CME is a media and entertainment company operating leading businesses in primarily six Central and Eastern European markets: Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia. We operate 33 television channels broadcasting to approximately 50 million people across our six markets. We also develop and produce content for our television channels. Content is also distributed to third parties, both within our region and globally.
CME’s broadcast assets enjoy leading audience shares generated largely from popular local content. Our leading networks also enable us to diversify our revenues from advertising to paid and subscription revenues, positioning the company as the industry trend setter in the region.
Our success across the region is attributable to our strategy of producing and broadcasting high quality local programming and independent news, building multichannel networks and sharing knowledge and skills between our highly talented and locally managed teams.
CME was founded by Ronald Lauder in 1994 with the launch of TV Nova in the Czech Republic. CME's television brands are market and audience share leaders in all of its markets with a combined 2014 television advertising spend of approximately US$ 908 million.
CME is a Bermuda company, with subsidiaries in the Netherlands and in each operating country. CME is listed in the United States on the NASDAQ Global Select Market and in the Czech Republic on the Prague Stock Exchange under the ticker symbol "CETV". For detailed information on CME, please refer to our SEC filings.