Spectator on facebook

Spectator on facebook

IN SHORT

CME becomes owner of TV Markíza

THE US company Central European Media Enterprises (CME) has acquired the last one-fifth stake in TV Markíza, becoming its exclusive owner.

CME bought the 20-percent stake from Media Invest, owned by Slovak entrepreneurs Ján Kováčik and Milan Fiľo, for Sk1.9 billion (€57.3 million), CME told the ČTK newswire on July 13.

"Increasing ownership in our core stations remains a key strategic objective for CME," said CME CEO Michael Garin. "TV Markíza is an outstanding asset and I am pleased we have achieved another significant step in the execution of our strategy."

"CME has been interested in the deal for a long time and I think that now was the right time," said Kováčik.

TV Markíza is the most watched channel in Slovakia, with a market share of over one-third.

CME also operates channels in the Czech Republic, Croatia, Romania and Ukraine.

Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.