MTG merging digital businesses

Modern Times Group is to merge its Viaplay online pay TV business with the MTGx ‘digital accelerator’ unit it set up last year, to create a more powerful, combined digital entertainment arm. The new unit will be headed by Rikard Steiber, currently MTG’s execuive VP and chief digital officer. Niclas Ekdahl, the current CEO of […]

MTG makes digital acquisition in CEE

MTG has inked a deal for a controlling share of Bulgarian digital conglomerate Darik News and Net info. The pan-European broadcast group has agreed to buy a 70% share of the Bulgarian business for an undisclosed sum. The agreement will give MTG a range of digital assets in the country including the news website, […]

MTG has further plans to build content business post DRG deal

Modern Times Group says it plans to build its content and distribution business having already acquired UK sales house DRG and Norwegian producer Novemberfilm. The pan-European broadcaster reported half-year results yesterday and president and in his review of the six months to end-June, CEO Jørgen Madsen Lindemann (left) noted the creation of the company’s new […]

MTG creates digital hub in VOD drive

Modern Times Group is to create a new ‘digital hub’ to accelerate the pace of its innovation and expansion into digital distribution. The new unit, MTGx, will he headed by MTG executive VP and chief digital officer Rikard Steiber. The division will be charged with developing video-on-demand experiences, building a portfolio of new entertainment services […]