June 21, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — CTC Media, Inc. (NASDAQ: CTCM) has launched the CTC-International channel in Israel. The channel is distributed on the Yes satellite platform and the HOT cable network, which have a combined total of approximately 120,000 Russian-speaking subscribers.

CTC Media has signed two-year non-exclusive distribution agreements with the broadcasters.

The international version of CTC, which was launched in the U.S. in December 2009, is a 24-hour a day family entertainment channel with a broad range of high quality programming content from the CTC, Domashny and DTV channels.

Some 1 million people, or 13% of the Israeli population, is Russian-speaking, estimated CTC, which guesses overall pay-TV market revenues at $230 million for the full year.

CTC Media is a leading independent media company in Russia, and also has operations in a number of other CIS countries.

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