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 […]
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 Group (NENT Group) Norway has appointed its pay TV head Vegard Klubbenes Drogseth as its new CEO, replacing Morten Aass. Aass served as CEO of NENT Group Norway since 2017 and has decided to take on a new role as group-wide advisor on strategic content projects to Anders Jensen, NENT Group president and […]
Equestrian sports channel H&C has launched its Swedish channel on Nordic Entertainment Group’s Viasat platform where it will be offered on an a la carte basis, retailed at SEK59 (€5.65). Viasat’s subscribers in Sweden will be able to watch H&C’s offering of equestrian sport, including a calendar of Swedish and international events, exclusive masterclasses, and […]
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 […]
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 […]
MTG has agreed to sell its Nordic broadcasting and entertainment business to Danish telco TDC in a deal that values the assets at SEK19.55 billion (€2.0 billion). MTG will merge its Nordic Entertainment and MTG Studios businesses, which employ 1,800 people combined, with TDC to create a fully integrated media and communications provider. The new company […]
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