CTC Media Announces Executive Appointment

MOSCOW, Nov. 24, 2014 (GLOBE NEWSWIRE) -- CTC Media Inc. ("CTC Media" or the "Company") CTCM, a leading Russian independent media company, appointed Ruben Oganesyan the Head of Peretz Channel effective December 11, 2014.

Ruben brings a wealth of experience in television. Since his appointment as the Chief Executive of U TV Channel in 2013, he has successfully repositioned it as a television channel for girls. Before joining UTH Russia, Mr. Oganesyan was Director of On – Air Promotion Department of TNT Channel from 2007 till 2013.

Starting January 1, 2015, Ruben Oganesyan will also assume the role of Deputy CEO for Strategic Marketing of CTC Media. Ruben will be in charge of broadcast and promotional marketing, as well as advertising campaigns for all CTC Media's channels and their projects.

Yuliana Slashcheva, Chief Executive Officer of CTC Media: "Ruben has a successful track record in working with gender-specific television channels, such as Peretz, and he is one of national leaders in TV marketing. I believe that Ruben will help Peretz to get to a new level, and being Deputy CEO for Strategic Marketing will be able to maintain the highest standards of CTC Media and give new and outrageous ideas to the Marketing Department.

I would like to thank Dmitry Troitsky for his contribution, for the search for the new content of the channel which he started. I am certain that we will continue it."

Ruben Oganesyan: "I have a great interest in challenging tasks the management of CTC Media sets, such as Peretz TV channel management and marketing strategy of the whole Company. TV Channel Peretz is close to me, because I am a part of its audience and that means I can do what I personally like. I love television and marketing, and I'm very happy to have an opportunity to apply my knowledge and expertise on a larger scale. I am confident that I will be able to bring Peretz's development up to speed, and successfully promote all four TV channels of CTC Media by means of marketing. It's great!"

Dmitry Troitsky, Head of Peretz Channel, decided to leave the company effective December 10, 2014.

Dmitry Troitsky: "We put a tremendous effort in transforming Daryal TV into Peretz Channel. Over the last few years, Peretz has become one of the most remarkable brands in the Russian television, and I am very happy to put it in good hands."

Ruben Oganesyan — Executive Biography

In 2014, Ruben Oganesyan received the Russian Media Manager 2014 award for successfully repositioning the U TV Channel and bringing it to a fundamentally new level.

Between February, 2013 and November, 2014 Oganesyan was CEO of U TV Channel. Mr. Oganesyan was Director of On – Air Promotion Department of TNT Channel from 2007 till 2012, where Ruben and his team at U TV received multiple PROMAX awards.

Between 2005 and 2007, Ruben worked in BBDO Moscow Advertising Agency. Between 2002 and 2007, Ruben was a leading writer of Rozygrysh program and many other TV projects. Between 1998 and 2001, Ruben was a copywriter with Radio 7 on 7 Hills.

Ruben Oganesyan holds a degree in Mathematical Economics from Plekhanov Russian Academy of Economics.

About CTC Media

CTC Media is the leading Russian independent media company. The group manages four television channels in Russia (CTC, Domashny, Peretz and CTC Love) as well as Channel 31 in Kazakhstan and a TV company in Moldova with combined audience over 150 million viewers. The international version of CTC Channel is available in North America, Europe, Central Asia, Armenia, Georgia, Azerbaijan, the Middle East and Kyrgyzstan. CTC Media also owns several digital entertainment media assets including videomore.ru, domashniy.ru, ctc.ru and peretz.ru. CTC Media is publicly traded on NASDAQ under the symbol CTCM.​

For further details, please visit www.ctcmedia.ru or contact:

CTC Media, Inc.

Investors
Nickolai Ivanov
Head of Investor Relations
+7 495 981 0740
ir@ctcmedia.ru

Media Relations
Igor Ivanov
Press Secretary
+7 (495) 785 63 47, ext. 4352,
+ 7 (985) 763 00 85
pr@ctcmedia.ru