viewing Read More »
CTC Media, a major Russian media company, yesterday announced the acquisition of a majority stake in CarambaTV, a producer of digital and transmedia content. CTC Media acquired a 51% stake for 148 million rubles (approximately $2.2 million at the current exchange rate). The transaction included the Carambatv.ru and +100500 websites, which together attract over 2 million unique visitors each …
CTC Media acquires online video content provider CarambaTV Read More »