In the rush to report on the unfolding tragedy in Norway last week, some prominent media linked to, embedded, or otherwise rebroadcast what has turned out to be a fake video of the bombing of the government building in Oslo (by Anders Behring Breivik). The creator of the fake video uploaded on YouTube — titled “Second Explosion in Olso – captured on cell phone”— is a Czech man.

The Czech parliament passed a new media law on Wednesday that includes a call to ban advertising on the two main Czech public TV channels. The new legislation, which would come into effect on November 11 if approved by the Senate and signed into law by President Václav Klaus, would boost the share of the two nationwide commercial channels to an estimated 95 percent of the TV advertising market.

Czech tennis player Petra Kvitová’s Wimbledon singles win has added another zero to her marketing and sponsorship earnings potential, says marketing manager Miroslav Černošek. With brands like Nike and Wilson already on board, he says companies are now queueing up to sign deals, with Czech energy giant  ČEZ already hiring the young star to be the face of one its power products.

French media and defense group Lagardère has finalized the sale of its international magazine businesses in Russia and Ukraine to Hearst Corporation, having now received the necessary approval, and expects to exit the Czech and British shortly.