Russia’s media conglomerate, Gazprom Media, is now the proud 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. According to comScore, YouTube is actually the YouTube of Russia. In September, RuTube attracted 2 million unique visitors in… → Read More