The National Hockey League (NHL), has entered into a partnership with DreamHack Sports Games, MTG’s sports simulation business unit. The multi-year deal will see both parties build on existing projects, alongside creating new gaming initiatives. As part of the deal, DreamHack Sports Games will produce the NHL Gaming World Championship, which is set to launch […]
Modern Times Group (MTG), the digital entertainment company, has published its Q4 2020 financial results report. Net sales declined by 9 per cent to SEK 1,064 million (€105.7m) with a negative impact of foreign exchange rates of 6 per cent. Organic Net sales declined by 3 per cent. “MTG continues to show solid operational performance […]
Modern Times Group (MTG) has acquired Hutch, a developer and publisher of free-to-play mobile games focused on the racing genre in the midcore segment. MTG says the acquisition enables strong growth opportunities within a new and highly attractive game category for MTG while also further diversifying the group’s games portfolio. The up-front consideration amounts to […]
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 […]
Modern Times Group (MTG) has announced the appointment of Maria Redin as Group President and CEO with immediate effect. The appointment follows the July resignation of Jorgen Madsen Lindemann, who will continue to act as an adviser to the company until the end of his notice period. MTG also announces the appointment of Lars Torstensson […]
Modern Times Group (MTG) CEO and President Jørgen Madsen Lindemann has informed the Board of Directors of his decision to leave the company and has submitted his letter of resignation. After 26 years of service, he has decided to step down to free up time to pursue other challenges and for the company to facilitate […]