The US media giant Time Warner will acquire a 31-percent stake in CME, a media corporation that owns the Czech Republic’s largest commercial station TV Nova, according to a statement issued by CME on Monday. Time Warner will pay over USD 241 million for the share. CME’s founder Ronald Lauder said that the alliance with Time Warner would accelerate CME’s development. Apart from the Nova in the Czech Republic, CME owns TV stations in Slovakia, Bulgaria, Croatia, Slovenia, Rumania and Ukraine.
Archaeologists find unique grave of Roman era warlord in Uherský Brod
Czech Ambassador to Ethiopia Pavel Mikeš: ‘If you wait long enough, an egg will walk on two legs’
New debate erupts over use of -ová suffix in Czech female surnames
Divided by Freedom – Large-scale Czech Radio survey finds six social classes in Czech society
Josef Becher – the man behind Czech Republic’s iconic liqueur