Modern Times Group


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 ($18 million) in its Q3 results. In a statement released Friday, MTG said that it has paid roughly SEK152 million ($17 million) to up its stake in Turtle Entertainment – which […]

Nordic Entertainment names senior team ahead of MTG split

Nordic Entertainment Group – the renamed and soon-to-be split-off broadcasting arm of Modern Times Group (MTG) – has named its new management team under CEO Anders Jensen. The new team will be effective as of July 1, following the split between the new MTG, which will focus on eSports and digital video content under current […]

MTG unveils Those Who Kill reboot for Viaplay

Modern Times Group (MTG) has announced plans for a new original series based on the 2011 Danish psychological crime drama Those Who Kill. The new version of Those Who Kill will be produced by Miso Films for MTG’s Nordic video streaming service Viaplay, and will subsequently air on MTG’s free-to-air TV channel TV3 in Denmark, […]

MTG acquires games publisher Kongregate

Modern Times Group (MTG) is to acquire US games publisher and developer Kongregate from its current owner GameStop Corp for US$55 million. San Francisco-based Kongregate, which began life as a browser-based games developer but expanded into mobile and ‘Steam’ games and recently acquired San Diego-based games studio Ultrabit, grew its net sales by 38% last […]

MTG names new Viaplay chief as Karlen exits

Modern Times Group (MTG) has named Ira Gladnikoff (pictured) as head of its subscription video-on-demand service, Viaplay, replacing Jonas Karlén, who has decided to leave the company. Gladnikoff, who was previously chief commercial officer at Viaplay, will take over with immediate effect. She joined the streaming outfit in 2015, and has been credited with helping […]

Strong choice for CEO at Nice prodco

Nice Entertainment Group has named a Mastiff programming chief as the CEO of its Danish prodco, Strong Productions. Kristian Farcin-Leth has succeeded Trine Bjørn Jakobsen, who will become Strong’s programme director after taking on the role in the interim when Fredrik Hillerbrand exited in December 2016. Hillberbrand was named managing director of Warner Bros. International […]

Passion sales chief resurfaces at DRG

Elin Thomas has joined UK-based distributor DRG just days after her exit from Passion Distribution was announced. She has taken on a newly-created post as executive VP of sales at the Modern Times Group-owned company, with former Arte France sales manager Emilie Klienmann also joining. At DRG, she will oversee the sales operation, reporting to […]

DRG backs Wildseed to grow

London-based distributor DRG is to provide funding for talent and content incubator Wildseed Studios. The partnership will see DRG investing in a round of Wildseed pilots this financial quarter, and will continue indefinitely with the investment described as “uncapped”. However, Modern Times Group-owned DRG will not take an equity stake in UK-based Wildseed, a spokesman […]

Nice names new CEO as Aass makes MTG switch

Nice Entertainment Group has hired a new CEO after incumbent Morten Aass was named at the head of the Scandinavian producer’s broadcaster cousin in Norway. Modern Times Group content exec Morten Mogensen (pictured left) will now lead Nice (below right), with Aass becoming CEO of Modern Times Group Norway. Nice sits within European broadcasting group […]

TBI Digital: Year in Review

Twenty-sixteen was bookended by subscription VOD services taking their limited offers and launching them globally around the world – Netflix shocked the world by switching on in a total of 200 territories in January and Amazon Prime Video ended the year by doing the same (albeit after 12 months of flat-out denials). The impact for […]

1 2 3 11