Founded in 1997, ProfMedia has become the major private investor in most sectors of the Russian media market, with consolidated revenue of $623MM in 2008. The company operates a nationwide chain of multiplexes under the brand Cinema Park, and owns a controlling stake in Central Partnership, Russia’s leading filmed content production and distribution company. ProfMedia's TV business is represented by national TV-network TV3, 2x2 TV animation channel, and musical TV-channels MTV Russia and VH1 Russia. The company also operates several FM-frequency radio stations in Moscow and St.-Petersburg, including its flagship Avtoradio station, as well as print media such as Afisha magazine publishing house. In addition, ProfMedia manages several internet properties, including Rambler.ru and Afisha.ru, and operates three television network brands: TV-3, Friday!, and 2x2, with all business functions handled by its subsidiary, PM Business Solutions.