Wednesday, October 10, 2007

CETV receives incomes due to politics.

Politicians in Czech Republic has revealed bright future for Central European Media (CETV) after Chamber of Deputies last week voted novel of media law. The law unblocks development of DNP (digitalizing).
Last week in Ukraine, other CEE market where CETV is doing business, hold preliminary elections. Election campaign was very expensive even in comparison with European standard. Major spendings were for advertising in TV which could contribute CETV very well. And therefore incomes in third qaurter are expected higher. It is welcomed after disappointing first half year of 2007.


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