Sweden


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 […]

Kinnevik CFO quits MTG board ahead of shares distribution

Kinnevik chief financial officer Joakim Andersson has resigned from Modern Times Group’s board of directors following Kinnevik’s decision to distribute all of its shares in the media group to its shareholders. Andersson was appointed to the MTG Board of Directors in 2015. He was also a member of MTG’s audit committee and chairman of MTG’s […]

Com Hem expects box-less TV to be main service in future

Com Hem expects the box-less TV offering it launched earlier this year to become its main TV service in the future as consumer habits change, while its Android-based TV Hub service is now being sold by both its Com Hem and Boxer brands, according to CEO Anders Nilsson. In comments accompanying the Swedish cable and […]

BeIN Media hails anti-piracy victory in Sweden

Qatar-based pay TV operator BeIN Media has secured a victory in its battle with piracy following a Swedish court handing prison sentences and fines to three individuals behind Arabic-region pirate outfit Advanced TV Network (ATN). The conviction follows a complaint filed by Nordic antipiracy group Nordic Content Protection in 2016. The trio behind ATN have […]

Nordic Entertainment Group launches new corporate branding

Nordic Entertainment Group (NENT Group) has launched new corporate branding that is designed to reflect its ambitions to provide “the best and broadest entertainment experiences in the Nordic region and beyond.” The move comes ahead of NENT Group’s previously announced split from MTG, with each to operate as a separate organisation from 1 July. “The […]

Swedish streaming habits revealed

Swedes spend an average of six hours a week streaming films and series out of a total of 29 hours on average spent on the web, according to a study by digital-terrestrial pay TV operator Boxer and Kantar SIFO. Of the other hours spent on the internet, Swedes spend an average of six hours working […]

Com Hem launches smart home platform for MDUs

Swedish cable operator Com Hem has launched a new smart home platform aimed at the multi-dwelling units (MDU) business. Com Hem Smart will, according to the operator, enable residents to book common spaces and resources and share and exchange with their neighbours. It will also give landlords digital tools to keep administrative and maintenance costs […]

TV4 Play launches on Samsung smart TVs

Bonnier Broadcasting-owned Swedish streaming service TV4 Play has launched a version of its app on Samsung’s smart TV platform. The TV4 Play app is now available on Samsung smart TVs from 2015 and later. The app can be downloaded from the Samsung Smarthub, enabling viewers to see a range of free-to-air programmes, series and live […]

MTG reports strong Q1 results ahead of business split

Modern Times Group (MTG) reported strong first quarter results with 9% organic growth and profits up 73% as it prepares to split the business into two by spinning off Nordic Entertainment Group. For the January-March period MTG reported record Q1 sales of SEK 4,674 million (€450 million) compared to SEK 3,704 million a year earlier, […]

MTG unveils Nordic Entertainment Group management team

Nordic Entertainment Group – the renamed and soon-to-be split-off broadcasting arm of Modern Times Group (MTG) – has named its new management team under CEO Anders Jensen. The new team will be effective as of July 1, following the split between the new MTG, which will focus on eSports and digital video content under current […]

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