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  September 5, 2001
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Home > Company Index > Media > Media - Major Diversified > Modern Times Group MTG AB

Modern Times Group MTG AB
Nasdaq: MTGNY
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 PROFILE
Here's a company that is living in the present. Modern Times Group MTG is a growing media concern in Europe, with operations in broadcasting, publishing, and the Internet. MTG owns and operates a handful of free and pay TV channels in nine countries and operates the Nordic region's largest digital TV platform. It also operates seven radio networks in five countries and publishes daily business newspaper "Finanstidningen." In addition, MTG operates shopping channel TV-Shop and e-commerce Web site CDON and offers TV and film production services. The company spun off Metro International (free newspapers) in 2000. Chairman Jan Stenbeck controls about 15% of the company through his family's investment firm, Invik & Co.

 COMPETITION
Schibsted ASA (SCH)
Sky Global Networks, Inc. (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 576.00
1-Yr. Sales Growth: 2.3%
Employees: 1,475
Revenue per employee: $390,508.47

 KEY PEOPLE
• Hans-Holger Albrecht
    CEO
• Mia Brunell
    CFO

 CONTACT INFO
Skeppsbron 18, Box 2094
S-103 13 Stockholm, Sweden
Phone: 46-8-562-000-50
Fax: 46-8-20-50-74
Online: Web Site

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