Jyxo, whose operations extend to Slovakia and Hungary, has 400,000 active blogs and 2.5 million real users per month. In 2007, it had combined revenues of €710,000 and a profit of €440,000.
In a press release, Michael Garin, CME's Chief Executive Officer, stated: "The addition of Jyxo and the leading blog site marks another key milestone in the evolution of CME's rapidly growing Internet offering." CME (www.cetv-net.com) operates stations in six countries in Central Europe with a combined population of 90 million people. It trades on Nasdaq at CETV.