RELATED-PARTY TRANSACTIONS	12 Months Ended
RELATED-PARTY TRANSACTIONS	Dec. 31, 2014
RELATED-PARTY TRANSACTIONS
RELATED-PARTY TRANSACTIONS	16. RELATED-PARTY TRANSACTIONS Transactions with principal stockholders Telcrest—Telcrest Investments Limited, a Cypriot company ("Telcrest"), became one of the Company's principal stockholders in June 2011. The beneficial owners of Telcrest, including Bank Rossiya (which is not affiliated with Rossiya television channel), have investments in Russian media businesses, including indirect ownership interests in Channel One, REN-TV, TRK 5 and Art Pictures Vision. Dividends declared and paid to Telcrest amounted to $20,569 and $24,916 in 2012 and 2013, respectively. In 2014, dividends declared to Telcrest of $27,684 were blocked pursuant to the US sanctions imposed on Bank Rossyia and LLC IC Abros described in Note 4. Modern Times Group MTG AB ("MTG")—. Dividends declared and paid to MTG amounted to $31,203, $37,806 and $42,006 in 2012, 2013 and 2014, respectively.

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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