About Modern Times Group
Modern Times Group is a publicly listed company based in Stockholm (Sweden) founded in 1987. Media content production and distribution services are provided globally. The company has 1,100 employees. Modern Times Group has completed 16 acquisitions, including Balkan Media Group, DRG and DreamHack. Its chief executive, as recorded, is Maria Redin. Its website mtg.com draws about 41 thousand monthly visits. Modern Times Group offers products and services including Game Development and Venture Capital Investments. Its focus areas include Services for Gaming. Its legal entity is Modern Times Group MTG AB.
Company details
Modern Times Group was founded in 1987 in Stockholm, Sweden, as a media conglomerate. Operations include television channels, online platforms, content production and distribution, and radio stations. Content covers TV series, films, live sports, reality TV, comedy, e-sports, social media, and entertainment. Services reach six continents with free, paid, and premium access options. The company went public in 2010, with Kinnevik holding 20 shares.
- Annual Revenue$1.26 B (USD)92.5as on Dec 31, 2025
- Net Profit-$6.73 M (USD)70.48as on Dec 31, 2025
- EBITDA$277.97 M (USD)57.35as on Dec 31, 2025
- Latest Funding Round$112.02M (USD), Debt – Conventional
Jan 2019
- Investors
- Employee Count1,100
- Investments & AcquisitionsBalkan Media Group
& 15 more
Products & Services of Modern Times Group
Modern Times Group offers a comprehensive portfolio of products and services, including Game Development and Venture Capital Investments.
Games are developed and published across mobile and browser platforms in genres like strategy and racing
Investments are made in emerging game developers to support industry growth and acquisitions
Funding Insights of Modern Times Group
- Total Rounds 2
- Last Round Debt – Conventional — $112.02M
- Investors Count 1
All 2 funding rounds of Modern Times Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2019 | $112.02M | Debt – Conventional | – | – | |
| Aug 2018 | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Modern Times Group
Modern Times Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nordea.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Nordea is recognized as a leading Nordic universal bank. | 1820 | nordea.com | Stockholm, Sweden |
Investor details for Modern Times Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Modern Times Group
61 people are tracked at Modern Times Group (23 in leadership, 6 in board & advisors, 32 in team); the tracked headcount is 1,100.
| Name | Role | Group |
|---|---|---|
Nick Hopkins | Chief Financial Officer | Leadership |
Maria Redin | CEO & President | Leadership |
Oliver Bulloss | Chief Product Officer | Leadership |
Peter Slot | Head Of Strategic Programme Planning And Acquisition | Leadership |
Karlis S. | Director Of Governance, Risk And Compliance | Leadership |
Max P. Farzaneh | Svp, Head Of M&a And Corporate Affairs | Leadership |
Jonas Roos | Head Of Online And Digital Development, Paytv | Leadership |
Anton Gourman | VP Communication, IR And Brand | Leadership |
Ben Burns | Chief Information Security Officer | Leadership |
Marc Lehmann | Director Marketing Operations | Leadership |
Vanda Rapti | Senior Vice President, Acquisitions | Leadership |
Jens Nielsen | Head Of Group Tax | Leadership |
Andrey Busk | Investment Director | Leadership |
Martin Drake | CFO | Leadership |
Filip Sauer | Head Of Strategy & Portfolio Management | Leadership |
Anna Stenberg | Head Of HR | Leadership |
Christian Pern | Chief Marketing Officer | Leadership |
Ksenia Guryeva | Country Manager At Viaplay, Head Of New Media At Viasat Russia | Leadership |
Nils Mösko | CFO | Leadership |
Colette Yates | Group Head Of Data Protection | Leadership |
41 more people are available in the full profile.
