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Last $2.19 USD
Change Today +0.16 / 7.88%
Volume 3.2M
CETV On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

O'Hara House

3 Bermudiana Road

Hamilton, HM 08

Bermuda

Phone: 441-296-1431

Fax:

Central European Media Enterprises Ltd. operates as a media and entertainment company in central and eastern Europe. The company’s main general entertainment television channels are distributed on a free-to-air basis terrestrially in analog, digital or both, depending on the digitalization status in each country, and are also distributed via cable and satellite. Its other channels are distributed via cable and satellite. The company manages its business on a geographical basis, with six segments, Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia. The company has broadcast operations in these countries broadcasting a total of 33 television channels. Each country also develops and produces content for their television channels and for licensing to third parties. Country operations The company’s television channels and content would reach viewers through new distribution offerings, such as Internet TV and smart devices. The company offers viewers the choice of watching premium television content through a series of portals, including through Voyo and catch-up services on its Websites. The company’s strategy is to maintain and increase its audience leadership in each of its countries in order to pursue sales strategies designed to maximize its revenues. Programming The programming that the company provides consists of locally-produced news, affairs, fiction, and reality and entertainment shows, as well as acquired foreign movies, series and sports programming. The company’s programming strategy in each country is modified to match the expectations of key audience demographics by scheduling and marketing an optimal mix of programs in a cost effective manner. Bulgaria The company operates one general entertainment channel, BTV, and five other channels, BTV CINEMA, BTV COMEDY, RING.BG, BTV ACTION and BTV LADY. Croatia The company operates one general entertainment channel, NOVA TV (Croatia) and three other channels, DOMA (Croatia), NOVA WORLD and MINI TV. The Czech Republic The company operates one general entertainment channel, TV NOVA (Czech Republic), and five other channels, NOVA CINEMA, NOVA SPORT, FANDA, SMICHOV and TELKA. Romania The company operates one general entertainment channel, PRO TV, and eight other channels, ACASA, ACASA GOLD, PRO CINEMA, SPORT.RO, MTV ROMANIA, PRO TV INTERNATIONAL, PRO TV CHISINAU, a general entertainment channel broadcasting in Moldova, and ACASA IN MOLDOVA. Slovak Republic The company operates one general entertainment channel, TV MARKIZA, and two other channels, DOMA (Slovak Republic) and DAJTO. Slovenia The company operates two general entertainment channels, POP TV and KANAL A, and three other channels, KINO, BRIO and OTO. Seasonality The company experiences seasonality, with advertising sales tending to be lowest during the third quarter of each calendar year due to the summer holiday period (typically July and August), and highest during the fourth quarter of each calendar year. History Central European Media Enterprises Ltd. was founded in 1994. The company was incorporated in 1994 under the laws of Bermuda.

 

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