Central European Media Enterprises (CME) is a leading media and entertainment company based in Bermuda. It was founded in 1994 by Ronald Lauder, an American businessman, with the goal of expanding media operations in Central and Eastern Europe. CME's headquarters are located in Hamilton, Bermuda.

The company operates a number of television channels, digital platforms, and media content production studios across the region. Its main products and services include general entertainment, news, and thematic channels catering to a wide range of audiences. CME operates on a global scale, with a strong presence in Central and Eastern Europe.

The company's notable subsidiaries include TV Nova in the Czech Republic, Pro TV in Romania, and Nova TV in Croatia. CME also has partnerships with leading media companies such as Time Warner, Sony Pictures Television, and News Corporation. In terms of market position, CME is a dominant player in the Central and Eastern European media market.

It has a strong customer base and a significant share of advertising revenue in the region. The company faces competition from other media conglomerates such as RTL Group and MTG (Modern Times Group). Over the years, CME has achieved several major milestones and implemented changes in its strategy.

In 2003, the company became publicly traded on the NASDAQ stock exchange. In 2020, CME was acquired by PPF Group, a Czech investment firm. This acquisition has provided the company with financial stability and growth opportunities.

Currently, CME is focused on expanding its digital presence and investing in high-quality programming. The company continues to innovate and adapt to the changing media landscape, with a focus on delivering engaging content across multiple platforms. In conclusion, Central European Media Enterprises is a leading media and entertainment company operating in Central and Eastern Europe.

With a strong market position, notable subsidiaries, and strategic partnerships, CME continues to grow and adapt to the evolving media industry. Its recent acquisition by PPF Group has further strengthened its position in the market