Predict your next investment

Modern Times Group company logo
Corporation
MEDIA (TRADITIONAL) | Television
mtg.com

See what CB Insights has to offer

Investments

18

Portfolio Exits

9

Funds

1

Partners & Customers

10

About Modern Times Group

Modern Times Group (STO:MTGB) (STO:MTGA), aka MTG, is an international entertainment broadcasting group. The company's operations span six continents and include TV channels and platforms, online streaming platforms and services, content production and distribution businesses, radio stations, multi-platform networks (MPNs), and eSports.

Modern Times Group Headquarter Location

Skeppsbron 18 Box 2094

Stockholm, 111 30,

Sweden

+46 8 562 000 50

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Modern Times Group

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Modern Times Group in 1 Expert Collection, including Gaming.

G

Gaming

5,530 items

We define eSports as competitive gaming facilitated by electronic systems, in particular video games played on computers or consoles by professional gamers (though many do it as a hobby or pastime).

Modern Times Group Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Modern Times Group Rank

Latest Modern Times Group News

ESL Gaming to Host CIS and EU Dota Pro Circuits

Jan 7, 2021

  Modern Times Group subsidiary ESL Gaming has been chosen by Valve to host the all-new Dota Pro Circuit leagues ESL One DPC CIS for the Commonwealth of Independent States (CIS) and the DreamLeague Season 14 DPC EU for Europe. The two leagues, along with four others, are the precursors to the Dota 2 Majors and The International 10. Both the European and CIS leagues will have prize pools of $280K USD. The leagues will start on Jan. 18, playing matches online for six weeks. Each team will get the opportunity to play everyone as the leagues will use a best-of-three round-robin format for both the upper and lower divisions. Each division features eight teams, with matches being played three times a week. Broadcasts for both regions will be produced out of Stockholm, with leagues having broadcasts in several localized languages including Russian and Chinese. Other languages will be revealed at a later date. Teams receiving direct invites to the upper division in the ESL One DPC CIS league include Virtus.pro , Natus Vincere , Team Spirit , and Live to Win. The European edition will see OG , Team Secret , Team Liquid , and Team Nigma receive direct invites to its upper division. Starting Jan. 8, a closed eight-team decider event will take place to determine the other four teams in the upper division or qualify for the lower division. The final slots for the lower division will be determined by open qualifiers which start on Jan. 5. Each of the leagues will reward teams with DPC points that “contribute toward qualification for the majors and The International.” The best 18 teams from the six global DPC leagues will progress into the majors where 12 of those teams will qualify for The International 2021.

Modern Times Group Investments

18 Investments

Modern Times Group has made 18 investments. Their latest investment was in Legendary Play as part of their Seed VC on April 4, 2022.

CBI Logo

Modern Times Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/7/2022

Seed VC

Legendary Play

$4M

Yes

1

3/18/2022

Seed VC

Joyride

$14M

Yes

5

6/30/2020

Series A

Metaverse

$10M

Yes

2

3/16/2020

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

9/19/2019

Series A

Subscribe to see more

$99M

Subscribe to see more

10

Date

4/7/2022

3/18/2022

6/30/2020

3/16/2020

9/19/2019

Round

Seed VC

Seed VC

Series A

Seed VC

Series A

Company

Legendary Play

Joyride

Metaverse

Subscribe to see more

Subscribe to see more

Amount

$4M

$14M

$10M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

5

2

10

10

Modern Times Group Portfolio Exits

9 Portfolio Exits

Modern Times Group has 9 portfolio exits. Their latest portfolio exit was ESL Gaming on January 24, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

1/24/2022

Acquired

$99M

7

9/30/2020

Merger

Subscribe to see more

Subscribe to see more

10

2/21/2019

Acquired - II

Subscribe to see more

$99M

Subscribe to see more

10

6/18/2018

Acquired

Subscribe to see more

Subscribe to see more

10

2/1/2018

Divestiture

Subscribe to see more

$99M

Subscribe to see more

10

Date

1/24/2022

9/30/2020

2/21/2019

6/18/2018

2/1/2018

Exit

Acquired

Merger

Acquired - II

Acquired

Divestiture

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

7

10

10

10

10

Modern Times Group Acquisitions

16 Acquisitions

Modern Times Group acquired 16 companies. Their latest acquisition was PlaySimple on July 02, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

