Press Releases
- 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.
- September 18, 2008 - London/Hamilton, Bermuda Central European Media Enterprises and MTV networks international sign licensing agreement for Czech Republic Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV), a leading television broadcaster in Central and Eastern Europe, and MTV Networks International (“MTVNI”), a division of Viacom Inc. (NYSE: VIA, VIA.B), today announced a multi-year licensing agreement granting CME rights to launch a localised MTV channel in the Czech Republic, as well as the opportunity to distribute the channel via cable and satellite platforms in the Slovak Republic.
- July 30, 2008 - HAMILTON, BERMUDA Central European Media Enterprises Reports Record Second Quarter And First Half 2008 Results Central European Media Enterprises Ltd. (“CME”) (NASDAQ/Prague Stock Exchange - CETV) today announced financial results for the three months and six months ended June 30, 2008.
- July 28, 2008 - Hamilton, Bermuda Central European Media Enterprises Enters Bulgaria Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) today announced that it has entered into agreements to acquire from Top Tone Media Holdings Limited an 80% interest in two Bulgarian television channels: the TV2 channel, a national terrestrial network launched in November 2007, and Ring TV, a sports cable channel.
- July 24, 2008 - Hamilton, Bermuda Central European Media Enterprises Announces Second Quarter 2008 Earnings Release And Teleconference Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) announced today that it will release its second quarter 2008 financial results before U.S. market hours on Wednesday, July 30, 2008.
- July 1, 2008 - Hamilton, Bermuda Central European Media Enterprises Completes Purchase Of 30% Minority Interest In Studio 1+1 In Ukraine Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) today announced that on June 30, 2008 it completed the purchase of 30% minority interest in the Studio 1+1 group. CME has increased its ownership of Studio 1+1 to 90% and the remaining 10% interest is subject to a put and call option. The Ukrainian media council has reissued the license for Studio 1+1 reflecting the new ownership structure.
- June 20, 2008 - Hamilton, Bermuda Central European Media Enterprises Wins The Treasury Today Adam Smith Award For Best Practice And Innovation For CME's 2008 Convertible Financing Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today that it has been awarded the Treasury Today Adam Smith Award for Best Practice and Innovation 2008 in the Leveraging Corporate Debt Solutions category. Treasury Today is Europe's largest corporate treasury publication and is read by more than 40,000 corporate treasurers each month. The award recognizes the achievement and performance of the CME management team in delivering US$ 401 million of additional financing to the company in extremely difficult credit markets.
- June 20, 2008 - Hamilton, Bermuda Central European Media Enterprises Files Effective Secondary Registration Statement HAMILTON, BERMUDA – June 20, 2008 - Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange:CETV) announced that it has today filed an automatic shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission. The registration statement registers the resale of shares of CME’s Class A common stock issuable upon conversion of CME’s 3.50% Senior Convertible Notes due 2013 (“the Notes”). The automatic shelf registration statement on Form S-3 became effective upon filing with the SEC. CME’s initial issuance of the Notes, in aggregate principal amount of $475,000,000 was completed in March, 2008 in a private placement pursuant to Rule 144A of the Securities Act of 1933, as amended.
- May 27, 2008 - HAMILTON, BERMUDA Central European Media Enterprises Acquires Leading Blog Site In The Czech Republic Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today that it has acquired 100% of Jyxo, s.r.o., the information technology provider and operator of the leading blog site in the Czech Republic, blog.cz, and Jyxo’s affiliate BLOG Internet, s.r.o. from Michal Illich and Centralway Investment AG (www.centralway.com).
- April 30, 2008 - HAMILTON, BERMUDA Central European Media Enterprises Reports Outstanding First Quarter 2008 Results And Targets $1.1 Billion Full Year Revenues Central European Media Enterprises Ltd. ("CME") (NASDAQ/Prague Stock Exchange - CETV) today announced financial results for the three months ended March 31, 2008.
- April 23, 2008 - Hamilton, Bermuda Central European Media Enterprises announces first quarter 2008 earnings release and teleconference Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today that it will release its first quarter 2008 financial results before U.S. market hours on Wednesday, April 30, 2008.
