Friday, October 19, 2007

CETV - Be prepared for good future!

Czech subsidiary (TV Nova) of Central European Media (CETV) announced today to increase price for TV advertising by 20%. This year increase was 16%. This step is perhaps due to higher market share which company reached recently. CETV also updated outlook for revenue from USD 795 mil. to USD 820 mil.
Undoubtedly it is best performing blue chip of last weeks at Czech Stock Exchange. CETV is also traded on NASDAQ.

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