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Gameland Acquires AllHockey.ru

Files under: News
Posted by: Yakov @ 13:12 [21. 07. 08]

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.

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