The US investment company CME has secured 60% ownership of the Ukrainian national commercial station Studio1+1 by completing the registration of a 42% stake in Studio 1+1 LLC via a Ukrainian subsidiary. Given that CME already held an 18% indirect stake in Studio 1+1 LLC, which is the licence company of the Studio 1+1 Group, it now owns the station’s broadcasting licences. CME launched Studio 1+1 with local partners in the late 1990s and now also includes three more services – Studio 1+1, the movie channel Kino and entertainment-based Citi – in its Ukrainian portfolio.