CDM
CDM is one of the oldest portals in Montenegro, which initially started as Cafe del Montenegro Forum and was designed to allow users to discuss various topics. While CDM still maintains the forum as a special section of the portal, it transformed fully into a news outlet and became the second most-read online media in Montenegro. According to SimilarWeb in the period from February to April 2023 the website had 14,67 million visits.
The media is published by the CDM doo and is majority owned by the Greek businessman Petros Stathis, through several of his affiliated companies.
Audience Share
Missing Data
Ownership Type
Private
Geographic Coverage
International
Content Type
Free
Media Companies / Groups
CDM
Ownership Structure
The company behind Portal CDM is CDM d.o.o. which is 100% owned by Media Nea d.o.o.
Voting Rights
Missing Data
Individual Owner
General Information
Founding Year
2012
Affiliated Interests Founder
A media representation company whose owner is "First financial holdings" and Boris Darmanović. Media Nea d.o.o. is only formally the founder of CDM, since it is entirely owned by another company.
Affiliated Interests Ceo
Co-founder of Media Nea holding and the CEO of the CdM Portal
Boris Darmanović also owns 65% of the d.o.o. Umrli.me web portal.
Affiliated Interests Editor-In-Chief
Co-founder of Media Nea holding and the CEO of the CdM Portal
Boris Darmanović also owns 65% of the d.o.o. Umrli.me web portal.
Contact
Ulcinjska 7b, Podgorica
81000 Podgorica
E-mail: redakcija@cdm.me
Phone number: +38267509835
Web: www.cdm.me
Financial Information
Revenue (in Mill. $)
0,322 million EUR / $ 0,338 million
Operating Profit (in Mill. $)
-0,057 million EUR / $- 0,059 million
Advertising (in % of total funding)
Missing data
Market Share
Missing data
Further Information
Headlines
Meta Data
The data on the media outlet was collected from the Central Registry of business entities of Montenegro, Tax administration portal Taxis, website of the media and desk research. Audience shares are missing, since there is no credible centralized audience measuring mechanism in the country.
MOM team in Montenegro contacted the media outlet on August 18, 2023, as is the practice for Media Ownership Monitor, to invite the media owners to proactively disclose information relevant to the study.
The annual average exchange rate of the Central Bank for 2022 was used to convert EUR into USD (1,05).