FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * TIME WARNER INC.   2. Issuer Name and Ticker or Trading Symbol CENTRAL EUROPEAN MEDIA ENTERPRISES LTD [CETV] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) ONE TIME WARNER CENTER,  3. Date of Earliest Transaction (Month/Day/Year) 04/25/2018 (Street) NEW YORK, NY 10019 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 04/25/2018   X   46,822,524 (1) (2) A $ 46,822,524 108,230,299 I By Subsidiary (3) Class A Common Stock 04/25/2018   X   24,104,472 (1) (2) A $ 24,104,472 132,334,771 I By Subsidiary (3) Class A Common Stock 04/25/2018   X   6,300,000 (1) (2) A $ 6,300,000 138,634,771 I By Subsidiary (3) Class A Common Stock 04/25/2018   X   23,700,000 (1) (2) A $ 23,700,000 23,700,000 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Class A Common Stock Warrant (right to buy) (2)

$ 1

04/25/2018

X

46,822,524

05/02/2016

05/02/2018

Class A Common Stock

46,822,524

$ 0

0

I

By Subsidiary (3)

Class A Common Stock Warrant (right to buy) (2)

$ 1

04/25/2018

X

24,104,472

05/02/2016

05/02/2018

Class A Common Stock

24,104,472

$ 0

0

I

By Subsidiary (3)

Class A Common Stock Warrant (right to buy) (2)

$ 1

04/25/2018

X

6,300,000

05/02/2016

05/02/2018

Class A Common Stock

6,300,000

$ 0

0

I

By Subsidiary (3)

Class A Common Stock Warrant (right to buy) (2)

$ 1

04/25/2018

X

23,700,000

05/02/2016

05/02/2018

Class A Common Stock

23,700,000

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
TIME WARNER INC. ONE TIME WARNER CENTER NEW YORK, NY 10019	X	X
TW Media Holdings LLC ONE TIME WARNER CENTER NEW YORK, NY 10019	X	X
Time Warner Media Holdings B.V. PIET HEINKADE 173 1019 GM AMSTERDAM, P7	X	X

Signatures

Brenda C. Karickhoff, Senior Vice President of Time Warner Inc.		04/26/2018
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Time Warner Inc. ("Time Warner") and Time Warner Media Holdings B.V. ("TW Holdings B.V.") have executed and delivered a Standing Proxy/Authorization pursuant to which the independent directors of Central European Media Enterprises Ltd. (the "Issuer") will be directed to vote the shares of Class A Common Stock acquired by Time Warner and TW Holdings B.V. through the exercise of warrants on April 25, 2018 in accordance with the instructions contained in the Standing Proxy/Authorization. The Standing Proxy/Authorization cannot be revoked for a period of two years and may be extended for one additional year.
(2)	Time Warner and TW Holdings B.V. acquired the warrants on May 2, 2014 in connection with financing transactions undertaken by the Issuer.
(3)	TW Holdings B.V. is a wholly owned subsidiary of TW Media Holdings LLC, whose interests are held by Time Warner and another subsidiary of Time Warner.
Remarks: See Exhibit 99 - Joint Filer Agreement.  TW Holdings B.V. may be deemed a director of the Issuer by virtue of its right to nominate representatives to serve on the Issuer's board of directors.  Mr. Paul Cappuccio, Ms. Iris Knobloch, Mr. Doug Shapiro, and Mr. Gerhard Zeiler currently serve as TW Holdings B.V.'s representatives on the Issuer's board.                                                                                                                                                Exhibit List:  Exhibit 99 - Joint Filer Agreement

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