CTC Media enters into agreement to sell 75% interest in operating businesses September 25 2015
MTG notes the announcement today by CTC Media, Inc., Russia's leading independent media company of which MTG owns 37.9%, that it has entered into a definitive agreement to sell a 75% interest in its operating businesses. CTC Media's full announcement can be found at http://www.ctcmedia.ru/press-center/releases. CTC Media's common stock is traded on the NASDAQ Global Select Market under the symbol CTCM .
MTG accounts for its interest in CTC Media as a discontinued operation' and discloses this as a separate line item in its accounts.
PDF version - CTC Media enters into agreement to sell 75% interest in operating businesses
More from MTG
20/01/2016
Q4 and full year 2015 conference call invitation January 20 2016
MTG will publish its financial results for the fourth quarter and full year 2015 at 07:30 CET...
18/12/2015
CTC Media announces approval from Special Meeting of Stockholders December 17 2015
MTG notes the announcement today by CTC Media, Inc., Russia's leading i...
03/12/2015
MTG accelerates digital development Senior management changes December 3 2015
Following MTG's investment in a number of scale new digital ventures and r...
12/11/2015
MTG acquires DreamHack November 12 2015
MTG has simultaneously agreed and completed the acquisition of DreamHack, which is one of the world's largest espo...
01/11/2015
MTG completes the sale of its Hungarian free-TV channels October 30 2015
MTG has today completed the sale of its Hungarian free-TV operations, comprising the ...
27/10/2015
MTG sells Russian & international pay-TV channels businesses October 26 2015
MTG today announced that it has simultaneously signed and completed the sale of i...
13/10/2015
MTG wins rights to Spanish, Italian and French top tier football leagues October 13 2015
MTG has acquired the exclusive broadcast and online rights across the...
07/10/2015
Nomination Committee convened ahead of 2016 Annual General Meeting October 7 2015
In accordance with the resolution of the 2015 Annual General Meeting of MTG ...
03/10/2015
MTG wins another 3 years of English Premier League October 2 2015
MTG has won the exclusive rights to show live coverage of English Premier League football ma...
25/09/2015
CTC Media enters into agreement to sell 75% interest in operating businesses September 25 2015
MTG notes the announcement today by CTC Media, Inc., Russia'...
01/09/2015
MTG completes the acquisition of Turtle Entertainment September 1 2015
MTG has today completed the acquisition of the shares in Turtle Entertainment, the worl...
24/08/2015
MTG takes next step in strategic transformation August 24 2015
MTG is today taking the next step in its strategic transformation by launching a restructuring ...
21/07/2015
MTG to show NHL ice hockey until 2021 and 2016 World Cup of Hockey July 20 2015
MTG and the National Hockey League (NHL ) today announced a five-year partners...
06/07/2015
MTG notes announcement by CTC Media & changes accounting for holding July 6 2015
MTG notes the announcement by CTC Media, Inc., the leading Russian independen...
05/06/2015
Temporary senior management change June 4 2015
Mathias Hermansson will be taking a sabbatical from his role as MTG Chief Financial Officer between 18 June and...
20/05/2015
2015 Annual General Meeting of shareholders May 19 2015
MTG today announced that the 2015 Annual General Meeting (the Meeting ) of shareholders, which was he...
20/05/2015
MTG management changes May 20 2015
MTG has today made changes to its management structure, in order to further integrate the Group's activities and bring ...
06/05/2015
The MTG Nomination Committee amends its proposal regarding election of Board of ...
28/04/2015
MTG launches Corporate Responsibility Report 2014 April 28 2015
MTG's Corporate Responsibility Report for 2014 is now available on MTG's homepage. The...
28/04/2015
MTG launches programmatic platform April 28 2015
MTG has launched a programmatic trading platform called VideoRange. The new platform is now providing automat...
16/04/2015
The MTG Nomination Committee's proposal regarding election of the Board April 16 2015
In advance of the Modern Times Group MTG AB (publ) ( MTG ) Annual Ge...
15/04/2015
MTG to show UEFA Champions League football in Finland April 15 2015
MTG will show all the matches from UEFA Champions League in Finland for three years starti...
08/04/2015
Annual Report 2014 April 7 2015
MTG has published its 2014 annual report. English and Swedish versions of the Annual Report are available on MTG's homepag...
