ProfMedia was founded in 1997 and nowadays is the largest diversified media holding in Russia. The holding comsolidated revenue in 2008 was $623MM. ProfMedia is the major private investor in most sectors of Russian media market. In film and entertainment, ProfMedia operates a nationwide chain of multiplexes under the brand Cinema Park and owns a controlling stake in Central Partnership, Russia’s leading filmed content production and distribution company. The holding’s TV business is represented by national TV-network TV3, a leading privately-owned commercial broadcasting company focused on entertainment and family-oriented programming; 2x2 TV animation channel, musical TV-channels MTV Russia and VH1 Russia. ProfMedia is one of the top players in Russian radio, operating a number of FM-frequency radio stations in Moscow and St.-Petersburg. Its flagship Avtoradio station. Prof-Media also operates Energy, Humor FM and Radio Alla radiostations. In print media, the holding owns a magazine publishing house Afisha (including such titles as Afisha magazine, Afisha-Mir, Afisha-Eda, the Bolshoi gorod (Big City) magazine, Afisha guidebooks). The most prominent internet properties include Rambler Media with its leading entertainment, community and multimedia services portal Rambler.ru; Afisha.ru (Russia’s No. 1 Internet entertainment portal) that is operated by Afisha publishing house.