Patrick Svensk


Aass lands top MTG content job as Svensk exits

European broadcaster Modern Times Group has made Morten Aass president and CEO of its content group in a move that sees Patrick Svensk exiting. Aass (left) takes on the Nice Entertainment Group top job having joined in September last year when MTG acquired Helsinki-based Nice, which comprises 15 production brands, distributor DRG and Modern Africa […]

MTG Studios becomes Nice Entertainment

The Modern Times Group has rebranded its content division MTG Studios as Nice Entertainment Group. Scandi broadcast group MTG said the new branding reflected the enlargement of the content group in the past year. MTG beat rivals to a deal for Scandi super indie group Nice Entertainment last September and that brand will now cover […]

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 […]

MTG buys Nice Entertainment Group for €84.4m

MTG Studios, the content arm of broadcast group MTG, has acquired Nice Entertainment for €84.4 million (US$114.2 million). Under the leadership of Patrick Svensk, MTG Studios has been actively buying production and distribution companies including DRG and Novemberfilm, which sit alongside its other production banners Strix and Paprika. It’s understood the likes of Core Media […]

MTG Studios makes its move

MTG rebranded Modern Studios and created MTG Studios two years ago with little fanfare. However, subsequent deals for Paprika Latino and Novemberfilm have helped put it on the map. TBI speaks to its CEO, Patrick Svensk, about creating a Scandinavian-owned Studio and to the people running its latest and most notable acquisition, UK-based distributor DRG. […]

MTG set to pip Sky Vision to DRG deal

Patrick Svensk’s MTG Studios is set to acquire UK distributor DRG after outgunning Sky Vision in an auction for the company, TBI understands. Sources close to the companies have said MTG Studios and Sky Vision are the remaining bidders in the process, with MTG set to win an auction process that began earlier this year […]