MTG sells Gen Z video outfit Zoomin

Modern Times Group has sold 100% ownership of Zoomin, its youth-oriented digital production outfit, to Azerion, a Dutch-based media and entertainment technology company. Zoomin turned in net sales of SEK50 million (€4.6 million) last year and EBITDA of negative SEK34 million. MTG said that as a result of the deal, it would post a net […]

MTG’s InnoGames and Zoomin.TV prep video series

MTG’s online and mobile games developer, InnoGames, and its Generation Z-focused content production unit, Zoomin.TV, are due to collaborate on a new video series. The series will showcase InnoGames’ portfolio with a focus on the company’s flagship game Forge of Empires and its recently launched title Warlords of Aternum. MTG said that the project sets the scene for […]

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 […]

Zoomin.TV agrees long-form series deal with Tencent

MTG-owned online video network Zoomin.TV has agreed to produce a six-episode original long-form series for the Chinese Internet giant Tencent. Reality knock-out show The Amazing Drone Race (6×25’) will be distributed on Tencent’s video platform and will be filmed half in China and half on location around the world. “We’re very pleased to extend and intensify […]

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 […]

MTG takes full control of digital video network Zoomin.TV

MTG has upped its stake in Zoomin.TV from 51% to 100% after agreeing to buy out the digital video network’s founders Jan Riemens and Bram Bloemberg. MTG acquired the remaining 49% of Zoomin.TV from Adversa Media Groep, which is controlled by Riemens and Bloemberg, paying a cash consideration of €6.2 million and settling Adversa’s €11.3 […]

Zoomin.TV to be available to Vewd-enabled devices

Online video network Zoomin.TV has formed a partnership with technology outfit Vewd to bring its video channels to Vewd-enabled devices. The channels Zoomin TV and Zoomin Games are already available in the Vewd App Store, which can be found on a variety of connected TV devices from Sony, Samsung, HiSense, Tivo, and Vestel. Zoomin.TV users […]

Zoomin.TV and Ownzones agree app and content deal

OTT entertainment and technology provider Ownzones has struck a three-year partnership deal with MTG-owned online video network Zoomin.TV. Under the agreement Zoomin.TV will create content for Ownzones’ media content and network platforms, while Ownzones will build at least 10 dedicated mobile and over-the-top (OTT) Zoomin.TV apps. Ownzones will use Zoomin.TV’s experience in producing gen Z-targeted […]

Facebook adds Zoomin.TV Gen Z shows to Watch

Facebook has teamed up with Modern Times Group (MTG)-owned online video network Zoomin.TV to deliver a series of purpose-made Generation Z-focused shows for the new Facebook Watch video hub. Zoomin.TV content on Watch will include #WomenWarriors, a series on Facebook’s Local Heroes channel that features “remarkable women making a difference around the world” and #BeyondPlastic, […]

MTG’s Zoomin.tv targets China with Tencent deal

MTG-owned online video network, Zoomin.tv, is setting its sights on China after partnering with domestic internet giant Tencent. Zoomin.tv is now making video stories available via Tencent’s mobile messaging service WeChat, its social networking site Qzone and its news app Tian Tian Kuai Bao. Zoomin.tv said it is targeting some 1.5 billion Chinese viewers across the Tencent […]