Central European Media Enterprises

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Central European Media Enterprises Ltd.
Type Public
Traded as NASDAQCETV
Industry Media
Founded 1994
Headquarters Hamilton, Bermuda
London, United Kingdom CME Development Corporation
Amsterdam, Netherlands
CME Media Enterprises BV Prague, Czech Republic CME Media Services Limited
Key people Ronald S. Lauder, Chairman
Adrian Sârbu, CEO & President
David Sach, CFO
Products Television broadcasting; content production and distribution; New Media
Revenue increase $737 million (2010)
Employees 4,900[1]
Website Official website

Central European Media Enterprises (CME) is a Bermuda-based vertically integrated company. Founded by Ronald Lauder, it owns broadcast, content and new media operations in Central and Eastern Europe. The company is listed on NASDAQ and Prague Stock Exchange under the ticker symbol CETV.

Contents

[edit] Broadcast

CME is the broadcast market leader in every country where it has stations present and reaches the homes of over 50 million people.[2] It started life as a single channel in the Czech Republic in 1994. It is now present in six markets where it operates 23 commercial free-to-air stations. It also operates a bouquet of subscription channels in Slovenia. In 2010, CME acquired bTV group in Bulgaria. The group included bTV, the leading free-to-air commercial television channel in Bulgaria, as well as bTV Cinema and bTV Comedy cable channels, and several radio stations.[3]

[edit] Content & Distribution

In 2009 CME acquired Media Pro Entertainment, one of the leading producers and distributors of television fiction, which owns one of the largest production facilities in Central and Eastern Europe. In 2010 it delivered 890 hours of fiction, 1,881 hours of reality and entertainment and several feature films. It also offers production management services for foreign film producers and commercial advertising clients.[4] CME further strengthened its position as a vertically integrated media company when it acquired the leading content distribution company in the Czech and Slovak Republics Bontonfilms a.s. in June 2011.[5]

[edit] New Media

CME’s New Media Division operates more than 60 online products and distribution platforms across six markets. At present CME’s internet sites attract around 2 million unique users every day and around 11 million each month, representing a 20% increase over 2010 in terms of online audience. One of the division’s objectives is to support the Broadcast Division and Media Pro Entertainment by developing distribution platforms. The New Media Division also operates a number of non-TV related services through targeted standalone niche sites, which are created separately from its broadcast operations. In 2011 CME launched Voyo, a transactional video-on-demand portal, in the Czech Republic. Throughout 2011 Voyo has been rolled out across CME’s markets. Viewers can access free catch-up content from the archives of CME’s broadcasters, as well as see episodes of local series ahead of TV broadcast and unique paid content. Voyo has agreements with major and independent studios for the screening of international and local movies. In September 2011, the Pop Plus VOD distribution platform in Slovenia was rebranded to Voyo, and offered subscription VOD services.[6]

[edit] Key shareholders

On 23 March 2009, Time Warner announced that it would invest $241.5 million, for a 31% stake, in CME.[7]

Two years later on 3 March 2011 Time Warner bought another 3.1 million shares taking its stake in CME up to 34.4% with around 47 percent of voting rights and a total of 22.1 million shares.[8]

[edit] Broadcast Operations

  • Slovak TV channels

[edit] New Media Division

The company manages Live TV, Catch-up TV, TV news, program micro-sites, various content, blog and social networking sites. Implemented in all 6 CME markets, the portfolio of brands include:

Bulgaria
bTV Web Platform

Croatia

Czech Republic

Slovakia


Slovenia

Romania

[edit] Other

Romania

[edit] CME Board of Directors

Non Independents

  • Ronald S. Lauder
  • Adrian Sarbu
  • Eric Zinterhofer
  • Paul Cappuccio
  • Michael Del Nin
  • Kelli Turner

Independents

  • Caryn Seidman Becker
  • Charles Frank
  • Herbert A. Granath
  • Alfred W. Langer
  • Fred H. Langhammer
  • Bruce Maggin
  • Parm Sandhu
  • Duco Sickinghe

[edit] See als

[edit] References

  1. 1.  USA"articol businessweek". bloomberg newsweek. Martie 3, 2011. http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=61570409. 

[edit] External links

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