Press Releases
- July 22, 2009 - Hamilton, Bermuda Central European Media Enterprises Announces Second Quarter 2009 Earnings Release and teleconference Hamilton, Bermuda – July 22, 2009 – Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) announced today that it will release its second quarter 2009 financial results before U.S. market hours on Wednesday, July 29, 2009.
- July 2, 2009 - Hamilton, Bermuda Central European Media Enterprises welcomes $100 million investment by Igor Kolomoisky in Ukraine $100 million and 100% of TET TV to be contributed to CME’s Ukraine operations Igor Kolomoisky to become 49% shareholder of the expanded Studio 1+1 Group
- June 22, 2009 - Hamilton, Bermuda Central European Media Enterprises announces that Wallace Macmillan is to step down as Chief Financial Officer of the company. Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) announced that, effective July 1, 2009, Wallace Macmillan is stepping down as Chief Financial Officer of the company. Charles R. Frank, Jr. has been named interim CFO. Mr. Frank has served as an independent Director of CME since 2001 and has extensive experience of the finance function through his service on the Audit and Treasury Committees.
- May 18, 2009 - Hamilton, Bermuda and New York, NY Time Warner Inc. Completes US$241.5 Million Investment for 31% Interest in Central European Media Enterprises Ltd., A Leading Central & Eastern European Media Company Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) and Time Warner Inc. (“Time Warner”) (NYSE:TWX) today announced that Time Warner’s investment in CME, a leading media company in Central and Eastern Europe, has closed. The companies previously announced the signing of the transaction on March 23, 2009
- April 29, 2009 - Hamilton, Bermuda Central European Media Enterprises Reports First Quarter 2009 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, 2009.
- April 22, 2009 - Hamilton, Bermuda Central European Media Enterprises Announces First Quarter 2009 Earnings Release And Teleconference Hamilton, Bermuda – April 22, 2009 – Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) announced today that it will release its first quarter 2009 financial results before U.S. market hours on Wednesday, April 29, 2009
- March 23, 2009 - Hamilton, Bermuda and New York, NY Time Warner Inc. To Acquire 31% Interest In Central European Media Enterprises, A Leading Central and Eastern European Media Company HAMILTON, BERMUDA and NEW YORK, NY, March 23, 2009 – Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) and Time Warner Inc. (NYSE: TWX) today announced that Time Warner will invest US$241.5 million in CME, a leading media company in Central and Eastern Europe.
- March 23, 2009 - Hamilton, Bermuda Central European Media Enterprises Gives Update On First Quarter 2009 Operational Performance Hamilton, Bermuda – March 23, 2009 – In conjunction with the announcement earlier today that Time Warner will invest in Central European Media Enterprises Ltd. (“CME” or the “Company”) (Nasdaq/Prague Stock Exchange: CETV), the Company is providing an update on its expected operational performance for the first quarter of 2009. As CME previously indicated the macroeconomic environment has deteriorated and television advertising spending is now expected to decline in all its markets in 2009. CME expects to report revenues of US$ 135 million to US$ 145 million and Total Segment EBITDA between US$ 18 million and US$ 22 million for the quarter ended March 31, 2009 as compared to revenues of US$ 223 million and Total Segment EBITDA of US$ 75 million for the quarter ended March 31, 2008.
- February 25, 2009 - HAMILTON, BERMUDA Central European Media Enterprises Reports Strong Full-Year Revenues and Ebitda 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, 2008.
- February 19, 2009 - Hamilton, Bermuda Central European Media Enterprises Announces Fourth Quarter and Full Year 2008 Earnings Release and Teleconference Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today that it will release its fourth quarter and full year 2008 financial results before U.S. market hours on Wednesday, February 25, 2009.
- January 5, 2009 - Hamilton, Bermuda Central European Media Enterprises To Present At The Citi 19th Annual Entertainment, Media and Telecommunications Conference HAMILTON, BERMUDA - January 5, 2009 - Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today that Wallace Macmillan, Chief Financial Officer, will be presenting at the Citi 19th Annual Entertainment, Media and Telecommunications Conference being held January 6-8, 2009 at The Arizona Biltmore in Phoenix, Arizona.
- December 19, 2008 - Hamilton, Bermuda Central European Media Enterprises Announces Final Steps in the Restructuring of Ukraine Operations Hamilton, Bermuda – December 18, 2008 – Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) announced today that it has entered into a preliminary agreement to buy out its minority partners in the Kino channel in Ukraine. CME also announced that it is launching an in-house sales department at Studio 1+1, its channel in Ukraine.
- December 15, 2008 - Hamilton, Bermuda Central European Media Enterprises Announces That Michael Garin is Retiring as Chief Executive Officer of The Company and Will Become Vice Chairman of the Board of Directors Hamilton, Bermuda – December 15, 2008 – Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) announced that, effective January 1, 2009, Michael Garin is retiring as Chief Executive Officer of the company. Mr. Garin will continue to be involved with CME as Vice-Chairman of the Board.
- December 2, 2008 - Hamilton, Bermuda Central European Media Enterprises to present at the 11th annual ING EMEA forum in Prague on December 3, 2008 Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today that management will be presenting at the 11th Annual ING EMEA Forum in Prague and will provide updates on liquidity for 2008 and sales negotiations progress for 2009.
- October 29, 2008 - HAMILTON, BERMUDA CME Announces Financial Results for the Nine Months and Three Months Ended September 30, 2008 Central European Media Enterprises Ltd. ("CME") (NASDAQ/Prague Stock Exchange - CETV) today announced financial results for the nine months and three months ended September 30, 2008.
- October 22, 2008 - Hamilton, Bermuda Central European Media Enterprises Announces Third Quarter 2008 Earnings Release and Teleconference Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today that it will release its third quarter 2008 financial results before U.S. market hours on Wednesday, October 29, 2008.
- October 22, 2008 - Hamilton, Bermuda Central European Media Enterprises Appoints Duco Sickinghe To Its Board Of Directors Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) today announced it has appointed Mr. Duco Sickinghe as a member of CME's Board of Directors, effective October 22, 2008.
- October 21, 2008 - Hamilton, Bermuda Central European Media Enterprises to complete buy out of minority partners in Studio 1+1 in Ukraine – Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) today announced that on October 17, 2008 it completed the purchase of the remaining 10% of the Studio 1+1 group following the exercise of its call option. CME now owns 100% of the Ukrainian television station.
- October 14, 2008 - Hamilton, Bermuda Central European Media Enterprises To Webcast Investor Day Presentations HAMILTON, BERMUDA – October 14, 2008 – Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) announced today that the Company will webcast presentations made during its Investor Day to be held in New York, New York on October 23, 2008. A live audio webcast and presentation slides will be available on CME’s website www.cetv-net.com beginning at 12:15 p.m. Eastern Time (5:15 p.m. BST, 6:15 p.m. CET) on Thursday, October 23, 2008. Replays of the live audio webcast and the presentation slides will remain accessible on CME's website for two weeks following the Investor Day.
- September 23, 2008 - Bucharest, Romania/Hamilton, Bermuda Central European Media Enterprises' Pro TV New Wins First News Emmy for Eastern Europe Bucharest, Romania/Hamilton, Bermuda – September 23, 2008 - Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV), a leading television broadcaster in Central and Eastern Europe, and Pro TV, the number one Romanian television channel, are today celebrating making history with their first International Emmy award. This is also the first International News Emmy win for Eastern Europe.
