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RuTube Founders Exit at $15 Million Valuation

Files under: News, Tech, Web 2.0
Posted by: Yakov @ 09:49 [6. 03. 08]

The leading Russian media holding Gazprom-Media is closing a deal to acquire a majority stake in the largest Russian independent online video community site RuTube valuing the business at $15 million, reports business daily Kommersant today. As a part of the deal, the buyer would also invest several million dollars in the RuTube business. The [...]