Central European Media Enterprises Ltd.

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Central European Media Enterprises Ltd. - overview

Established

1994

Location

Hamilton, -, Bermuda

Primary Industry

Media

About

Central European Media Enterprises Ltd. is a prominent media and entertainment company specializing in linear television, video-on-demand (VOD), and digital content across Central and Eastern Europe. CME operates a diverse range of media platforms, offering local television channels and subscription VOD services. Founded in 1994 in Hamilton, Bermuda, CME has raised EUR 1,900.


00 mn through 3 deals, with its latest funding round being a Buyout led by PPF Group. The company is managed by CEOs CaSandra Mathis, Michael Nin, and Stella Litou. CME is a leading media and entertainment company that offers a diverse range of products and services, primarily focusing on linear television, video-on-demand (VOD), and digital content. Their core offerings include local television channels, which provide high-quality programming tailored to the preferences of audiences in Central and Eastern Europe, with a focus on storytelling that resonates with local culture.


Additionally, CME operates subscription video-on-demand platforms, such as Voyo and Oneplay, which allow users to access a library of content across various genres. These platforms cater to a wide demographic, including families, young adults, and niche audiences interested in specific genres, thereby addressing the need for convenient and flexible viewing options. CME's products are accessible in several countries, including Bulgaria, Croatia, the Czech Republic, Romania, Moldova, Slovakia, and Slovenia, enhancing their reach across the region. In 2019, CME generated revenue of EUR 694.


80 mn, with an EBITDA of EUR 517. 43 mn. The company primarily earns revenue through its subscription-based services and advertising partnerships. Its platforms, Voyo and Oneplay, utilize a direct-to-consumer model, enabling a consistent income stream while also adapting content offerings to meet consumer preferences.


Furthermore, CME collaborates with advertisers and sponsors, integrating commercials and product placements within their programming, which forms an essential component of their revenue structure. The company’s linear TV channels also rely on advertising revenue, leveraging high audience shares to attract premium advertising rates from various sectors. CME plans to enhance its product offerings, with upcoming launches focusing on new content for its VOD platforms. The company aims to expand its reach into additional markets such as Hungary and Poland by 2025, utilizing recent funding of EUR 1,900.


00 mn to support these initiatives. Following the exit of Apax Partners from its stake, CME is poised to leverage its financial resources for strategic growth and content development.


Current Investors

Primary Industry

Media

Sub Industries

Television & Film, Cable Service Providers

Website

www.cetv-net.com

Total Amount Raised

Subscriber access only

Central European Media Enterprises Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onAnnouncedRTL Hrvatska d.o.o.-
BuyoutCompletedCentral European Media Enterprises Ltd.-
Add-onCompletedCME’s Croatian and Slovenian media portfolio-
Add-onCompletedBontonfilm-
Add-onCompletedCompania de Radio Pro assets-

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