CME Says Markets Show Signals of ‘Slight’ Recovery This Year
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Central European Media Enterprises Ltd., the east European broadcaster partly owned by Time Warner Inc., said “most” of its markets showed signals of “slight” recovery this year in TV ad spending.
“We’ve seen an improvement year on year during the first quarter in TV ad spending,” Chief Executive Officer Adrian Sarbu said in an interview in the company’s offices in Prague. “This encourages us to expect a single-digit full-year recovery in all our markets.”