russia, gazprom media, rutube, youtube, video sharing, GazProm media acquisition

gazprom media

rutube logo

Apparently, video sharing sites can sell at a nice price where ever you are.  Russian media giant GazProm has just completed their acquisition of the RuTube, a russian video site aspiring to be YouTube.

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gigaom, giga omni media, om malik, blogs, newteevee, earth2tech, ostatic, webworkerdaily

gigaom giga omni media om malik blogs new tee vee

Om Malik, founder of Giga Omni Media announced earlier today their completion of another venture capital round worth $4.5 million.