- April 17, 2008 - Hamilton, Bermuda Central European Media Enterprises Acquires Radio Channels in Romania Hamilton, Bermuda – April 17, 2008 - Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) today announced the acquisition of the assets of Compania de Radio Pro s.r.l. (“Radio Pro”) which owns the two leading radio channels in Romania: - Pro FM – the pop music channel reaching an average all day audience share of about 7% in the 15-35 year old national demographic. - Info Pro – a national infotainment channel launched in 2004.
- March 10, 2008 - Hamilton, Bermuda Central European Media Enterprises Closes Successful Offering of $475 Million of Convertible Notes Secures Financing for Ambitious Growth Plans in a Period of Grave Financial Uncertainty in the Global Capital Markets Hamilton, Bermuda - March 10, 2008 - Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) today announced the closing of its offering of $475 million of senior convertible notes. The notes were sold to qualified institutional buyers and bear interest at an annual rate of 3.50%. The notes pay interest semi-annually on March 15 and September 15 of each year, beginning September 15, 2008, and mature on March 15, 2013.
- March 10, 2008 - HAMILTON, BERMUDA Central European Media Enterprises to present at the Bear Stearns 21st Annual Media Conference Central European Media Enterprises Ltd. ("CME") (Nasdaq/Prague Stock Exchange: CETV) announced today that Michael Garin, Chief Executive Officer, will be presenting at the Bear Stearns 21st Annual Media Conference being held March 9-12, 2008 at The Breakers Hotel in Palm Beach, Florida.
- March 4, 2008 - Hamilton, Bermuda Central European Media Enterprises Prices Offering of $425 Million of 3.50% Senior Convertible Notes Due 2013 Hamilton, Bermuda — March 4, 2008 - Central European Media Enterprises Ltd. (“CME”) (Nasdaq Global Select Market/Prague Stock Exchange: CETV) today announced the pricing of its previously announced offering of $425 million aggregate principal amount of 3.50% senior convertible notes due 2013. CME has granted the initial purchasers an option to purchase up to $50 million aggregate principal amount of additional notes to cover over-allotments. The notes are being offered to qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act").
- March 4, 2008 - Hamilton, Bermuda Central European Media Enterprises to Offer $425 Million of Senior Convertible Notes Hamilton, Bermuda — March 3, 2008 - Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) today announced that it intends to offer, subject to market and other considerations, $425 million aggregate principal amount of senior convertible notes due 2013. CME also expects to grant the initial purchasers an option to purchase up to $50 million aggregate principal amount of additional notes to cover over-allotments. The notes will be offered to qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act").
- February 28, 2008 - Hamilton, Bermuda Central European Media Enterprises Reports Its Best Ever 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, 2007 which were the strongest in the Company’s history. The Company recorded its highest ever revenues, Segment(1) EBITDA and operating income.
- February 22, 2008 - Hamilton, Bermuda Central European Media Enterprises Announces Fourth Quarter and Full-Year 2007 Earnings Release and Teleconference Hamilton, Bermuda – February 22, 2008 – Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) announced today that it will release fourth quarter and full-year 2007 financial results before U.S. market hours on Thursday, February 28, 2008.
- February 5, 2008 - Hamilton, Bermuda Central European Media Enterprises to Buy Out Minority Partners in Studio 1+1 in Ukraine Hamilton, Bermuda – February 5, 2008 – Central European Media Enterprises Ltd. (“CME”) (Nasdaq/Prague Stock Exchange: CETV) today announced that it has entered into agreements with its partners in Studio 1+1 to acquire all minority interests in the Studio 1+1 Group of companies. Upon completion of this transaction, CME will own 90% of Studio 1+1 and will have a right to acquire the remaining 10%. Currently CME holds 60% of Studio 1+1. CME expects to fund the transaction from cash on hand and its current credit facilities. The transaction is expected to close by the end of the second quarter of 2008 following the receipt of certain regulatory approvals.
