This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

CTC Media Financial Results For The First Quarter Ended March 31, 2013

The CTC channel was the third most-watched broadcaster in Russia in the first quarter of 2013, with an average target audience share of 11.3% (Q1 2012: 12.7%). The channel, however, increased its target audience share compared with the fourth quarter of 2012. The year-on-year decline in the target audience share reflected overall audience fragmentation, increased competition and the later scheduled timing of the launch of the channel's high-rating premieres compared to the first quarter of 2012.

The Domashny channel's target audience share decreased year-on-year in the first quarter of 2013 from 3.7% to 3.0%, reflecting changes in the programming grid due to an increased focus on younger audiences and increased competition from other channels. In Q1 2013 the age segment "Women 4-24" in Domashny's audience profile was up by 10% year-on-year and the segment "Women 25-35" was up 14% year-on-year. The structural qualitative changes in the Domashny audience attracted new advertisers to the channel in the first quarter of 2013, including those that historically did not allocate their ad budgets to television.

The Peretz channel's target audience share decreased year-on-year year in the first quarter of 2013 from 2.8% to 2.5%, primarily due to increased competition, but was up from 2.3% in the fourth quarter of 2012. Peretz channel is continuing to develop its positioning, brand and programming grid in 2013 with a focus on edgy and comedy programming.

Our Russian channels' target audience shares were affected by continued audience fragmentation and increased competition. All larger national free-to-air TV channels in Russia were negatively impacted by increased competition from smaller non-free-to-air and local TV channels' viewership, which increased from 12.6% in 2010 to 14.5% in 2011, 15.3% in 2012 and 17.0% in the first quarter of 2013 among viewers above 4 years old.

Channel 31's average target audience share was slightly down year-on-year in the first quarter to 13.4% from 14.5% due to increased competition from other channels.
  Three months Change
  ended March 31,    
(US$ 000's) 2012 2013 in USD in RUB
Operating revenues:        
Advertising revenue $180,669 $180,669 5% 7%
Sublicensing revenue 9,241 3,903 -58% -57%
Other revenue 1,210 1,352 12% 13%
Total operating revenues $191,120 $195,287 2% 4%

From January 1, 2013, the Company has changed the structure of its reportable segments following the reorganization of reporting financial information to make operating decisions. See "Changes in Reportable Segments," below.

3 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs