MTG takes 22% of Engage Sports Media
Modern Times Group (MTG) has bought a 22% stake in cross-platform sports content company Engage Sports Media. MTG said the investment, which was agreed for undisclosed terms, gives it the option to increase its shareholding in the future. Commenting on the deal, Arnd Benninghoff, CEO of MTG’s digital accelerator arm MTGx, said that there is […]