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Number of employees of Modern Times Group 2011-2019

In 2019, one thousand people were employed at the Swedish online gaming and eSports entertainment company Modern Times Group (MTG). This was an increase of nearly 50 employees. Most of the concern's staff were located in Germany and the United States.

From one to two

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

How does the coronavirus affects the company?

Especially MTG's eSports vertical is 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.

Average number of employees of Modern Times Group from 2011 to 2019

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Source

Release date

April 2020

Region

Worldwide, Europe, Sweden

Survey time period

2011 to 2019

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). Therefor, the numbers until then include the broadcast segments as well.

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Statistics on "eSports and online gaming in Sweden"

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