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

Gilden: Take the negative and make a positive from it Photo

The works of New York native, photographer Bruce Gilden, who has worked for five decades in the streets of the biggest cities, are on exhibit in the Kunsthalle (House of Arts) in Bratislava.

Bruce Gilden: Feast of San Gennero, Little Italy, 1984.

The ongoing struggle for a free and democratic Slovakia

The people of Slovakia deserve the credit for the remarkable progress that this country has made over the past twenty-five years, US ambassador writes.

Illustrative stock photo

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 24 and December 3, plus regular services in different languages, training, temporary exhibitions and highlights of the year.

Christmas Markets Bratislava

Robert Fico has lost the electoral magic he once had Plus

But his party can still bounce back if they do the things that make parties resilient.

Robert Fico claims that Smer won the regional elections because it is the party with the most chairs in regional councils.