Modern Times Group
International entertainment group.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | SEK1.0b | Post IPO Debt | |
| Total Funding | 000k | ||
| SEK | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 33 % | 4 % | 5 % | 3 % | 93 % | 6 % | 5 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 11 % | 29 % | 15 % | 15 % | 23 % | 25 % | 25 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (8 %) | 119 % | 3 % | (3 %) | 3 % | 6 % | 6 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
Modern Times Group (MTG) began its journey in 1987, founded by Jan Stenbeck, a visionary in the media industry. Initially, MTG was part of the Kinnevik Group, focusing on traditional media outlets such as television and radio. The company quickly became a leader in the Scandinavian media landscape, launching TV3, the first commercial TV channel in Sweden.
In the 1990s, MTG expanded its reach by entering new markets in Eastern Europe and launching additional channels. This period marked a significant growth phase, as MTG capitalized on the liberalization of media markets across Europe.
The new millennium brought about a strategic shift for MTG. Recognizing the potential of digital platforms, the company began investing in online gaming and digital entertainment. This pivot was crucial as it allowed MTG to diversify its portfolio and reduce reliance on traditional media.
In 2018, MTG underwent a major transformation by splitting into two separate entities: MTG and Nordic Entertainment Group (NENT Group). This move was designed to sharpen the focus on digital entertainment and gaming, while NENT Group concentrated on broadcasting and streaming services in the Nordic region.
Today, MTG stands as a prominent player in the digital entertainment industry, with investments in esports, online gaming, and digital video content. The company's journey from a traditional media house to a digital innovator highlights its ability to adapt and thrive in a rapidly changing landscape.
Tech stack
Investments by Modern Times Group
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