This Day On The Street
Continue to site
ADVERTISEMENT
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

Yandex Acquires KinoPoisk

MOSCOW and THE HAGUE, Netherlands, Oct. 15, 2013 (GLOBE NEWSWIRE) -- Yandex (Nasdaq:YNDX) today announced the acquisition of KinoPoisk, the largest and most comprehensive Russian-language website dedicated to movies, television programs and celebrities. KinoPoisk's users can read expert and user-generated film reviews, discover most popular movies, watch trailers, get movie news and personalised recommendations, as well as show times and tickets. KinoPoisk has a worldwide monthly audience of 18.6 million users, according to comScore Media Metrix, and ranks as the 16th largest web property in Russia. There are over 100 million movie ratings on KinoPoisk and three million new ones are generated every month.

Using search personalisation algorithms and machine-learning technology along with KinoPoisk's content, Yandex will develop an extended movie recommendation system tailored to users' preferences and interests.

"Yandex is focused on providing the most comprehensive answers to users' questions, including by offering them relevant recommendations," said Dmitriy Stepanov, Head of Media Services at Yandex. "More and more often, consumers are turning to the Internet to get ideas on what movies and TV shows to watch. In order to provide high quality answers, we need to have deep knowledge of the subject matter. KinoPoisk has a huge collection of Russian-language information about films, TV shows, actors and directors, as well as users' and experts' reviews amassed over many years."

KinoPoisk will remain available at its current domain kinopoisk.ru while the team behind the service will be smoothly integrated into the Yandex team.

"Over the years, KinoPoisk has amassed an extremely comprehensive database of film information and recommendations," said Vitaliy Tatsiy, Co-founder and General Director of KinoPoisk. "Yandex's vast resources and technological expertise will help us to bring the recommendation service to a new level, extend its capabilities much more quickly and reach more cinema fans on a wide range of devices and platforms."

1 of 2

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
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs