Around the Net Is Hollywood's Route To Russian VOD

Russian video aggregator is raising $40 million more. The money will be used to license TV and movie content, as investors hope decreasing piracy and willingness to pay for content can make for success. The investment advisory shop GP Bullhound’s recent 2012 Russia market report said was raising $30 million from Tiger Global and ru-net, in February. That this round has become larger, and joined by Baring Vostok in the lead, suggests investor confidence in’s prospects.

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