{"id":8811,"date":"2018-10-23T11:32:52","date_gmt":"2018-10-23T15:32:52","guid":{"rendered":"http:\/\/worldscreen.com\/tveurope\/nordic-entertainment-delivers-mtgs-q3\/"},"modified":"2018-10-23T13:03:09","modified_gmt":"2018-10-23T17:03:09","slug":"nordic-entertainment-delivers-for-mtgs-q3","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2018\/10\/23\/nordic-entertainment-delivers-for-mtgs-q3\/","title":{"rendered":"Nordic Entertainment Delivers for MTG’s Q3"},"content":{"rendered":"

MTG reported record Q3 sales, with 3 percent organic growth, as well as a 28 percent increase in operating profits, even when including SEK 7 million ($775,000) in transaction costs related to the company’s split.<\/p>\n

Net sales for the third quarter came to SEK 4.7 billion ($520 million). Total operating income before IAC was SEK 328 million ($36 million), including the costs from the split.<\/p>\n

J\u00f8rgen Madsen Lindemann, MTG’s president and CEO, said: \u201cThis was yet another quarter of profitable growth, and we are on track with the planned split. I would like to welcome Kinnevik\u2019s shareholders as direct owners of MTG now.\u201d<\/p>\n

Nordic Entertainment delivered its eighth consecutive quarter of higher sales and profits. The growth continues to be driven by streaming services\u2014Viaplay in particular. Free-TV sales were down but the Swedish Radio business delivered double-digit sales growth and the Viafree streaming service continues to grow. Studios sales and profits were down, but Madsen Lindemann noted that MTG has a “healthy forward pipeline of contracted productions.<\/p>\n

“Overall, we have continued to invest in original local dramas and premium sports, in order to drive up subscription and consumption levels further,” he said.<\/p>\n

Nova Bulgaria continued to report double-digit profitable growth. MTGx generated double-digit organic sales growth, while eSports sales were up and losses were down.<\/p>\n

The split of MTG with NENT is set to be completed in the first quarter of 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

