Arnd Benninghoff

MTG targets US digital with new hire

Modern Times Group has appointed Digital Artists Entertainment boss Scott Rupp to develop the presence of its MTGx digital arm in the US. Rupp will be tasked with developing US opportunities for MTGx’s portfolio, expanding the company’s international network and sourcing new digital investments. Rupp has 20 years experience in digital media and entertainment and […]

MTG moves into online gaming

Modern Times Group has moved into online gaming by buying a 35% stake in German online games developer and publisher, InnoGames. The deal, which values InnoGames at €260 million (US$287 million), will see MTG take the stake from Eight Roads Ventures, and the company’s founders with the option to buy a further 16% at the […]

Networks ‘must embrace eSports to stay relevant’

Broadcasters must adapt to the specific tastes of millennials in order to survive, and in particular to the emerging phenomenon of e-sports, according to a top European exec. MTGx’s Arnd Benninghoff said eSports was becoming “the defining pillar of  pop culture”. Speaking at TV Connect in London yesterday, Benninghoff, CEO of Modern Times Group’s new media arm, MTGx Ventures, said that […]

Going (digital) native

Why are television’s biggest groups spending millions of dollars on YouTube talent-focused multichannel networks? Jesse Whittock speaks with key players to build a picture of this emerging ecosystem and identify where the digital dollars are coming from. Research released this summer suggested the top 100 YouTube multichannel networks are worth nearly US$10 billion, with the […]