Modern Times Group acquires Latvia’s LNT

Free and pay TV broadcaster Modern Times Group has acquired Latvia’s second-ranked commercial broadcaster Latvijas Neatkarīgā Televīzija for an undisclosed sum. The company broadcasts national commercial channel LNT, Russian language channel TV5 and entertainment channel LMK. LNT posted revenues of just under €7 million for the first nine months of 2011. Upon completion of the […]

MTG to recognise SEK3.2 billion costs

Broadcaster Modern Times Group has been forced to recognise approximately SEK3.2 billion (€360 million) one off costs in its next set of results. The announcement was made following an annual ‘asset impairment test’. The majority of the costs relate to the company’s Bulgarian operation, although MTG’s decision to terminate its loss-making free-to-air business in Slovenia […]

MTG rebrands movie channel, plans new launches

Broadcaster Modern Times Group has rebranded its TV1000 movie channel brand to Viasat Film across the Nordic region. The company will also launch four new premium HD channels in Sweden, Norway, Denmark and Finland in March. Viasat’s movie channel offering will consist of Viasat Film and Viasat Film HD; Viasat Film Action and Viasat Film […]

MTG gets new ice hockey deal 

Modern Times Group has extended a deal for free and pay TV rights to the IIHF Ice Hockey World Championship throughout the Baltic region. The deal, which also includes mobile and digital rights, has been extended until 2017. MTG will carry 20 games from the tournament on its free channels in the region and 50 […]

MTG likely to take market share, say analysts

Modern Times Group is expected to take market share in the free-to-air broadcasting business in Scandinavia and grow it subscription pay TV services in the region, according to analysts. Investment bank Morgan Stanley has noted that the broadcast group is a strong medium-term investment option and is one of the most well positioned broadcasters in […]

Volia boosts HD offering

Ukrainian cable operator Volia has boosted its HD offering with the addition of Modern Times Group channels Viasat History HD and Viasat Nature HD. The channels will be available in promotional mode until the end of the year, after which subscribers will be polled on the changes. Volia’s HD package currently comprises Nat Geo HD, […]

Viasat adds nine catch-up channels

Pan Nordic broadcaster Viasat has added nine channels to its online catch-up television service Viaplay. The channels will be available on the digital platform across the region. Channels including classic movie network TCM, MTV, CNN, CNBC News, Nickelodeon, Nick Jr., Cartoon Network, Boomerang as well as Viasat’s own Crime Play channel. Niclas Ekdahl, chief executive, […]

MTG gets NHL hockey rights

Modern Times Group has acquired the exclusive distribution rights to the National Hockey League (NHL) in Sweden, Norway, Denmark and Finland from Medge Consulting. The rights include exclusive live coverage on free-to-air TV, pay TV and the internet until the end of the 2015-16 season. Swedish viewers will be able to watch live NHL games […]

Modern Times Group ups sales and revenues

Modern Times Group has reported an 8% increase in revenues of SEK9.8 billion (€1 billion) for the first nine months of the year. The broadcast group’s pre-tax profit for the period was SEK1.3 billion. For the three months to end-September, revenues were up 4%, taking the total to SEK3.1 billion.
 “The Scandinavian TV advertising markets […]

MTG extends presence in Africa

Modern Times Group (MTG) has launched its Viasat History and Viasat Nature pay TV channels in Uganda and Tanzania, following the signing of a distribution agreement with China-based digital-terrestrial television operator StarTimes. StarTimes will also include the channels in its pay TV offering in Nigeria. Viasat History and Viasat Nature are each being broadcast 12 […]