You will be redirected back to your article in seconds

CME’s earnings grow in 3rd qtr.

B'caster's net revs up $1.8 mil over previous year

PRAGUE — Central European Media Enterprises (CME) continued to increase its earnings in the third quarter, according to results released Tuesday.

Broadcaster’s net revs were $21.2 million, up $1.8 million over last year. That raised 2001’s net revenues to $79.1 million, compared with $73.1 million as of Sept. 30, 2000.

Quarterly operating expenses were down $2.8 million to $12.8 million, decreasing by $12.6 million for the first three quarters to $45.3 million.

In a statement, CME prexy-CEO Fred Klinkhammer said, “CME’s third-quarter results continue to demonstrate our ability to improve our financial position in a difficult environment.”

More Biz

  • Gibson, Iconic Guitar Company, Said to

    Gibson, Iconic Guitar Company, Said to Be Nearing Bankruptcy

    PRAGUE — Central European Media Enterprises (CME) continued to increase its earnings in the third quarter, according to results released Tuesday. Broadcaster’s net revs were $21.2 million, up $1.8 million over last year. That raised 2001’s net revenues to $79.1 million, compared with $73.1 million as of Sept. 30, 2000. Quarterly operating expenses were down […]

  • David Glasser Fired by the Weinstein

    Weinstein Co. Board Fires COO David Glasser for Cause

    PRAGUE — Central European Media Enterprises (CME) continued to increase its earnings in the third quarter, according to results released Tuesday. Broadcaster’s net revs were $21.2 million, up $1.8 million over last year. That raised 2001’s net revenues to $79.1 million, compared with $73.1 million as of Sept. 30, 2000. Quarterly operating expenses were down […]

  • Rules Don't Apply review

    Warren Beatty Sought Wider 'Rules Don't Apply' Release Despite Grim Test Screenings

    PRAGUE — Central European Media Enterprises (CME) continued to increase its earnings in the third quarter, according to results released Tuesday. Broadcaster’s net revs were $21.2 million, up $1.8 million over last year. That raised 2001’s net revenues to $79.1 million, compared with $73.1 million as of Sept. 30, 2000. Quarterly operating expenses were down […]

  • Oh Seok-geun Korean Film Council

    New Leader Promises Reforms at Korean Film Council

    PRAGUE — Central European Media Enterprises (CME) continued to increase its earnings in the third quarter, according to results released Tuesday. Broadcaster’s net revs were $21.2 million, up $1.8 million over last year. That raised 2001’s net revenues to $79.1 million, compared with $73.1 million as of Sept. 30, 2000. Quarterly operating expenses were down […]

  • SOUTH KOREA OUTMandatory Credit: Photo by

    Actress Choi Hee-seo Looks Forward to a Promising Career

    PRAGUE — Central European Media Enterprises (CME) continued to increase its earnings in the third quarter, according to results released Tuesday. Broadcaster’s net revs were $21.2 million, up $1.8 million over last year. That raised 2001’s net revenues to $79.1 million, compared with $73.1 million as of Sept. 30, 2000. Quarterly operating expenses were down […]

  • The Prison Korean Cinema

    Korea's Box Office Faces a Drop in Admissions as Streaming Services Compete

    PRAGUE — Central European Media Enterprises (CME) continued to increase its earnings in the third quarter, according to results released Tuesday. Broadcaster’s net revs were $21.2 million, up $1.8 million over last year. That raised 2001’s net revenues to $79.1 million, compared with $73.1 million as of Sept. 30, 2000. Quarterly operating expenses were down […]

  • Andy Lo Hong Kong Writer Director

    Ambitious Filmmaker Andy Lo Wants Success in Both Hong Kong and China

    PRAGUE — Central European Media Enterprises (CME) continued to increase its earnings in the third quarter, according to results released Tuesday. Broadcaster’s net revs were $21.2 million, up $1.8 million over last year. That raised 2001’s net revenues to $79.1 million, compared with $73.1 million as of Sept. 30, 2000. Quarterly operating expenses were down […]

More From Our Brands

Access exclusive content