MTG


Denmark’s TV 2 agrees eSports deal with MTG

MTG’s eSports companies Turtle Entertainment – which operates the ESL brand – and DreamHack have signed a broadcasting deal with Danish national TV network TV 2. The deal will see TV 2 provide more than 700 hours of eSports content to TV viewers in Denmark throughout 2019 – including Counter-Strike: Global Offensive (CS:GO) tournaments organised […]

MTG’s gaming portfolio now stands at 11 companies

MTG has invested in 11 US and European gaming and interactive entertainment startups since launching its US$30 million gaming investment fund last November. The company’s portfolio includes content, tools and live experiences spanning online gaming, eSports and virtual reality, with MTG now claiming to be one of the most active investors in the gaming sector. “The […]

Finland’s DNA to sell Viaplay direct to subscribers

Nordic Entertainment Group (NENT), the soon-to-be-split-off broadcast and streaming arm of Modern Times Group (MTG), has agreed a deal with Finish cable and pay TV operator DNA to include NENT’s Viaplay streaming service in DNA’s TV offering. DNA will become the first telecom operator in Finland to offer Viaplay to customers as a separate subscription. […]

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 […]

New DTH TV chief for Nordic Entertainment

Nordic Entertainment Group, the soon to be split off broadcasting and streaming arm of Modern Times Group (MTG) has appointed Sahar Kupersmidt as SVP and head of Nordic DTH TV. Kupersmidt will lead the region wide development of Nordic Entertainment’s Viasat satellite operator business, which offers pay TV services to customers in Denmark, Finland, Norway […]

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 […]

MTG’s Dreamhack and Discovery partner to create eSuperliga

MTG-owned eSports company Dreamhack has partnered with Discovery Networks Denmark and the country’s top football league, Danish Superliga, to create a national FIFA gaming league. The inaugural eSuperliga season will kick off on November 5 and will run across seven weeks, with 16 top-tier Danish football clubs competing against each other by playing EA Sports’ […]

MTG increases eSports investment, writes down Zoomin.TV assets

MTG has increased its stake in eSports business Turtle Entertainment and has announced that it will write-down the value of Zoomin.TV by SEK169 million (€16.4 million) in its Q3 results. In a statement released Friday, MTG said that it has paid roughly SEK152 million (€14.3 million) to up its stake in Turtle Entertainment – which […]

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 […]

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