CTC Media, Inc. operates as a commercial television broadcaster in Russia that airs targeted entertainment programming. It operates two networks, the CTC and the Domashny television networks. The CTC Network offers entertainment programming targeted at 6-54 year-old viewers. The Domashny Network offers programming with a focus on issues of interest to women, such as health, raising children, family and career, and style and fashion, as well as Russian movies and foreign series principally targeted at 25-60 year-old female viewers. CTC’s signal is broadcast by approximately 300 television stations and local cable operators, including 14 owned-and-operated stations and 17 unmanned...