Shares of Russian media company CTC Media (CTCM -15%) plummet after revising its FY2011 Y/Y...


Shares of Russian media company CTC Media (CTCM -15%) plummet after revising its FY2011 Y/Y revenue growth forecast from ~20% to ~15%, reflecting lower-than-expected audience share performance of its CTC channel and resulting lower advertising inventory levels anticipated for the full year. (PR)

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