Complete people profiles for Modern Times Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Modern Times Group
Modern Times Group is a publicly listed company on the OMXSTO with ticker symbol MTG_A in Sweden, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date28 Oct 1997
- Listed onNASDAQ OMX: MTG-B
- Listed entityModern Times Group MTG AB Class A
- Exchange sectorTechnology services
- ISINSE0018012486
- Share price115.00 SEK (+3.6% on the day) · 2026-10-13
- Market capitalisation13,576,033,626.00 SEK
- Price to earnings81.1
- EPS (diluted, trailing year)1.42 SEK
- Volume (last session)599
Financials of Modern Times Group
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 11.58B SEK | -62.0M SEK | 2.56B SEK |
| 2024 | 6.01B SEK | -210.0M SEK | 1.63B SEK |
| 2023 | 5.83B SEK | 164.0M SEK | 1.47B SEK |
| 2022 | 5.54B SEK | -272.0M SEK | 1.24B SEK |
| 2021 | 3.93B SEK | -400.0M SEK | 1.04B SEK |
Detailed financial statements for Modern Times Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Modern Times Group
Modern Times Group has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include Balkan Media Group, DRG and DreamHack.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cross-platform casual games are developed for Android, iOS, and browsers. | plarium.com | Herzliya, Israel | 2009 | Nov 2024 | $620M | |
Mobile game developer focusing on mid-core games | snowprintstudios.com | Stockholm, Sweden | 2015 | Oct 2023 | •••• | |
Mobile cognitive learning games are developed and distributed. | playsimple.in | Bengaluru, India | 2014 | Jul 2021 | $509.4M | |
Mobile and web video games are developed by Ninja Kiwi. | ninjakiwi.com | Auckland, New Zealand | 2006 | Mar 2021 | •••• | |
Hutch Games Ltd. is engaged in developing mobile racing games. | hutch.io | London, United Kingdom | 2011 | Dec 2020 | $275M | |
Video games are published via a web-based gaming platform. | kongregate.com | San Francisco, United States | 2006 | Jun 2017 | $55M | |
Sports event tickets and eSports leagues are provided online. | dreamhack.com | Stockholm, Sweden | 1994 | Nov 2015 | $28.2M | |
Online gaming and eSports leagues are organized by Turtle Entertainment. | turtle-entertainment.de | Cologne, Germany | 2000 | Jul 2015 | $87.21M | |
Esports tournaments and apparel are organized and provided by ESL. | esl.com | Cologne, Germany | 1995 | Jul 2015 | $87.21M | |
Provider of gambling services | balkanmediagroup.com | Ljubljana, Slovenia | 2007 | •••• |
Complete acquisition details for Modern Times Group
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Modern Times Group
14 dated milestones of Modern Times Group across 37 years, from founding to its latest funding, stage changes and deals.
- Founded Modern Times Group is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires ESL.
- Acquisition Acquires ESL FACEIT Group.
- Acquisition Acquires ESL FACEIT Group.
- Acquisition Acquires DreamHack.
- Acquisition Acquires Kongregate.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $112.0M.
- Acquisition Acquires Hutch.
- Acquisition Acquires Ninja Kiwi.
- Acquisition Acquires PlaySimple.
- Acquisition Acquires Snowprint Studios.
- Acquisition Acquires Plarium.
Web traffic of Modern Times Group
The website of Modern Times Group (mtg.com) receives about 40.6K visits a month and ranks #805,101 among all websites worldwide, #1,430 in Board and Card Games.
- Monthly visits40.6K
▲ 4.5% vs previous month
- Unique visitors16.4K
per month
- Global rank#805,101
among all websites
- Category rank#1,430
Games · Board and Card Games
- Bounce rate37%
- Pages per visit1.9
- Average visit23 sec
- DevicesDesktop 32% · Mobile 68%
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Modern Times Group
Complete news archive for Modern Times Group
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Modern Times Group
Modern Times Group was founded in 1987 and raised its 1st funding round 31 years after it was founded.
Modern Times Group is headquartered in Stockholm, Sweden.
Maria Redin is the CEO of Modern Times Group, as recorded in our data.
Modern Times Group has 1,100 employees.
Annual revenue of Modern Times Group is $1.26B as on Dec 31, 2025.
Modern Times Group was founded in 1987 in Stockholm, Sweden, as a media conglomerate. Operations include television channels, online platforms, content production and distribution, and radio stations. Content covers TV series, films, live sports, reality TV, comedy, e-sports, social media, and entertainment. Services reach six continents with free, paid, and premium access options. The company went public in 2010, with Kinnevik holding 20 shares.
Modern Times Group offers Game Development and Venture Capital Investments.
Yes, Modern Times Group is publicly traded on OMXSTO under the ticker symbol MTG_A.
Modern Times Group has made 16 acquisitions, including Balkan Media Group, DRG, and DreamHack.
Modern Times Group has 1 investor. Key investors include Nordea.
Modern Times Group operates through Modern Times Group Mtg Ab.