{"id":8718,"date":"2018-10-01T10:12:45","date_gmt":"2018-10-01T14:12:45","guid":{"rendered":"http:\/\/worldscreen.com\/tveurope\/mtg-ups-esl-stake\/"},"modified":"2018-10-01T10:52:48","modified_gmt":"2018-10-01T14:52:48","slug":"mtg-ups-esl-stake","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2018\/10\/01\/mtg-ups-esl-stake\/","title":{"rendered":"MTG Ups ESL Stake"},"content":{"rendered":"<p>MTG has increased its interest in leading eSports company Turtle Entertainment to 82.48 percent for 14.3 million euros ($16.6 million) in cash.<\/p>\n<p>MTG acquired the additional shares in the company, which operates leading tournaments such as ESL One and the Intel Extreme Masters, and online leagues such as ESL Pro League, from the founders and members of the management team. MTG first invested in Turtle in 2015. There is a put option for the minority owners to sell their remaining shares to MTG from July 2022.<\/p>\n<p>MTG also announced that it is writing down its Zoomin.TV asset after taking full control of the company earlier this year. This will result in a SEK 169 million ($19 million) charge in its Q3 2018 financial results.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MTG has increased its interest in leading eSports company Turtle Entertainment to 82.48 percent for 14.3 million euros ($16.6 million) in cash.<\/p>\n","protected":false},"author":290,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[870,871,178],"class_list":["post-8718","post","type-post","status-publish","format-standard","","category-top-stories","tag-esl","tag-esports","tag-mtg"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MTG Ups ESL Stake - TVEUROPE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/worldscreen.com\/tveurope\/2018\/10\/01\/mtg-ups-esl-stake\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MTG Ups ESL Stake - TVEUROPE\" \/>\n<meta property=\"og:description\" content=\"MTG has increased its interest in leading eSports company Turtle Entertainment to 82.48 percent for 14.3 million euros ($16.6 million) in cash.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/worldscreen.com\/tveurope\/2018\/10\/01\/mtg-ups-esl-stake\/\" \/>\n<meta property=\"og:site_name\" content=\"TVEUROPE\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-01T14:12:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-10-01T14:52:48+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/worldscreen.com\/wp-content\/uploads\/2016\/05\/logo.jpg\" \/>\n<meta name=\"author\" content=\"Mansha Daswani\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mansha Daswani\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/worldscreen.com\/tveurope\/2018\/10\/01\/mtg-ups-esl-stake\/\",\"url\":\"https:\/\/worldscreen.com\/tveurope\/2018\/10\/01\/mtg-ups-esl-stake\/\",\"name\":\"MTG Ups ESL Stake - TVEUROPE\",\"isPartOf\":{\"@id\":\"https:\/\/worldscreen.com\/tveurope\/#website\"},\"datePublished\":\"2018-10-01T14:12:45+00:00\",\"dateModified\":\"2018-10-01T14:52:48+00:00\",\"author\":{\"@id\":\"https:\/\/worldscreen.com\/tveurope\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\"},\"breadcrumb\":{\"@id\":\"https:\/\/worldscreen.com\/tveurope\/2018\/10\/01\/mtg-ups-esl-stake\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/worldscreen.com\/tveurope\/2018\/10\/01\/mtg-ups-esl-stake\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/worldscreen.com\/tveurope\/2018\/10\/01\/mtg-ups-esl-stake\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/worldscreen.com\/tveurope\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MTG Ups ESL Stake\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/worldscreen.com\/tveurope\/#website\",\"url\":\"https:\/\/worldscreen.com\/tveurope\/\",\"name\":\"TVEUROPE\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/worldscreen.com\/tveurope\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/worldscreen.com\/tveurope\/#\/schema\/person\/83da304c8bad8bfdb3edd7eb47cfe5ad\",\"name\":\"Mansha Daswani\",\"description\":\"Mansha Daswani is the editor-in-chief and associate publisher of World Screen. 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