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Central European Media Enterprises (CME)

Central European Media Enterprises (CME) is a media and entertainment company operating television stations in five Central and Eastern European countries.

CME’s operations include 30 television channels broadcasting to approximately 45 million people across five markets: Bulgaria, the Czech Republic, Romania, Slovakia, and Slovenia. In addition to broadcasting, CME produces content for its television channels and develops services and content for online platforms that are constantly on the rise.

cme

CME television stations enjoy leading audience shares on all five markets. Their popularity is built mainly on local programming. CME Group’s revenues come from advertising as well as paid and subscription services. In 2019, the combined television advertising spending in all CME’s markets reached approximately $916 million.

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CME was founded in 1994 with the launch of TV Nova, a private television station in the Czech Republic. PPF completed its acquisition of the CME media group on October 13, 2020.

Information about the top holding company CME Media Enterprises B.V. can be found here

"We want to be a trend-setter driving the transformation of digital media and distribution and be among the first to offer new solutions."

Didier Stoessel

CEO, Central European Media Enterprises

Contacts

CME MEDIA ENTERPRISES B.V.
www.cetv-net.com

Strawinskylaan 933
1077 XX Amsterdam
The Netherlands

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CME MEDIA SERVICES LIMITED Czech Republic
www.cetv-net.com

Kríženeckého náměstí 1078/5
152 00 Praha 5
Czech Republic

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"In this new world, content is still king, but distribution is queen." says Didier Stoessel

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Response to an open letter by journalist organisations on the subject of CME takeover

PPF acquired CME with the goal of further developing our network of commercial television stations. We aim to provide viewers with the highest quality 21st century programming that features entertainment and original domestic content.

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12/10/2020

PPF Group Completes CME Acquisition

PPF Group N.V. (“PPF”) announces that its fully owned subsidiaries have completed the acquisition of Central European Media Enterprises Ltd. (“CME”).

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27/10/2019

PPF obtains EUR 1.150 billion financing for acquisition of CME

PPF Group N.V. (“PPF”) announced that its fully owned subsidiaries have signed an agreement with Central European Media Enterprises Ltd. (“CME”) to acquire CME. The acquisition will be financed with a mix of equity and debt. The debt component consists of EUR 1.150 billion senior secured term and revolving acquisition facilities.

Central European Media Enterprises (CME)

26/10/2019

PPF Signs Agreement to Acquire CME

PPF Group N.V. (“PPF”) announces that its fully owned subsidiaries have signed an agreement with Central European Media Enterprises Ltd. (NASDAQ/Prague Stock Exchange: CETV) (“CME”) to acquire CME. CME operates television stations in Bulgaria, the Czech Republic, Romania, Slovakia, and Slovenia. This transaction is subject to customary closing conditions, including the approval of the CME shareholders, the European Commission, and national regulators in certain countries where CME is active.

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