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Broadcaster CME cuts 2013 revenue, OIBDA outlook
July 31, 2013 / 12:55 PM / 4 years ago

Broadcaster CME cuts 2013 revenue, OIBDA outlook

PRAGUE, July 31 (Reuters) - Broadcaster Central European Media Enterprises (CME) cut its outlook on Wednesday, saying it expected 2013 revenue of between $700 million to $720 million.

It sees operating income before depreciation and amortisation (OIBDA) at $50 million to $70 million.

In April, CME had said it expected revenue of between $750 million and $770 million and OIBDA of $100 million to $120 million.

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