CTC Media, Inc (Nasdaq:CTCM) announces that the Company is revising its full year total revenues growth forecast for 2011 from approximately 20% growth year-on-year, to approximately 15% growth year-on-year, in ruble terms, when adjusting the 2010 revenues to exclude commissions payable to Video International for the direct sales of CTC Media's advertising inventory in Russia in 2010.
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September 23rd, 2011 at 09:07 am