CME


Banijay chairman Stephane Courbit tables bid for France’s M6 Group

Banijay chairman Stephane Courbit has emerged as the frontrunner to buy France’s M6 Group via his FL Entertainment outfit, following the broadcaster’s failed merger with TF1. M6 owner Bertelsmann has reportedly received a trio of offers for the group since it was put up for sale last week, with Reuters reporting that Italy’s MediaForEurope (MFE) had teamed up with […]

RTL sells Croatian operation to PPF Group in $57m deal

Fremantle owner RTL Group has struck a deal to sell its Croatian operation to Czech investment group PPF. The deal, which is being carried out via PPF’s subsidiary Central European Media Enterprises (CME), values RTL Croatia at €50m ($57m). CME will acquire 100% of the broadcaster, and has secured the long-term rights to retain the use […]

AT&T completes $1.1bn sale of Nova TV & bTV owner CME

WarnerMedia owner AT&T has completed the $1.1bn sale of its stake in Central European Media Enterprises (CME), the group behind channels including bTV in Bulgaria and TV Nova in the Czech Republic. The deal, first revealed last year, will see Czech private equity firm PPF Group acquiring the majority stake held by AT&T, which had […]

TBI Weekly: What next at Red Arrow owner ProSieben?

It has been quite a week in the world of German TV. While much of the industry has been attempting to deal with the fall-out from the Covid-19 pandemic, one of the country’s biggest commercial broadcasters has just performed an apparent about-turn on strategy and seen its CEO depart. Max Conze’s exit from ProSiebenSat.1 last […]

New Bake Off format deals

Czech pubcaster CT has ordered a local version of the popular Bake Off format. The new version of the baking competition format will run to ten episodes and the green light means the format has been licensed to 25 countries in all. In the UK, the series is switching from the BBC to Channel 4, […]

CME growing Farm format in five territories

Warner Bros.-backed CEE broadcaster CME has agreed a new three-year, five-territory deal for the evergreen reality format The Farm. The show will be on the Markiza channel in Slovakia, BTV in Bulgaria, Nova in the Czech Republic, Pro TV in Romania and Nova in Croatia. The show, which runs in either 60 or 90 minute […]

CME ‘positioned for growth’, says CEO

CME co-CEO Christoph Mainusch has claimedthe CEE broadcast group is now leaner, fitter and more efficient after a tough period. Time Warner-backed CME has channels across the CEE region and Mainusch and his co-CEO Michael Del Nin were tasked with turning the business around after a period in which it had suffered as region-wide ad […]

Endemol Shine names int’l ops COO

Marina Williams has been named COO of international operations at Endemol Shine Group. Williams (pictured) was formerly Endemol Shine’s regional CEO of central and eastern Europe and Middle East and North Africa, but has added India and Africa to her duties with the promotion. She will work closely with management at local companies such as […]

Analysts bullish on CME after Time Warner bailout

Analysts have said the outlook is positive for central and eastern Europe-focused broadcast group CME in the wake of its recent refinancing by Time Warner. Citing “further support” from 49% shareholder Time Warner, credit analyst Moody’s said: “The stable outlook reflects early signs of turnaround in CME’s operating performance with a return to adequate advertising […]

CME reports loss, but bullish on 2015

Central European Media Enterprises (CME) reported an upturn in revenues and operating income in Q3, the company’s strongest quarter of the year so far. Announcing its third quarter results, CME reported net revenues of US$140.1 million, up 7% compared to last year, while operating income before depreciation and amortisation was US$2.9 million compared to a […]

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