News
Ninja Kiwi acquires Legion TD 2 developer AutoAttack Games
Support for the tower defence title will continue as team expands to take on new project as part of MTG
Modern Times Group
News
Modern Times Group acquires majority stake in Snowprint Studios
MTG to help studio expand its player base and diversify its revenue streams
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Recent acquisitions drive MTG Q3 sales growth
Company credits pick-up of Hutch, Ninja Kiwi and PlaySimple as sales rise 53% year-over-year
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MTG acquires PlaySimple in $510m deal
Indian word game developer is group's third gaming acquisition since December
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MTG loses money in Q1 despite greater revenues
ESL Gaming parent company doesn't expect a significant return to live esports events until 2022
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MTG acquires Bloons studio Ninja Kiwi
Tower defense developer purchased for $142 million with another $47 million contingent on profitability targets
Feature
MTG pursuing mergers and acquisitions despite down sales year
CEO Maria Redin says increased stake in InnoGames and acquisition of Hutch "mark the beginning of a new growth journey" for company
Feature
How MTG's acquisition will fuel Hutch's race to No.1
CEO Shaun Rutland on finding the right company to sell to - and the difficulty of doing so during a pandemic
News
MTG acquires Hutch for an expected $375 million
This is the first acquisition made by newly-formed MTG holding company, GamingCo
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MTG increases investment in InnoGames, forms new holding company
GamingCo will include MTG's entire gaming business, including Kongregate
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MTG rearranges leadership team
Maria Redin becomes the publisher's president and CEO as Lars Torstensson takes over as CFO
Stub
Modern Times Group CEO Jørgen Madsen to step down
Madsen will serve a 12-month notice period, capping 26 years at the Swedish firm
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MTG says COVID-19 could sink esports revenues by 45%
DreamHack and ESL parent warns investors about first-half financials, proposes post-pandemic stock buybacks
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$1.4bn divestment offsets modest annual loss for MTG
Esport and gaming revenue continues to climb for Swedish entertainment group
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Modern Times Group considering US IPO as esports business grows
Swedish investment firm begins strategic review, which could also lead to joint venture partnership in video games space
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MTG invests in emotional regulation app Mightier
Swedish outfit puts $250,000 toward app and subscription service intended to help children with ADHD, anger, or anxiety issues
News
Gaming and esports revenues on the rise for MTG
InnoGames' Forge of Empires was at the heart of the Swedish firm's growth in the second quarter
News
MTG has invested $11m in games companies this year
H1 deals include Dorian, Tonk Tonk Games and Sviper
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MTG acquires 35% of InnoGames for €90 million
Swedish entertainment firm expands interest in games beyond eSports, could raise its stake in InnoGames to 51% next year
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Modern Times Group acquires majority stake in ESL for €78m
Broadcaster looking to grow the ARPU of eSports fans