Modern Times Group

MTG: cost savings boost results

The programme of cost cutting at Modern Times Group has helped boost its half-year profits, the company said this morning. The pan-European free and pay TV company added that it has tweaked the price of its pay offerings and added more content, and the performance of its traditional businesses are allowing it to sink more […]

AMC creates eSports SVOD network

AMC Networks International Iberia and gamer culture MCN Machinima have created an SVOD network dedicated to eSports and gaming. The platform, billed as a “many2many service”, will be available on pay TV platforms, smart TVs and as iOS and Android apps in Spain and Portugal. Programming will include Machinima original productions such as Street Fighter: […]

MTG preps premium sports channel

The Modern Times Group will launch a new premium sports channel in Sweden.   The Viasat Sport Premium channel will have English Premier League games and those from the Champions League. There will also be coverage of football from Spain and Italy.   With sports rights – and notably Premier League rights – increasingly expensive, […]

MTG completes sale of CTC stake

The Modern Times Group (MTG) has completed the sale of its 38% stake in Russian broadcasters CTC Media. The Swedish-based free and pay TV group received a total of US$123 million for the stake, and the deal leaves MTG with no further interest in CTC or any of its operations. The sale will result in […]

AMC, Nat Geo explore Baby Animals in the Wild

AMC Networks International in Spain and National Geographic in Latin America and Asia have acquired wildlife programming from distributor DRG. Baby Animals in the Wild has gone to AMC, Nat Geo, LIC in China and Next Step Television in Thailand. Next Step and AMC have also acquired rights to Baby Animals in Our World. Both […]

Another ex-MTG exec joins Antenna

Former Modern Times Group COO Marc Zagar has joined Greece-based broadcaster Antenna Group as CFO. Zagar joins from telecoms group Millicom, where he was group CFO and head of financial planning. Prior to that he was on Scandinavia-based MTG’s executive committee board, holding various high-level roles. Antenna is gearing up for expansion, having recently hired […]

Nice prodco gets new CEO as Marschall exits

Nice Entertainment producer Paprika Latino has promoted its COO to replace current CEO Peter Marschall. Akos Erdos’ elevation to chief executive comes as part of what Paprika described as a “planned succession process”. He joined the firm in 2013 from Hungary’s Origo Film Studios. The company was born in Romania and has expanded through central […]

MTG pre-buys factual package from WildBear

The Modern Times Group has prebought a four-series package of factual fare from WildBear Entertainment. Australian factual producer and distributor WildBear has sold the 33-hour package to MTG for its Viasat History and Viasat Nature channels across Scandinavia, Russia and the CEE and CIS regions. The series covered in the deal span wildlife and natural […]

MTG targets $73.6m savings in 2016

Modern Times Group will aim to make roughly SEK600 million (US$73.6 million) in savings this year as it continues to evolves from a “traditional broadcaster into a digital entertainment company”. In its 2015 annual report, MTG president and CEO Jørgen Madsen Lindemann said that the company has changed the way it works, transformed the business […]

MTG to sell Ukrainian assets to 1+1

Modern Times Group has signed an agreement to sell its Ukrainian pay TV operation to local commercial broadcaster 1+1 Media Group, subject to local regulatory approval. In addition to offering various packages of up to 110 channels via satellite, Viasat Ukraine provides the TV content for mobile telecom provider Kyivstar’s OTT TV offering, which includes […]