CME has been given the go-ahead to sell its TV operations in Ukraine.
CME is close to buying the leading Bulgarian TV station bTV from News Corp.
Central European Media Enterprises (CME) is to sell its Ukrainian channels Studio 1+1 and Kino to Harley Trading Limited (HTL), a company owned by Igor Kolomoisky, for $300 million (€209.1 million) in cash.
CME is “ready to merge with any of our competitors in fair conditions or alternatively sell our business” in Bulgaria, according to Petr Dvorak, the general director of the leading Czech broadcaster TV Nova.
Central European Media Enterprises (CME) has posted an income of $134.5 million (€89.7 million) for the third quarter, or 33% less than in the same period last year.
Rupert Murdoch’s News Corp may be about to sell its Bulgarian operation bTV to Central European Media Enterprises (CME).
Poland’s TV Puls has withdrawn from talks with Platforma Mediowa Point Group (PMPG), hitherto considered a frontrunner to become a strategic investor in the station.