MTG


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 […]

MTG and NENT Group secure €382m credit

Modern Times Group (MTG) and the newly separated Nordic Entertainment Group (NENT Group) have jointly agreed a SEK 4 billion (€382 million) five-year revolving credit facility with a group of six Nordic banks. The facility replaces MTG’s existing SEK 4 billion facility, which matures in December 2018, and will provide back-up funding for MTG’s SEK […]

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 […]

MTG’s Zoomin.TV partners with Baidu

MTG-owned online video network, Zoomin.TV, has signed a deal with Baidu to produce a 144-episode original series for the Chinese company’s short-form platform, Haokan. Amazing China Stories will target ‘Gen Z’ viewers in the country and will consist of 12 episodes per-month for a year. The episodes will showcase “Generation Z stories of Chinese living […]