MTS is in talks to buy an online cinema ivi

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AK&M 19 May 2022 16:32

MTS has been negotiating for several months to buy an ivi online cinema. It is not specified about what share we are talking about. The Kommersant newspaper writes about this.

ivi has about 15 shareholders-funds, the largest are Baring Vostok, Leonid Boguslavsky's RTP Global, Flashpoint and VTB. Ivi was created in 2010 by Oleg Tumanov. From April 11, 2022, he left the position of CEO, and from May 18 — and the head of the board of directors. Kommersant sources familiar with the situation say that together with the founder, who owned a minority stake, ivi left some of the other employees.

PJSC "Mobile TeleSystems" (MTS, TIN 7740000076) together with its subsidiaries serves about 100 million mobile subscribers in Russia, Armenia, Belarus, Ukraine, Turkmenistan. The company also provides fixed-line and cable TV services in all federal districts of Russia and in Ukraine. The authorized capital of MTS is 199.84 million rubles (1998381575 outstanding ordinary registered shares).

MTS revenue under IFRS for 2021 increased by 8% to RUB 534.4 billion from RUB 494.9 billion a year earlier. Adjusted OIBDA increased by 6.9% to RUB 229.78 billion from RUB 214.89 billion. Adjusted net profit in the share of AFK increased by 0.3% to 31.84 billion rubles from 31.75 billion rubles, operating profit – by 5.4% to 118.69 billion rubles from 112.64 billion rubles.

IVI is an online movie theater. The audience of the service exceeds 50 million unique users per month. IVI presents a wide professional catalog of films, TV series and animation. In total, the IVI catalog contains more than 100 thousand pieces of content from major Hollywood studios, as well as more than 400 Russian and international film producers.