• MTG employees 2020

In 2020, an estimated 941 people were employed at the Swedish online gaming and eSports entertainment company Modern Times Group (MTG). This was a decrease of nearly 60 employees on the previous year. Most of the company's staff were located in Germany and the United States.

From one to two

In March 2018, MTG announced that it would split its operations into two separate companies – Modern Times Group MTG AB and Nordic Entertainment Group (NENT). Since July 2018, NENT Group has been operating as a separate enterprise. The "new" Modern Times Group comprises the business segments eSports and online gaming, while Nordic Entertainment Group's areas include broadcasting content for TV, radio, and online video.

How has the coronavirus affected the company?

MTG's eSports vertical has been particularly impacted by the coronavirus pandemic. The company expected a revenue decline of 25 percent for the first quarter of 2020 and a decrease between 25 to 35 percent for the first half of 2020. However, in the first quarter of 2020, the reported revenue change amounted to a negative growth of 11 percent.

Number of employees of Modern Times Group from 2011 to 2020

Characteristic	Number of employees
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Release date

May 2021

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Region

Worldwide, Europe, Sweden

Survey time period

2011 to 2020

Supplementary notes

* Figures for years 2011 to 2017 were previously published by the source. In the second half of 2018, Modern Times Group split into two companies (MTG and Nordic Entertainment Group NENT). Therefore, the numbers until then include the broadcast segments as well.