Central European Media Enterprises Joins the European Media Alliance
September 08 2017 - 4:49AM
Central European Media Enterprises Ltd. (“CME” or the “Company”)
(NASDAQ:CETV) (Prague Stock Exchange:CETV) today announced that it
is the tenth broadcaster to join the European Media Alliance.
The European Media Alliance is a media network
of leading European broadcasters initiated by ProSiebenSat.1 in
2014, and also includes TVN (Poland), TF1 (France), Channel 4 (UK),
Mediaset (Italy), MTG (Scandinavia), Dogan Broadcasting (Turkey),
Antenna Group (South Eastern Europe), Mediaset Espana (Spain) and
SIC (Portugal). The alliance was formed to identify
investment opportunities in new digital businesses and to
facilitate strategic partnerships among its members.
Christoph Mainusch, Co-Chief Executive Officer
of CME, commented: “This alliance is a great match for us, bringing
together our leading brands with those of other leading
broadcasters across Europe. We look forward to developing our
partnerships with members as this will provide better access and
reach for growth-stage advertisers anywhere on the continent,
accelerate the introduction of better digital technologies and
increase the amount of high quality content available to entertain
audiences.”
Christof Wahl, Member of the Executive Board,
Digital & COO of ProSiebenSat.1 Group, added: “The European
Media Alliance is expanding its success story together with CME as
a new member. The alliance will reach a geographic area comprising
about 550 million inhabitants in total. The Media Alliance enables
their members to tap into a pan-European market, earn additional
revenue potential, and cooperate on innovative business models
particularly in the digital segment.”
CME is a media and entertainment company
operating leading businesses in six Central and Eastern European
markets with an aggregate population of approximately 50 million
people. CME currently broadcasts 36 television channels in Bulgaria
(bTV, bTV Cinema, bTV Comedy, bTV Action, bTV Lady, and Ring.bg),
Croatia (Nova TV, Doma, Nova World and MiniTV), the Czech Republic
(Nova, Nova 2, Nova Cinema, Nova Sport 1, Nova Sport 2, Nova
International, Nova Action and Nova Gold), Romania (PRO TV, PRO 2,
PRO X, PRO GOLD, PRO CINEMA, PRO TV International, MTV Romania, PRO
TV Chisinau and Acasa in Moldova), the Slovak Republic (TV Markíza,
Markíza International, Doma and Dajto), and Slovenia (POP TV, Kanal
A, Brio, Oto and Kino). CME is traded on the NASDAQ Global Select
Market and the Prague Stock Exchange under the ticker symbol
“CETV”.
For additional information, please visit www.cme.net or contact:
Mark Kobal
Head of Investor Relations
Central European Media Enterprises
+420 242 465 576
mark.kobal@cme.net
Central European Media E... (NASDAQ:CETV)
Historical Stock Chart
From Mar 2024 to Apr 2024
Central European Media E... (NASDAQ:CETV)
Historical Stock Chart
From Apr 2023 to Apr 2024