Press Releases
- July 28, 2010 - HAMILTON, BERMUDA Central European Media Enterprises Reports Second Quarter and First Half 2010 Results Central European Media Enterprises Ltd. (“CME” or the “Company”) (NASDAQ/Prague Stock Exchange - CETV) today announced financial results for the three months and six months ended June 30, 2010.
- July 22, 2010 - Hamilton, Bermuda Central European Media Enterprises Announces Second Quarter 2010 Earnings Release and Teleconference Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today that it will release its second quarter 2010 financial results before U.S. market hours on Wednesday, July 28, 2010.
- May 05, 2010 - HAMILTON, BERMUDA Central European Media Enterprises Reports First Quarter 2010 Results Central European Media Enterprises Ltd. (“CME” or the “Company”) (NASDAQ/Prague Stock Exchange - CETV) today announced financial results for the three months ended March 31, 2010.
- April 28, 2010 - Hamilton, Bermuda Central European Media Enterprises Announces First Quarter 2010 Earnings Release and Teleconference Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today that it will release its first quarter 2010 financial results before U.S. market hours on Wednesday, May 5, 2010.
- April 20, 2010 - Hamilton, Bermuda Central European Media Enterprises Closes the Acquisition of BTV, a Leading TV Channel in Bulgaria Central European Media Enterprises Ltd. (“CME”) (NASDAQ/Prague Stock Exchange: CETV) today closed its previously announced transaction to acquire from News Corporation (Nasdaq: NWS) the bTV group in Bulgaria, which includes 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. Total cash consideration was US$ 400 million plus a payment of $13 million for a working capital adjustment.
- April 07, 2010 - Hamilton, Bermuda Central European Media Enterprises Closes the Sale of its Ukrainian Operations for US$ 300 Million Central European Media Enterprises Ltd. (“CME”) (NASDAQ/Prague Stock Exchange: CETV) has announced today the closing of its previously announced transaction to sell 100% of its Ukraine operations, including the Studio 1+1 and Kino channels, to Harley Trading Limited, a company beneficially owned by Igor Kolomoisky.
- February 24, 2010 - HAMILTON, BERMUDA Central European Media Enterprises Reports Fourth Quarter and Full Year Results Central European Media Enterprises Ltd. (“CME” or the “Company”) (NASDAQ/Prague Stock Exchange - CETV) today announced financial results for the fourth quarter and full-year ended December 31, 2009.
- February 23, 2010 - Hamilton, Bermuda Central European Media Enterprises Appoints David Sach New Chief Financial Officer Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) announced today the appointment of David Sach as Chief Financial Officer, effective March 1, 2010. Mr. Sach succeeds Charles Frank, who has been serving as CME’s interim Chief Financial Officer since July 2009.
- February 18, 2010 - Hamilton, Bermuda Central European Media Enterprises Agrees To Acquire bTV, The Leading TV Channel In Bulgaria, For US$400 Million Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) announced today that it has entered into an agreement with News Corporation (Nasdaq: NWS) to acquire bTV, the free-to-air commercial television channel in Bulgaria, as well as the bTV Cinema and bTV Comedy cable channels and 74% of Radio Company C.J. OOD which operates several radio stations (the bTV Group).
- February 18, 2010 - Hamilton, Bermuda Central European Media Enterprises Announces Fourth Quarter and Full Year 2009 Earnings Release and Teleconference Hamilton, Bermuda – February 18, 2010 - Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today that it will release its fourth quarter and full year 2009 financial results before U.S. market hours on Wednesday, February 24, 2010.
- January 20, 2010 - Hamilton, Bermuda Central European Media Enterprises Sells Its Ukrainian Operations For US$300 Million Hamilton, Bermuda – January 20, 2010 – Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) announced today that it has entered into an agreement with Harley Trading Limited, a company beneficially owned by Igor Kolomoisky, to sell 100% of the Studio 1+1 and Kino channels for cash consideration of US$300 million plus an estimated US$19 million to fund cash expenses of the Studio 1+1 group between signing and closing of the transaction. The purchaser will make a payment of US$30 million to CME on February 1, 2010 and the balance of the purchase price will be paid at closing. The transaction is expected to close in the second half of April 2010.
- October 27, 2009 - HAMILTON, BERMUDA Central European Media Enterprises Reports Results For Third Quarter And Nine Months Ended September 30, 2009 Central European Media Enterprises Ltd. (“CME” or the “Company”) (NASDAQ/Prague Stock Exchange - CETV) today announced financial results for the three months and nine months ended September 30, 2009.
- October 20, 2009 - Hamilton, Bermuda Central European Media Enterprises Announces Third Quarter 2009 Earnings Release And Teleconference Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) announced today that it will release its third quarter 2009 financial results before U.S. market hours on Tuesday, October 27, 2009.
