Modern Times Group


MTG eSports unit in move to create new Swedish tournament

Modern Times Group (MTG)-owned eSports outfit DreamHack has teamed up with the Swedish Elite Football Association to create eAllsvenskan, a FIFA 19 eSports tournament set to take place in the spring. The eAllsvenskan will kick off on March 2 as part of the EA Sports FIFA 19 Global Series and will be broadcast live by […]

MTG’s Jette Nygaard-Andersen to leave group

Modern Times Group (MTG) digital chief Jette Nygaard-Andersen is to leave the group to pursue new opportunities. Nygaard-Andersen joined MTG in 2003 and has held several managerial positions within the group’s Nordic and international operations and, most recently, with MTG’s digital video content division. She will leave the group at the end of February. MTG CEO […]

NENT acquires WTA tennis rights

Modern Times Group’s soon-to-be-spun-off TV and streaming arm Nordic Entertainment Group (NENT Group) has acquired the exclusive Swedish, Norwegian and Finnish media rights to 50 tennis tournaments from the Women’s Tennis Association (WTA). The deal means that Nordic tennis fans can now follow players such as Denmark’s Caroline Wozniacki and Sweden’s Rebecca Peterson live on […]

Nordic Entertainment expands deal with Fox Networks Group

Nordic Entertainment (NENT), the soon-to-be-split-off TV and streaming arm of Modern Times Group (MTG) has expanded its long-term commercial partnership with Fox Networks Group, giving viewers in Denmark, Norway and Sweden access to shows from National Geographic on NENT Group’s streaming service Viafree, including programmes from the National Geographic Channel and NatGeo Wild. The agreement […]

Nordic Entertainment listing on track as MTG posts strong growth

Modern Times Group (MTG) is on track to list its Nordic Entertainment arm as a separate company in March next year following a strong third quarter that saw the Nordic media outfit’s revenues and profits grow substantially. Subject to shareholder approval, Nordic Entertainment, which encompasses MTG’s free and pay TV activities as well as its […]

Nordic Entertainment to be listed next March

Modern Times Group is to move ahead with the split-off of broadcasting and streaming arm Nordic Entertainment Group, with a listing for new company planned for the first quarter of next year. MTG said that a request for approval of the plan to float Nordic Entertainment would be put to an extraordinary general meeting in […]

Kinnevik completes distribution of MTG shares

Sweden’s Kinnevik has completed the completed the distribution of its shares in Modern Times Group to its shareholders, signaling its exit from ownership of the media company. Kinnevik has distributed a total of 13,503,856 MTG Class B shares to its shareholders. This total includes 4,461,691 MTG Class B shares that have been recently reclassified from […]

New name for Viasat Sport Baltic channel

All Media Baltics, the Providence Equity Partners-backed outfit that took control of Modern Times Group’s assets in the Baltic states last year, has rebranded the Viasat Sport Baltic premium sports channel as TVPlay Sports. The company has said that it will continue the strategy of Viasat Sport Baltic to be the market leader for premium […]

Bulgarian watchdog says no to MTG’s Nova sale

Bulgaria’s competition regulator, the Commission on Protection of Competition has blocked the sale of Modern Times Group (MTG)-owned Nova TV to Czech businessman Petr Kellner’s PPF Bidco. The watchdog said that the deal could reduce competition in the media and advertising market, citing Nova’s leading position in the media services market and the participants’ overlapping […]

Gaming boosts MTGx as Modern Times Group preps for split

A strong contribution from gaming outfit InnoGames helped boost Modern Times Group’s MTGx unit’s revenues in the second quarter. MTGx, which will form the basis of the ‘new MTG’ following the split of the company later this year, saw sales rise 63% on a reported basis and 25% on an organic basis. The unit deliver […]

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