The leading Russian “interest media” publisher, Gameland, acquired a popular hockey website, AllHockey.ru, for ca. $0.5 million, reported business daily Kommersant.
AllHockey.ru was founded in March 2007 by a team that previously co-founded a football site, Championat.ru, now the leading Russian sports site. Championat.ru was acquired by SUP in November 2006.
Gameland publishes 19 magazine titles and runs 10 online properties with a total audience of 6.5 million. The company reported revenues of $22 million in 2007. It launched a TV channel for gamers, Gameland TV, in February 2008.
Gameland raised $2 million from Mint Capital in 2003. The company raised additional $12 million from Troika Capital Partners in September 2007.