English
Published: 2016-03-17 08:00:00 CET
Modern Times Group MTG AB
Company Announcement
New Financial Reporting Structure
MTG today announced that it will change its financial reporting structure
with
effect from the first quarter of 2016. This follows the changes to
MTG’s
management and operating structure during the Group’s strategic
transformation
from a traditional broadcaster into a digital entertainment
company.
The new financial reporting structure will be divided into four
segments: Nordic
Entertainment; International Entertainment; Studios and MTGx
Ventures.

Full year comparative figures have been made available from 2013,
with quarterly
numbers for 2014 and 2015, on MTG’s home page
(https://www.mtg.com/our
-performance/quarterly-results/).

“The transformation
of the Group is all about driving and shaping the fast
moving changes in
consumer behaviour and the video entertainment industry. This
disclosure
structure reflects the way in which our business is now organised and
managed,
as well as the way in which we expect the business to develop. We have
common
revenue streams and cost bases in each of these segments, and the new
structure
allows us to better share investments such as content and technology
across
multiple platforms.”

Jørgen Madsen Lindemann, MTG President & CEO

****
Any
     questions?
www.mtg.com
 (http://www.mtg.com%20%0D/)Facebook (https://www.faceboo
     k.com/pages/Modern
-Times-Group/184644878213403?fref=ts):
    facebook.com/MTGAB
(https://www.facebook.com/MTGAB?fref=ts)Twitter (https://twi
         tter.com/MTGAB):
@mtgab
 (https://twitter.com/intent/follow?original_referer=htt
          p%3A%2F%2Fmtg.com%2F&scre
en_name=MTGAB&tw_p=followbutton&variant=2.0)press@mtg.
     com
(or Jessica Sjöberg
+46 76 494 09 13)
investors@mtg.com (or Stefan Lycke +46 73
699 27 14)
MTG (Modern Times Group MTG AB (publ.)) is a leading international
entertainment
group. Our shares are listed on Nasdaq OMX Stockholm (‘MTGA’ and
‘MTGB’). The
information in this announcement is that which MTG is required to
disclose
according to the Securities Market Act and/or the Financial
Instruments Trading
Act, and was released at 08:00 CET on March 17th 2016.

 


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