MTG publishes Q1 2020 January-March Financial Results
STOCKHOLM, April 28th 2020 — Modern Times Group MTG AB (MTG) today publishes its Q1 2020 financial results report.“Government policies to contain the spread of the pandemic have had a negative impact on MTG’s esports vertical, which is built around large live events with media rights, brand partnerships and many attending fans who purchase tickets and merchandise. However, our work to further commercialize esports has continued in the quarter,” MTG’s President and CEO Jørgen Madsen Lindemann states in the report “The gaming vertical has proven to be more resilient to the impact from the