- October 9, 2009 - Hamilton, Bermuda Central European Media Enterprises Ltd. to webcast Investor day presentations Central European Media Enterprises Ltd. (“CME” or the “Company”) (Nasdaq/Prague Stock Exchange: CETV) announced today that the Company will webcast presentations made during its Investor Day to be held in Prague, Czech Republic on October 15, 2009. A live video webcast and presentation slides will be available on CME’s website www.cetv-net.com beginning at 7 a.m. New York time (1 p.m. Prague time) on Thursday, October 15, 2009. Replays of the live audio webcast and the presentation slides will remain accessible on CME's website for two weeks following the Investor Day. An agenda for the Investor Day is available at www.cetv-net.com.
- September 23, 2009 - Hamilton, Bermuda Central European Media Enterprises Ltd. plans to sell senior notes Central European Media Enterprises Ltd. (NASDAQ and Prague Stock Exchange: CETV) announced today that it plans to make a private placement of fixed rate senior notes in the aggregate principal amount of approximately Euro 200.0 million (approximately US$ 295.8 million). The notes will have the same terms and be of the same series as the 11.625% senior notes due 2016 that the Company issued and sold on September 17, 2009. The Company intends to commence the offer shortly. The Company expects to use the net proceeds of the offering to redeem all outstanding Euro 181.8 million (approximately US$ 268.9 million) 8.25% Senior Notes due 2012 of the Company and for general corporate purposes.
- September 11, 2009 - Hamilton, Bermuda Central European Media Enterprises prices offering of EUR 200 million of 11.625% senior notes due 2016 Central European Media Enterprises Ltd. (“CME” or the “Company”) (Nasdaq Global Select Market/Prague Stock Exchange: CETV) today announced the pricing of its offering of fixed rate senior notes in the aggregate principal amount of € 200 million (approximately US$ 290 million) due in 2016. The notes will be sold at a purchase price equal to 98.261% of their face amount, pay interest semi-annually at a rate of 11.625% per year beginning March 15, 2010, and will mature on September 15, 2016.
- September 11, 2009 - Hamilton, Bermuda Central European Media Enterprises announces results of its offer to repurchase its 8.25% senior notes due 2012 Central European Media Enterprises Ltd. (“CME” or the “Company”) (Nasdaq Global Select Market/Prague Stock Exchange: CETV) announced today the results of its tender offer launched on September 7, 2009 to purchase for cash a portion of its 8.25% Senior Notes due 2012 (ISIN:XS0218213816 (Regulations S)) (the “Notes”). The tender offer was open to non-U.S. holders only and expired at 4:00 p.m. London time on September 10, 2009.
- September 7, 2009 - Hamilton, Bermuda Central European Media Enterprises LTD. plans to sell senior notes Central European Media Enterprises Ltd. (NASDAQ and Prague Stock Exchange: CETV) announced today that it plans to make a private placement of fixed rate senior notes in the aggregate principal amount of approximately Euro 150 million (approximately US$ 214.2 million). The Company expects to commence the offering shortly. The Company expects to apply the net proceeds from the offering of the senior notes (i) to repay the Euro 127.5 million (approximately US$ 182 million) principal amount outstanding under the Company’s loan agreements with the European Bank for Reconstruction and Development (EBRD) (and to cancel the EBRD loan agreements and release the security interests in favor of EBRD) and (ii) to repurchase and cancel a portion of the Company’s 8.25% Senior Notes due 2012 or repay other outstanding indebtedness with the remainder of the net proceeds.. The notes will be senior secured obligations of the Company. The senior notes will not be registered under the US Securities Act of 1933 and may not be offered or sold in the US or to US persons absent registration or an applicable exemption from registration requirements.
- July 29, 2009 - Hamilton, Bermuda Central European Media Enterprises Reports Second Quarter And First Half 2009 Results Central European Media Enterprises Ltd. (“CME” or the “Company”) (NASDAQ/Prague Stock Exchange - CETV) today announced financial results for the three months and six months ended June 30, 2009.
- July 28, 2009 - Hamilton, Bermuda Central European Media Enterprises to buy Mediapro Entertainment Central European Media Enterprises Ltd. (“CME” or the “Company”) (Nasdaq/Prague Stock Exchange: CETV) announced today that it has entered into an agreement with MediaPro Management and MediaPro BV, both controlled by Adrian Sarbu, to acquire the MediaPro Entertainment business. MediaPro Entertainment is one of the leading producers and distributors of television fiction and owns one of the largest studio/production facilities in Central and Eastern Europe. In consideration, MediaPro Management and MediaPro BV will receive US$ 10.0 million in cash, 2.2 million shares of CME’s Class A Common Stock and a warrant to purchase up to 850,000 shares of CME’s Class A Common Stock at a price of US$ 21.75, debt assumption of approximately US$ 35.6 million, and the contribution of CME’s 8.7% interest in MediaPro Management and CME’s 10% interest in MediaPro BV.
