Mathias Hermansson


MTG veteran Hermansson leaving

The executive chairman of MTG’s digital MTGx division, Mathias Hermansson, is leaving the company. Hermansson (pictured) has been at MTG since 1999, is one of the company’s longest serving senior execs, and has been tipped as a successor to CEO Jørgen Madsen Lindemann. He will exit in early 2017. Hermansson told TBI he wasn’t yet sure […]

MTG restructures after digital boss exits

MTG chief digital office Rikard Steiber is leaving the company amid a company restructure of its digital operations, the latest of a line of changes at the TV and media firm. Steiber had been running the Viaplay streaming service as well as the digital MTGx division. Jonas Karlén (left) took control of Viaplay earlier this year […]

MTG chiefs quit CTC Media board

Modern Times Group’s CEO Jørgen Madsen Lindemann and CFO Mathias Hermansson have left the board of Russian commercial broadcaster CTC Media. The news comes as MTG mulls its options in Russia ahead of the imposition of new rules drastically restricting the scope of foreign ownership of media assets. Lindemann has additionally resigned as co-chairman of […]

MTG in $834m refinancing agreement

European media giant Modern Times Group has refinanced its debt arrangement by agreeing to a new SEK5.5 billion (US$834.3 million) credit facility and SEK1 billion loan. The new arrangement replaces an existing SEK6.5 billion credit facility due for repayment in October 2015. It is provided by eight international banks and was self-arranged by MTG. MTG […]