OJSC Mediaholding has become an indirect owner of a 80% equity stake in OMT LLC, Mediaholding informed.
The company's voting power in its affiliate OMT's supreme management body through subsidiary company Gamma LLC exceeds 50%.
O2TV is the first Russian youth TV channel which started broadcasting in 2004. Today, about 30 million users in 3 thousand cities and settlements in 78 subjects of the Russian Federation have access to O2TV. The TV channel belongs to OJSC Mediaholding (tax number: 7706662633) whose shares have been traded on the MICEX stock exchange (the ODVA ticker) since 2008.
The authorized capital of Mediaholding is RUB 700 thousand represented by 700 million shares at par value of RUB 0.001. Stearway Limited has 27.14% of Mediaholding shares, Marstone Limited owns 25%, the stake of Streamball Trading Limited is 24.28%.
As of June 30, 2013 Mediaholding Group comprised OJSC Mediaholding, Accord LLC (O2TV TV channel, previously named O2TV LLC), Gamma LLC (production center), and OMT LLC.
RAS consolidated revenue of the Mediaholding group for 2012 grew by 63.5% year-on-year to RUB 317 million. Net profit was RUB 33.3 million, OIBDA amounted to RUB 18.2 million.
IFRS net profit of OJSC Mediaholding for H1 2013, according to the company's unaudited statement, dropped 30 times to RUB 1.743 million from RUB 52.324 million for the same period in 2012. Revenue grew by 33.5% to RUB 164.289 million from RUB 123.106 million.
RAS revenue of OJSC Mediaholding for H1 2013 grew 9.5-fold to RUB 83.61 million from RUB 8.755 million for the same period in 2012. Net profit was RUB 13 thousand against a net loss of RUB 157 thousand.
AK&M "M&A Market"
"AK&M", 30.09.2013 13:58