7/2/2021

Series A

$99M

$4.55M

Acquired

9

3/24/2021

$99M

Acquired

1

12/8/2020

Seed / Angel

$99M

$5.5M

Acquired

5

12/7/2020

Other

Subscribe to see more

$99M

$99M

Subscribe to see more

10

5/23/2018

Seed / Angel

Subscribe to see more

$99M

$99M

Subscribe to see more

10

Date

7/2/2021

3/24/2021

12/8/2020

12/7/2020

5/23/2018

Investment Stage

Series A

Seed / Angel

Other

Seed / Angel

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$4.55M

$5.5M

$99M

$99M

Note

Acquired

Acquired

Acquired

Subscribe to see more

Subscribe to see more

Sources

9

1

5

10

10

Modern Times Group Fund History

1 Fund History

Modern Times Group has 1 fund, including MTG Games Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

11/29/2017

MTG Games Fund

$30M

1

Closing Date

11/29/2017

Fund

MTG Games Fund

Fund Type

Status

Amount

$30M

Sources

1

Modern Times Group Partners & Customers

10 Partners and customers

Modern Times Group has 10 strategic partners and customers. Modern Times Group recently partnered with Twitch on April 4, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

4/28/2020

Licensee

United States

MTG’s esports companies ESL and DreamHack enter streaming deal with Twitch

As part of the partnership , Twitch will become a centralized hub for streaming ESL and DreamHack competitions .

1

2/1/2018

Partner

Denmark

TDC : TDC Group enters into agreement to combine with MTG’s Nordic Entertainment and Studio businesses

TDC Group enters into agreement to combine with MTG 's Nordic Entertainment and Studio businesses to create Europe 's first fully convergent media and communications provider

3

12/14/2017

Partner

United Kingdom

Viareal and National Geographic map out VR partnership

As National Geographic 's official virtual reality partner in the Nordic region , Viareal now offers viewers exclusive 360 VR experiences showcasing the dramatic beauty of the natural world .

1

3/1/2017

Partner

United States

Subscribe to see more

Subscribe to see more

10

12/8/2016

Vendor

United States

Subscribe to see more

Subscribe to see more

10

Date

4/28/2020

2/1/2018

12/14/2017

3/1/2017

12/8/2016

Type

Licensee

Partner

Partner

Partner

Vendor

Business Partner

Country

United States

Denmark

United Kingdom

United States

United States

News Snippet

MTG’s esports companies ESL and DreamHack enter streaming deal with Twitch

As part of the partnership , Twitch will become a centralized hub for streaming ESL and DreamHack competitions .

TDC : TDC Group enters into agreement to combine with MTG’s Nordic Entertainment and Studio businesses

TDC Group enters into agreement to combine with MTG 's Nordic Entertainment and Studio businesses to create Europe 's first fully convergent media and communications provider

Viareal and National Geographic map out VR partnership

As National Geographic 's official virtual reality partner in the Nordic region , Viareal now offers viewers exclusive 360 VR experiences showcasing the dramatic beauty of the natural world .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

3

1

10

10

Modern Times Group Team

30 Team Members

Modern Times Group has 30 team members, including current Chief Financial Officer, Martin Drake.

Name

Work History

Title

Status

Martin Drake

Chief Financial Officer

Current

Andreas Walker

Senior Vice President

Current

Jakob Mejlhede

Senior Vice President

Current

Ulrik Bengtsson

Chief Executive Officer

Former

Johan Birgersson

Chief Executive Officer

Former

Name

Martin Drake

Andreas Walker

Jakob Mejlhede

Ulrik Bengtsson

Johan Birgersson

Work History

Title

Chief Financial Officer

Senior Vice President

Senior Vice President

Chief Executive Officer

Chief Executive Officer

Status

Current

Current

Current

Former

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.