About Modern Times Group
Modern Times Group is a company based in Stockholm (Sweden) founded in 1987. The company has 1,100 employees as of December 31, 2024. Modern Times Group has completed 17 acquisitions, including Balkan Media Group, DRG and DreamHack. Modern Times Group offers products and services including Game Development and Venture Capital Investments.
- Headquarter Stockholm, Sweden
- Employees 1100 as on 31 Dec, 2024
- Stage Public
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Modern Times Group Mtg Ab Class A
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Annual Revenue
$544.88 M (USD)3.19as on Dec 31, 2024
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Net Profit
-$19.04 M (USD)-228.05as on Dec 31, 2024
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EBITDA
$147.78 M (USD)10.69as on Dec 31, 2024
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Latest Funding Round
$112.02 M (USD), Debt – Conventional
Jan 08, 2019
- Investors
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Employee Count
1100
as on Dec 31, 2024
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Investments & Acquisitions
Balkan Media Group
& 16 more
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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.
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
People of Modern Times Group
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Leadership Team
12 people
Software Development Team
7 people
Finance and Accounting
7 people
Legal and Compliance
4 people
Sales and Marketing
4 people
Product Management Team
3 people
Human Resources and Administration
3 people
Programme Team
2 people
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Funding Insights of Modern Times Group
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 |
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Nordea is recognized as a leading Nordic universal bank.
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Locked | Locked | Locked |
Investor details for Modern Times Group
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
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 17 companies. Notable acquisitions include Balkan Media Group, DRG and DreamHack.
Investment portfolio details for Modern Times Group
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Mobile game developer focusing on mid-core games
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Locked | Locked | 2015 | Locked | |
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Mobile cognitive learning games are developed and distributed.
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Locked | Locked | 2014 | Locked | |
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Hutch Games Ltd. is engaged in developing mobile racing games.
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Locked | Locked | 2011 | Locked |
Complete acquisition details for Modern Times Group
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - Modern Times Group
Detailed financials for Modern Times Group
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Modern Times Group Comparisons
Peer comparison for Modern Times Group
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- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of Modern Times Group
Detailed competitors of Modern Times Group
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
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Latest news on 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
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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 current CEO of Modern Times Group.
As of Dec 31, 2024, the latest employee count at Modern Times Group is 1,100.
Annual revenue of Modern Times Group is $544.88M as on Dec 31, 2024.
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 17 acquisitions, including Balkan Media Group, DRG, and DreamHack.
Modern Times Group has 1 investor. Key investors include Nordea.
The ticker symbol of Modern Times Group is MTG_A on OMXSTO.