RuTube Deal Near?

By Sergio Published on .

Gazprom-Media reportedly is close to finalizing a deal to acquire RuTube, Russia’s version of YouTube, for $15 million, NewTeeVee says. The Web video site draws about 5.5 million users per month. Reports of the deal between the two companies surfaced in January, when RuTube was valued at about $20 million.
-Sergio Ibarra
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