10/03/2015
Change in MTG management March 9 2015
Petra sterlund, MTG Executive Vice President of Modern People, has decided to leave MTG. Her current responsibilities wi...
05/03/2015
MTG appoints new Executive Vice President of Programming & Content Development March 4 2015
Jakob Mejlhede Andersen has been appointed as Executive Vice Presid...
05/03/2015
CTC Media Board appointments March 5 2015
MTG has designated two new members to the Board of Directors of CTC Media, Inc, of which MTG owns 37.9%. Natasha Tsuk...
16/02/2015
MTG sells stake in Sappa February 16 2015
MTG has completed the sale of its 50% stake in Swedish cable TV company Sappa to Finnish telecom operator Anvia for a...
11/02/2015
MTG to sell Hungarian free-TV channels February 11 2015
MTG has signed an agreement to sell its Hungarian free-TV operations, comprising the channels VIASAT3 a...
21/01/2015
Q4 and full year 2014 conference call invitation January 21 2015
MTG will publish its financial results for the fourth quarter and full year 2014 at 07:30 CET,...
02/12/2014
MTG's online streaming service Viaplay enters a partnership with Swedish telecom operator Tele2, enabling Tele2 to offer Viaplay to their 3.7 million Swedis...
02/12/2014
MTG announces that it has reached an agreement to extend its exclusive rights to the PGA European tour, the Ryder Cup, The World Golf Championships, the British...
01/12/2014
The Russian digital satellite TV platform Raduga TV will stop its broadcasting services on 5 December 2014, as it has not been granted the required broadcasting...
14/11/2014
MTG will host its 2014 Capital Markets Day on Tuesday 2 December 2014 at M nchenbryggeriet in Stockholm. The day will feature presentations by members of MTG...
15/10/2014
The proposed amendments to the Russian Mass Media law have now become law following their signature by the Russian President. The amendments reduce the permitte...
15/10/2014
MTG forms an alliance with several other European media companies, including ProSiebenSat1, Channel 4, and TF1, to identify investment opportunities in new digi...
09/10/2014
MTG will publish its financial results for the third quarter and first nine months of 2014 at 07:30 CET, on Thursday October 23. MTG will hold a conference call...
01/10/2014
MTG's Viaplay has secured the exclusive stand-alone video on demand rights to programming from top children's entertainment brand Nickelodeon in the Nor...
30/09/2014
Today MTG launches a new corporate identity and core values, complemented by a new logo and graphical profile. By doing this, we are aligning our business goals...
26/09/2014
Modern Times Group MTG AB (publ.) ( MTG' or the Group'), the international entertainment group, today announces that MTG President & CEO J rgen Madsen ...
26/09/2014
Modern Times Group MTG AB (publ.) ( MTG' or the Group'), the international entertainment group, notes the announcement from CTC Media, Inc., of which M...
11/09/2014
Modern Times Group MTG AB (publ.), the international entertainment group, today announced that it has prolonged its exclusive broadcasting and online rights to ...
11/09/2014
Modern Times Group MTG AB (publ.), the international entertainment group, will host a Capital Markets Day on Tuesday 2 December 2014 at M nchenbryggeriet in Sto...
04/09/2014
Modern Times Group MTG AB (publ.), the international entertainment group, today announced that it has signed a content distribution agreement with next-generati...
03/07/2014
Modern Times Group MTG AB (publ.) ( MTG' or the Group'), the international entertainment group, will publish its financial results for the second quart...
26/06/2014
Modern Times Group MTG AB (publ.) ( MTG' or the Group'), the international entertainment group, today announced that it has prolonged its exclusive rig...
26/06/2014
Modern Times Group MTG AB (publ.) ( MTG' or the Group'), the international entertainment group, today announced that it has completed the acquisition o...
16/06/2014
Modern Times Group MTG AB (publ.) ( MTG' or the Group'), the international entertainment group, today announced that TV1000 Russian Kino launched in Is...
09/06/2014
Modern Times Group MTG AB (publ.) ( MTG' or the Group'), the international entertainment group, today announced that its Q2 2014 financial results will...
27/05/2014
Modern Times Group MTG AB (publ.) ( MTG' or the Group'), the internatio...
23/05/2014
Modern Times Group MTG AB (publ.) ( MTG' or the Group'), the international entertainment group, today announced the appointment of Anders Jensen as Exe...
CTC Media enters into agreement to sell 75% interest in operating businesses September 25 2015