MTG reported record Q3 sales, with 3 percent organic growth, as well as a 28 percent increase in operating profits, even when including SEK 7 million ($775,000) in transaction costs related to the company’s split.<\/p>\n","protected":false},"author":350,"featured_media":8812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[178],"class_list":["post-8811","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-mtg"],"yoast_head":"\nNordic Entertainment Delivers for MTG's Q3 - 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\/23\/nordic-entertainment-delivers-for-mtgs-q3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nordic Entertainment Delivers for MTG's Q3 - TVEUROPE\" \/>\n<meta property=\"og:description\" content=\"MTG reported record Q3 sales, with 3 percent organic growth, as well as a 28 percent increase in operating profits, even when including SEK 7 million ($775,000) in transaction costs related to the company's split.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/worldscreen.com\/tveurope\/2018\/10\/23\/nordic-entertainment-delivers-for-mtgs-q3\/\" \/>\n<meta property=\"og:site_name\" content=\"TVEUROPE\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-23T15:32:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-10-23T17:03:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/worldscreen.com\/tveurope\/wp-content\/uploads\/sites\/14\/2017\/07\/Jorgen-Madsen-Lindemann-MTG-717.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"395\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kristin Brzoznowski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kristin Brzoznowski\" \/>\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\/23\/nordic-entertainment-delivers-for-mtgs-q3\/\",\"url\":\"https:\/\/worldscreen.com\/tveurope\/2018\/10\/23\/nordic-entertainment-delivers-for-mtgs-q3\/\",\"name\":\"Nordic Entertainment Delivers for MTG's Q3 - TVEUROPE\",\"isPartOf\":{\"@id\":\"https:\/\/worldscreen.com\/tveurope\/#website\"},\"datePublished\":\"2018-10-23T15:32:52+00:00\",\"dateModified\":\"2018-10-23T17:03:09+00:00\",\"author\":{\"@id\":\"https:\/\/worldscreen.com\/tveurope\/#\/schema\/person\/0026b5a5c019f9a498d0a452e6e9d4be\"},\"breadcrumb\":{\"@id\":\"https:\/\/worldscreen.com\/tveurope\/2018\/10\/23\/nordic-entertainment-delivers-for-mtgs-q3\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/worldscreen.com\/tveurope\/2018\/10\/23\/nordic-entertainment-delivers-for-mtgs-q3\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/worldscreen.com\/tveurope\/2018\/10\/23\/nordic-entertainment-delivers-for-mtgs-q3\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/worldscreen.com\/tveurope\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Nordic Entertainment Delivers for MTG’s Q3\"}]},{\"@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\/0026b5a5c019f9a498d0a452e6e9d4be\",\"name\":\"Kristin Brzoznowski\",\"url\":\"https:\/\/worldscreen.com\/tveurope\/author\/kbrzoznowskiworldscreen-com\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Nordic Entertainment Delivers for MTG's Q3 - TVEUROPE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/worldscreen.com\/tveurope\/2018\/10\/23\/nordic-entertainment-delivers-for-mtgs-q3\/","og_locale":"en_US","og_type":"article","og_title":"Nordic Entertainment Delivers for MTG's Q3 - TVEUROPE","og_description":"MTG reported record Q3 sales, with 3 percent organic growth, as well as a 28 percent increase in operating profits, even when including SEK 7 million ($775,000) in transaction costs related to the company's split.","og_url":"https:\/\/worldscreen.com\/tveurope\/2018\/10\/23\/nordic-entertainment-delivers-for-mtgs-q3\/","og_site_name":"TVEUROPE","article_published_time":"2018-10-23T15:32:52+00:00","article_modified_time":"2018-10-23T17:03:09+00:00","og_image":[{"width":600,"height":395,"url":"https:\/\/worldscreen.com\/tveurope\/wp-content\/uploads\/sites\/14\/2017\/07\/Jorgen-Madsen-Lindemann-MTG-717.jpg","type":"image\/jpeg"}],"author":"Kristin Brzoznowski","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kristin Brzoznowski","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/worldscreen.com\/tveurope\/2018\/10\/23\/nordic-entertainment-delivers-for-mtgs-q3\/","url":"https:\/\/worldscreen.com\/tveurope\/2018\/10\/23\/nordic-entertainment-delivers-for-mtgs-q3\/","name":"Nordic Entertainment Delivers for MTG's Q3 - TVEUROPE","isPartOf":{"@id":"https:\/\/worldscreen.com\/tveurope\/#website"},"datePublished":"2018-10-23T15:32:52+00:00","dateModified":"2018-10-23T17:03:09+00:00","author":{"@id":"https:\/\/worldscreen.com\/tveurope\/#\/schema\/person\/0026b5a5c019f9a498d0a452e6e9d4be"},"breadcrumb":{"@id":"https:\/\/worldscreen.com\/tveurope\/2018\/10\/23\/nordic-entertainment-delivers-for-mtgs-q3\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/worldscreen.com\/tveurope\/2018\/10\/23\/nordic-entertainment-delivers-for-mtgs-q3\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/worldscreen.com\/tveurope\/2018\/10\/23\/nordic-entertainment-delivers-for-mtgs-q3\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/worldscreen.com\/tveurope\/"},{"@type":"ListItem","position":2,"name":"Nordic Entertainment Delivers for MTG’s Q3"}]},{"@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\/0026b5a5c019f9a498d0a452e6e9d4be","name":"Kristin Brzoznowski","url":"https:\/\/worldscreen.com\/tveurope\/author\/kbrzoznowskiworldscreen-com\/"}]}},"_links":{"self":[{"href":"https:\/\/worldscreen.com\/tveurope\/wp-json\/wp\/v2\/posts\/8811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/worldscreen.com\/tveurope\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/worldscreen.com\/tveurope\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/worldscreen.com\/tveurope\/wp-json\/wp\/v2\/users\/350"}],"replies":[{"embeddable":true,"href":"https:\/\/worldscreen.com\/tveurope\/wp-json\/wp\/v2\/comments?post=8811"}],"version-history":[{"count":0,"href":"https:\/\/worldscreen.com\/tveurope\/wp-json\/wp\/v2\/posts\/8811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/worldscreen.com\/tveurope\/wp-json\/wp\/v2\/media\/8812"}],"wp:attachment":[{"href":"https:\/\/worldscreen.com\/tveurope\/wp-json\/wp\/v2\/media?parent=8811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/worldscreen.com\/tveurope\/wp-json\/wp\/v2\/categories?post=8811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/worldscreen.com\/tveurope\/wp-json\/wp\/v2\/tags?post=8811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}