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Central European Media Enterprises
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Central European Media Enterprises
Central European Media Enterprises Ltd. (CME) is a media and entertainment company that operates television channels in seven geographic areas: Bulgaria, Croatia, Czech Republic, Romania and Moldova, Slovakia, and Slovenia. Until its acquisition by PPF Group N.V. in October 2020, the company was listed on NASDAQ and Prague Stock Exchange under the ticker symbol CETV. It has since been delisted.
Central European Media Enterprises Ltd. was co-founded in 1991 by Americans Ronald Lauder and Mark Palmer in Germany as CEDC GmbH (Central European Development Corporation), and later changed its name and reincorporated in the Netherlands as Central European Media Enterprises (CME). It started broadcasting its first channel in the Czech Republic in 1994.
On 23 March 2009, Time Warner announced it would invest $241.5 million in CME for a 31% stake. By 2Q 2013, Time Warner had acquired a controlling interest in CME in a series of transactions.
In October 2019, AT&T signed an agreement to sell WarnerMedia's stake to PPF. The transaction valued at $2.1 billion was completed in October 2020.
In February 2010 CME has reached an agreement to acquire bTV, Bulgaria's first national private television station for $400 million from News Corporation.
On 14 February 2022, Central European Media Enterprises announced buying RTL Hrvatska from RTL Group for €50 million. The transaction was closed on 1 June 2022.
CME is the broadcast market leader in most countries where it has television stations. CME currently operates 46 television channels broadcasting to approximately 49 million people across 7 geographic segments. CME develops and produces content for its television channels, and its content is also consumed through subscription and advertising VOD. It also operates the Voyo streaming platform that provides on demand local content in all of CME’s geographic regions. Since November 2024 Voyo operates also in Serbia.
Since 2021, original series and feature films have been launched on Voyo under the brand Voyo Originals, featuring content that is exclusively accessible on this platform. For example The criminal miniseires The Roubal Case inspired by the truth story of serial killer named Ivan Roubal or comedy series Sex O'Clock.
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Central European Media Enterprises
Central European Media Enterprises Ltd. (CME) is a media and entertainment company that operates television channels in seven geographic areas: Bulgaria, Croatia, Czech Republic, Romania and Moldova, Slovakia, and Slovenia. Until its acquisition by PPF Group N.V. in October 2020, the company was listed on NASDAQ and Prague Stock Exchange under the ticker symbol CETV. It has since been delisted.
Central European Media Enterprises Ltd. was co-founded in 1991 by Americans Ronald Lauder and Mark Palmer in Germany as CEDC GmbH (Central European Development Corporation), and later changed its name and reincorporated in the Netherlands as Central European Media Enterprises (CME). It started broadcasting its first channel in the Czech Republic in 1994.
On 23 March 2009, Time Warner announced it would invest $241.5 million in CME for a 31% stake. By 2Q 2013, Time Warner had acquired a controlling interest in CME in a series of transactions.
In October 2019, AT&T signed an agreement to sell WarnerMedia's stake to PPF. The transaction valued at $2.1 billion was completed in October 2020.
In February 2010 CME has reached an agreement to acquire bTV, Bulgaria's first national private television station for $400 million from News Corporation.
On 14 February 2022, Central European Media Enterprises announced buying RTL Hrvatska from RTL Group for €50 million. The transaction was closed on 1 June 2022.
CME is the broadcast market leader in most countries where it has television stations. CME currently operates 46 television channels broadcasting to approximately 49 million people across 7 geographic segments. CME develops and produces content for its television channels, and its content is also consumed through subscription and advertising VOD. It also operates the Voyo streaming platform that provides on demand local content in all of CME’s geographic regions. Since November 2024 Voyo operates also in Serbia.
Since 2021, original series and feature films have been launched on Voyo under the brand Voyo Originals, featuring content that is exclusively accessible on this platform. For example The criminal miniseires The Roubal Case inspired by the truth story of serial killer named Ivan Roubal or comedy series Sex O'Clock.
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