Modern Times Group
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| Publicly traded Aktiebolag | |
| Traded as | Nasdaq Stockholm: MTG A, MTG B |
| Industry | Media |
| Founded | 1987 |
| Headquarters | , Sweden |
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Key people
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David Chance (Chairman), Jorgen Madsen Lindemann (President and CEO), Maria Redin(CFO) |
| Products | Free-to-air and subscription television video on-demand broadcasting, television production, radio broadcasting, online retail |
| Parent | Kinnevik AB |
| Website | www.mtg.com |
Modern Times Group (MTG) is a Swedish digital entertainment company. MTG was formed out of the media holdings of investment company Kinnevik, which in 1997 was distributed to the company stockholders. MTG operates free-to-air and pay-TV channels and their catch-up (AVOD) services, radio stations, a premium subscription online service Viaplay, multi-channel networks (MCN) Splay Networks and Zoomin.TV, as well as eSports businesses, ESL and Dreamhack.
Since July 2015, MTG's digital presence was expanded through a number of acquisitions. MTG bought 74% of the shares in Turtle Entertainment, the company that runs Electronic Sports League (ESL), an eSports tournament organiser and followed up that acquisition with a further investment in Splay, Scandinavia's largest Multi-channel network, going from 49% to 81% of the shares in the company. MTG then acquired 51% of the shares in Zoomin.TV, Europe's largest MCN and the 5th largest network on YouTube. Also very recently, MTG made the acquisition of 100% of DreamHack, one of the biggest eSports tournament organisers in the world.
MTG operates advertising funded channels in Scandinavia, Czech Republic, Bulgaria, and the Baltic countries. Typically, the portfolio structure for these channels is one primary channel (TV3, Prima, Nova), and then secondary channels (TV6, TV3+, Prima Love, etc...) These channels generate primarily advertising revenues, and are classified as free-TV, but a majority of the Scandinavian free-TV channels are encrypted and subject to decoding fees.
Networks
MTG operates the Viasat satellite platform in the Scandinavia and Baltic states, offering both in-house and third party channels. The sports channels available in the different Scandinavian countries differ somewhat depending on different rights held for different markets and different business agreements. MTG also operates Viaplay, an online pay-TV service in the Nordic countries. MTG is also present in the MCN space through its part ownership of Splay, the largest Swedish MCN ('Multi Channel Network') on YouTube, and Zoomin.TV, one of the largest MCNs that has local presence in 12 countries and produces short form videos in 26 markets.
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Wikipedia