Modern Times Group

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Modern Times Group MTG AB

Company type	Publicly traded Aktiebolag
Traded as	Nasdaq Stockholm: MTG A MTG B
Industry	Media
Founded	1987; 37 years ago (1987)
Headquarters	Stockholm, Sweden
Key people	David Chance (Chairman) Maria Redin (President and CEO) Lars Torstensson (CFO)
Products	Television, eSports, online games and digital networks
Revenue	SEK 3.997 Billion (Fiscal Year Ended 31 December 2020)[1]
Operating income	SEK 0.035 Billion (Fiscal Year Ended 31 December 2020)[1]
Net income	SEK -0.096 Billion (Fiscal Year Ended 31 December 2020)[1]
Total assets	SEK 10.800 Billion (Fiscal Year Ended 31 December 2020)[1]
Total equity	SEK 5.216 Billion (Fiscal Year Ended 31 December 2020)[1]
Subsidiaries	InnoGames Turtle Entertainment GmbH (ESL) Dreamhack Kongregate Ninja Kiwi
Website	www.mtg.com

Modern Times Group (MTG) is a digital entertainment company based in Stockholm, Sweden. It formed from the media holdings of investment company Kinnevik, which in 1997 was distributed to the company stockholders. It is a strategic and operational investment holding company, managing a portfolio including gaming companies InnoGames, Ninja Kiwi and Kongregate, and digital network company Zoomin.TV.

Kinnevik distributed the MTG shares to its shareholders in 2018^[2] and in 2019 MTG distributed shares in the newly founded Nordic Entertainment Group (now Viaplay Group) to its shareholders following the strategic transformation into a global digital entertainment company.^[3]