Advanced Television

ESL

MTG reports “solid growth” in Q1

Modern Times Group (MTG) has published financial results for the first quarter of 2022. The company reported Net sales of SEK 1,357 million (€130.3m) equal to pro forma YoY growth of 10 per cent, or 77 per cent reported revenue growth. Operational highlights Q1, continuing operations Strong performance underpinned by continued healthy growth of in-game […]

April 27, 2022

MTG benefits from acquisitions

Modern Times Group published its fourth quarter 2021 interim financial results with ‘a record operational result.’ MTG’s gaming vertical delivered a strong quarter driven by stellar performance from the newly acquired companies, Ninja Kiwi and PlaySimple, with net sales amounting to SEK 1,272 million (€115m) – and a year-over-year pro forma growth of 13 per […]

February 7, 2022

MTG sells ESL Gaming to Savvy for $1bn

Swedish eSports and gaming firm MTG has agreed to sell ESL Gaming to Saudi-backed Savvy Gaming Group at an enterprise value of $1.05 billion (€0.93bn). MTG, which owns 91.46 per cent of ESL Gaming, corresponding to $960 million, said it was expecting net proceeds of around $875 million from the deal, including transaction-related costs. It […]

January 26, 2022

Sky Documentaries commissions ESL doc

Sky Documentaries has announced a Sky Original feature length documentary that will explore one of the most memorable sagas in recent footballing history; the rise and rapid fall of the European Super League (ESL). Produced by production company, Fulwell 73 (Sunderland ‘Til I Die, The Class of 92, I Am Bolt), in association with Sky […]

June 29, 2021

Analyst: New Champions League format €1.68bn revs boost

In the wake of the failed breakaway European Super League, UEFA’s new Champions League format, set to come into effect from the 2024-2025 season, will likely represent a significant increase in broadcasting revenues for UEFA as a result of the expanded fixture list according to advisory firm GlobalData. The current 32-team Champions League format generates […]

May 7, 2021

Sky Italia appeals DAZN winning Serie A rights

Sky Italia has lodged an appeal with the Milan Court against the awarding of the 2021-2024 Serie A TV rights to DAZN. In its appeal, the Italian pay-TV broadcaster alleges the violation of the so-called ‘Melandri Law’ that prohibits a single operator from acquiring all the rights to the Italian football league matches. Last month, […]

April 23, 2021From Branislav Pekic in Rome

Bank: “ESL bad news for broadcasters”

The world of football was thrown into turmoil by the announcement of a European Super League, and according to an investment bank report, could be “negative” for Europe’s broadcasters. The bank, Exane/BNPP, says the creation of the Super League – if it happens – could herald the sport’s biggest shakeup in decades and make elite […]

April 20, 2021

BT condemns European Super League

On April 18th, Premier League football clubs Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur revealed that they are among 12 clubs who have agreed to join a new European Super League (ESL). If the new league were to form, the Premier League teams will join AC Milan, Atletico Madrid, Barcelona, Inter Milan, […]

April 19, 2021By Nik Roseveare

Verimatrix official partner of ESL Premiership

Verimatrix, a specialist in powering the modern connected world with people-cantered security, has announced it’s an official partner of ESL Premiership, one of the most prestigious competitions from the world’s largest eSports company. Verimatrix has helped enhance and protect the delivery of live sports content for years, and says that this partnership signals that eSports […]

March 16, 2021

MTG combines ESL and DreamHack

Modern Times Group (MTG) eSport portfolio companies ESL Gaming and DreamHack have jointly announced a combination in order to increase competitiveness, accelerate products and events innovation and to offer the widest portfolio to the market. MTG has been the principal owner of ESL Gaming, the eSport company, and DreamHack – the gaming lifestyle festival company […]

October 1, 2020