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

Investments

18

Portfolio Exits

11

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.

Headquarters Location

Skeppsbron 18 Box 2094

Stockholm, 111 30,

Sweden

+46 8 562 000 50

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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

5,179 items

Gaming companies are defined as those developing technologies for the PC, console, mobile, and/or AR/VR video gaming market.

Latest Modern Times Group News

Ninja Kiwi launches Bloons TD6 on Xbox

Sep 15, 2023

MTG Fri, Sep 15, 2023 08:30 CET Modern Times Group MTG AB (publ) (“MTG”) is excited to announce that its wholly owned studio Ninja Kiwi has successfully launched the tower defense hit Bloons TD 6 on the Xbox. BTD6 can be downloaded from the Xbox store for USD 29.99 and is available for Xbox players around the world. The game offers Xbox users the iconic Bloons TD6 tower defense experience, as well as new features developed specifically for console, including a dedicated couch coop game mode. Ninja Kiwi will also continue to evolve the game over time and with additional features and content. Scott Walker, Partner and CEO of Ninja Kiwi, commented: “I’m truly excited to welcome Xbox players to the Bloons community and Bloons TD6. Our team has worked hard to ensure that the mobile and PC experience loved by millions of people around the world translates seamlessly to the controller and TV screen environment, which is especially fun in couch coop. So no matter if you are new to the world of dart-throwing monkeys or a seasoned Bloon-popping veteran, we hope you enjoy playing BTD6 on the biggest screen in your home”. For more information: Direct: +46 73 661 8488,  anton.gourman@mtg.com About MTG MTG (Modern Times Group MTG AB (publ.)) ( www.mtg.com ) is an international mobile gaming group that owns and operates gaming studios with popular global IPs across a wide range of casual and mid-core genres. The group is focused on accelerating portfolio company growth and supporting founders and entrepreneurs. MTG is an active driver of gaming industry consolidation and a strategic acquirer of gaming companies around the world. We are born in Sweden but have an international culture and global footprint. Our shares are listed on Nasdaq Stockholm (‘MTGA’ and ‘MTGB’).

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.

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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

6

6/30/2020

Series A

Koji

$10M

Yes

2

3/16/2020

Seed VC

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$99M

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10

9/19/2019

Series A

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$99M

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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

Koji

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Amount

$4M

$14M

$10M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

6

2

10

10

Modern Times Group Portfolio Exits

11 Portfolio Exits

Modern Times Group has 11 portfolio exits. Their latest portfolio exit was Sviper on February 28, 2023.

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

2/28/2023

Acquired

$99M

5

1/24/2022

Acquired

$99M

7

9/30/2020

Merger

$99M

1

2/21/2019

Acquired - II

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$99M

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10

6/18/2018

Acquired

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$99M

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10

Date

2/28/2023

1/24/2022

9/30/2020

2/21/2019

6/18/2018

Exit

Acquired

Acquired

Merger

Acquired - II

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

5

7

1

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

Other

$99M

$5.5M

Acquired

5

12/7/2020

Other

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$99M

$99M

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10

5/23/2018

Seed / Angel

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$99M

$99M

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10

Date

7/2/2021

3/24/2021

12/8/2020

12/7/2020

5/23/2018

Investment Stage

Series A

Other

Other

Seed / Angel

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$4.55M

$5.5M

$99M

$99M

Note

Acquired

Acquired

Acquired

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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

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10

12/8/2016

Vendor

United States

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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 .

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Sources

1

3

1

10

10

Modern Times Group Team

36 Team Members

Modern Times Group has 36 team members, including current Chief Executive Officer, Pelle Törnberg.

Name

Work History

Title

Status

Pelle Törnberg

Chief Executive Officer

Current

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Name

Pelle Törnberg

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Work History

Title

Chief Executive Officer

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Status

Current

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