RuTube Acquired For $15 Million

TECH CRUNCH -- Nov 19 -- Russia's media conglomerate, Gazprom Media, is now the owner of video-sharing site RuTube. This deal has been in the works since at least June, 2007 and is believed to be in the $15 million range. RuTube is the YouTube of Russia. Or, rather, it wants to be. RuTube attracted 2m unique visitors in Russia, versus 2.9m Russian uniques for YouTube. FULL ARTICLE @ TECH CRUNCH