FNE together with Europa Distribution continues its Distributor of the Month series. In recognition of the hard work and excellence of European distributors and the common problems they face, especially in the transition to digitalization, we choose a distributor from each country covered by FNE each month.

PRAGUE: TV Nova owner Central European Media Enterprises has reported another drop in revenues of $31 m for the second quarter of the year to $180 m, citing an ad revenue slump but reports that price increases have helped and predicts the market will rebound in the fall.

FNE together with Europa Cinemas continues its Cinema of the Month series. In recognition of the hard work and excellence of European cinema operators we choose a cinema from each country covered by FNE each month. We look at the challenges and the successes faced by those cinemas with a special series of interviews that offer insights that other operators can benefit from and a platform for the exchange of ideas.

SARAJEVO: The Sarajevo fest's 19th edition 16-24 August 2013 will screen nine titles in its main compeition - including five world premieres - revealing a new crop of cinematic exploration in the region, just a fraction of the 50 features, docus and shorts scheduled. The Heart of Sarajevo winner will take home 16,000 EUR while other prizes total 15,000 EUR

Bobo Jelčić's unconventional Croatian feature on the fierce dilemma forced upon a man by the funeral of a friend, A Stranger (www.spiritus-movens.hr), swept seven of the main competition awards as the Pula IFF (http://pulafilmfestival.hr) wrapped this weekend.

PRAGUE: Strikingly original documentary Fortress by Czech filmmakers Lukáš Kokeš and Klára Tasovská, will compete in the Lux Prize, marking the second time a Czech nonfiction film has had the honor, following the nomination of 2008's Citizen Havel.

Applications for Latvia's first cash incentives for productions close Friday, the country's National Film Center has announced. The program, announced 25 June, is a first for the Baltic countries, aimed at keeping Latvia competitive for foreign shoots using its locations.

PRAGUE: The Czech Republic's venerated Barrandov Studios has announced a four-fifths decrease in net profit from last year but reports sales of 463 million CZK, up 11 percent, according to news agency ČTK.

Three finalists for the European Parliament's LUX prize for 2013 reflect a range of stories and voices that span art filmmaking approaches throughout the continent.

The Georgian National Film Center has announced the winning entry in its race for local full-length feature best suited to go into international co-production in 2013. Competition, directed by Dito Tsintsadze, is a follow-up to his thriller, Invasion, which was also international in scope, with a German cast.