Hulu makes first eSports play with ESL deal

Hulu is set to move into eSports for the first time after agreeing a deal with ESL bring new gaming-themed series to the streaming platform. ESL will develop and produce four new eSports series that will premiere on the US VOD service later this autumn – Player v. Player, Bootcamp, Defining Moments and ESL Replay. […]

MTG makes €115m from Baltic nets sale

Modern Times Group is selling its operations in the Baltic states to Providence Equity Partners in a deal that values the free, pay TV and radio businesses at €115 million (US$124 million), or twelve times 2016 earnings before interest and tax. MTG said the sale was part of its plan to transform itself  from “a […]

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 […]

eSporting chance

The biggest programme genre of future might come from an unusual source. Jesse Whittock speaks with the companies behind the eSports gaming revolution Something’s been happening in the bedrooms of millennials around the world, and the television world has finally noticed. While producers and broadcasters were attempting to harness the power of user-generated content from […]

Pilgrim, esports firm create TV, digital pact

Craig Piligian’s Pilgrim Media Group and esports firm ESL have formed a partnership to create and distribute original content. The pair will focus on esports entertainment content – filmed and live gaming competitions – for television and digital platforms. ESL is one of the world’s leading esports companies, with its events including in the Intel […]

MTG closes deal for Turtle Entertainment

The Modern Times Group has finalised a deal for Turtle Entertainment, the Cologne-based e-sports specialist. Turtle owns the ESL online games league, which is popular with online viewers. Its diet of online games leagues and competitions, which includes the ESL One and Intel Extreme Masters, has attracted over 70 million unique viewers over the last […]

MTG pays €78m for ‘e-sports’ stake

Modern Times Group is to acquire a 74% majority stake in Cologne-based e-sports specialist Turtle Entertainment, which operates the ESL ‘e-sports’ brand. MTG cited the dramatic growth in e-sports, which is expected to attract 260 million unique viewers by the end of this year, as the key motivation for the investment. MTG’s majority stake in […]