MOSCOW, Jan. 27, 2014 (GLOBE NEWSWIRE) -- CTC Media, Inc. ("CTC Media" or the "Company") (Nasdaq:CTCM) announces the beginning of broadcasting the international version of the PERETZ television channel in Kyrgyzstan. In January 2014, the television and radio company "Evropa-Azia" became CTC Media, Inc.'s cable network broadcasting partner for "PERETZ International" in the Republic.
Sergey Petrov, Chief Broadcasting Officer for CTC Media, Inc.: "Expanding CTC Media channels' internationally broadcasting is part of the Company's long-term strategy. "Evropa-Azia" already owns the rights to distribute the CTC television channel's signal in Kyrgyzstan. PERETZ is now available in the country's main cable networks and we plan on continuing to dynamically develop our technical penetration. In 2014 PERETZ's viewers will see quite a lot of new programs and genres."
Ayder Bekirov, CEO of "Evropa-Azia": "We have been successfully working with CTC Media since 2012. I am certain that PERETZ will not disappoint Kyrgyz viewers and will give us all a great deal of vividly positive emotions."
To note, PERETZ's international version started broadcasting in Belarus in 2013.
About CTC Media
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 and a TV company in Moldova, 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.
"Evropa-Azia" is a TV and radio company, a part of Media group "Europa" operating in Kyrgyzstan since 1996.