Czech billionaire, Petr Kellner, who recieved $530 million in cash plus stock in Central European Media Enterprises (by selling TV Nova to Ronald Lauder back in 2005), is taking on Media businesses by storm in Eastern Europe.
According to Forbes, just this past year, Kellner has invested $14 million+ in the creation of Nase Adresa (“Our Address”), a print publication and web site that reports Czech Republic news. Read more at Forbes