Our actual revenues were affected by FX depreciation, but in constant currencies, they were flat year-on-year with growth in Media Entertainment and New Media. We continue to expand our content offer with 3 new TV channels and 2 new linear Internet channels and the growing number of TV and cinema rating boosters. Voyo became a leader in the subscription video-on-demand segment in our region. CME is now better positioned to face the challenges of the market with the simplified capital structure, stronger balance sheet, unique business model and potential for organic growth.David will now walk you through the macroeconomic situation in our region.
Central European Media Enterprises Management Discusses Q2 2012 Results - Earnings Call Transcript
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