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As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay
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MTG To Make Annual Savings And Write Down Of Assets
MTG Ends Negotiations With Huya On China JV And ESL Investment
Mtg's Esl And Dreamhack Enters Three-Year Agreement With Blizzard Entertainment
Modern Times Group MTG AB (MTG) is a Sweden-based entertainment company. Its segments include Nordic entertainment (including free-television (TV) and radio, and pay-TV operations in the Nordic countries); international entertainment (including free-TV and radio, and pay-TV operations outside the Nordics); MTG Studios (including the content production and distribution operations), and MTGx (including eSports and multi-channel network operations). The Company connects audiences with the content that they want through multiple screens in the home and on the move, scheduled and on demand. Its TV channels and radio stations are funded by subscription and advertising revenues on both its own Viasat (satellite) and Viaplay (online) platforms, as well as third-party cable, fiber and terrestrial networks. It operates channels and platforms across the Nordic region and the Baltics, as well as scales broadcasting operations in the Czech Republic. Also, the Company publishes mobile games.
Skeppsbron 18, Box 2094
David Christopher Chance
Independent Chairman of the Board
Joergen Madsen Lindemann
President, Chief Executive Officer
Chief Financial Officer
Chief Executive Officer & Founder of Kongregate
Chief Executive Officer & Founder of InnoGames
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Bulgaria's anti-monopoly regulator said on Thursday it had blocked the sale of the Modern Times Group (MTG)'s Bulgarian Nova Broadcasting media group to the Czech Republic-based investment company PPF Group.
Media group MTG said on Monday that plans to split the company were proceeding according to plan after beating first-quarter profit expectations.
* Q1 RECORD Q1 SALES OF SEK 4,674M (3,704) WITH 9% ORGANIC GROWTH
Swedish media group MTG <MTGb.ST> said on Friday it would split in two, demerging its Nordic TV business and listing it on the stock exchange after a sale of the unit fell through last month.
Modern Times Group MTG Nordic Entertainment Group head Anders Jensen at call with analysts and media:
Swedish media group MTG said on Friday it would split the company in two by distributing all the shares in its Nordic TV business, Nordic Entertainment Group, to MTG's shareholders, and list them on the Nasdaq Stockholm exchange.
* MTG TO SPLIT IN TWO AND DISTRIBUTE SHARES IN NORDIC ENTERTAINMENT GROUP TO SHAREHOLDERS
* SAYS MTG SELLS ITS 95% SHAREHOLDING IN NOVA BROADCASTING GROUP IN BULGARIA TO PPF GROUP
Danish telecoms operator TDC has been approached by a potential bidder for all of its shares and will withdraw from its $2.5 billion takeover of MTG's broadcasting and entertainment business if such a bid materialises.
* DECLINES TO COMMENT ON MTG'S STATEMENT SAYING THAT TDC INTENDS TO WITHDRAW ITS RECOMMENDATION OF THE SIGNED AGREEMENT WITH MTG TO MERGE TV BUSINESSES
Sweden's MTG said on Monday it had been informed by TDC that the Danish operator's board intends to withdraw its recommendation of a deal with MTG to combine its Nordic Entertainment and MTG Studios businesses with TDC.
ALLIANCEBERNSTEIN, WHICH HOLDS 1.12 PERCENT OF TDC'S SHARES ACCORDING TO THOMSONREUTERS' DATA, SAYS IN AN EMAIL TO REUTERS:
Danish telecoms operator TDC <TDC.CO> has agreed a $2.5 billion takeover of Swedish Modern Times Group's <MTGb.ST> broadcasting and entertainment business, the latest deal in a global wave of mergers reshaping the telecoms and media sectors.
Telecoms operator TDC has agreed to buy Swedish Modern Times Group's Nordic Entertainment and Studios units in a cash and share deal valuing the acquired business at 19.55 billion Swedish crowns ($2.48 billion).
* : TDC : TDC GROUP ENTERS INTO AGREEMENT TO COMBINE WITH MTG’S NORDIC ENTERTAINMENT AND STUDIO BUSINESSES
* CREATING EUROPE'S FIRST FULLY CONVERGENT MEDIA AND COMMUNICATIONS PROVIDER; NEW MTG TO BE A FOCUSED GLOBAL DIGITAL ENTERTAINMENT PROVIDER
* SAYS TRANSACTION VALUES 100% OF BUSINESS AT AN ENTERPRISE VALUE OF EUR 40 MILLION (APPROXIMATELY SEK 392 MILLION) AND CLOSING IS SUBJECT TO REGULATORY APPROVALS
Swedish media firm MTG CEO Jorgen Madsen Lindemann to Reuters ahead of Wednesday's capital markets day:
* SAYS UPDATE ON MTG'S ONGOING TRANSFORMATION - DIGITAL NOW ACCOUNTS FOR 34% OF GROUP SALES
Swedish media group MTG posted third-quarter operating earnings just above market forecasts on Thursday but said it had cut its profit expectations for the remainder of the year for its digital arm MTGx, an important growth engine for the firm.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.