MOSCOW, Nov. 27, 2013 (GLOBE NEWSWIRE) -- CTC Media, Inc. ("CTC Media" or the "Company") (Nasdaq:CTCM), Russia's leading independent media company, is expanding the presence of the international version of CTC in North America. Starting in November 2013, CTC-International is broadcasting on Bell, Canada's largest television operator.
CTC's programming grid in Canada is very close to the channel's original Russian version. The TV channel is available to Bell subscribers on the Bell Fibe cable service.
Currently, the Bell Fibe TV package includes over 50 channels from around the world and has subscribers in over 500 thousand households. Bell Fibe TV plans to increase its coverage to 5 million households by 2015.
Evgeny Kirichuk, CTC Media's International Broadcasting Director: "Canada has over half a million Russian-speaking residents. The demand for quality, Russian-language television content in this country is extraordinarily high. Thanks to Bell, CTC's entertainment projects will finally appear on many of the country's TV screens."
About CTC Media, Inc.
CTC Media is a leading Russian independent media company, with operations throughout Russia and elsewhere in the CIS. It operates three free-to-air television networks in Russia – CTC, Domashny and PERETZ – as well as Channel 31 in Kazakhstan, with a combined potential audience of over 150 million people. The international pay-TV version of the CTC channel is available in North America, Europe, Central Asia, Armenia, Georgia, Azerbaijan, the Middle East and Kyrgyzstan. PERETZ is also available in Belarus. CTC Media has a number of digital entertainment media assets: videomore.ru, domashniy.ru, ctc.ru, peretz.ru. The Company's common stock is traded on the NASDAQ Global Select Market under the symbol "CTCM". For more information on CTC Media, please visit www.ctcmedia.ru.
About Bell Canada Enterprises Inc.
Bell Canada Enterprises Inc. is a Canadian national communications operator serving over 28 million subscribers around the country. It provides pay TV services, telephone services, broadband internet, and internet telephony.