Ania Chateau pari unnamed 25

CME purchases increased stake in Studio 1+1

FNE Staff 2008-07-01

Central European Media Enterprises (CME), which operates 16 TV channels in 6 countries in Central and Eastern Europe reaching 90 million people, announced that it had completed the purchase of 30% minority interest in the Studio 1+ 1 group in the Ukraine. The purchase increased CME's ownership to 90%.

CME paid $219.6 for the purchase. The Ukrainian media council reissued the station's license to reflect the new ownership structure. CME has an option to buy the remaining 10% for a minimum price of $95.4 million.

CME is traded on the NASDAQ and the Prague Stock Exchange under the ticker symbol CETV.

For more information, go to the Press Release section of FNE.

rusian longtext

FNE UNIC Update

Fne UnicUpdateNEW

fneAssocLogo315

logoCreativeEurope2019