MTG has completed the sale of its Czech TV assets as it continues its transformation from “traditional national broadcaster into global digital entertainer”. In a statement, MTG confirmed it has closed the sale of its 50% shareholding in FTV Prima Holding to Denemo Media for a total cash consideration of €116 million. The Nordic company […]
Modern Times Group has sold its 50% shareholding in Czech free-to-air broadcaster Prima, with plans to invest further in “digital transformation”. Announcing the sale, Nordic free and pay TV broadcaster MTG said it is considering using the proceeds to increase its ownership in Germany-based online games developer InnoGames from 21% to 51%. The sale means MTG is […]
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