Modern Times Group (MTG) is a digital entertainment company based in Stockholm, Sweden.

Kinnevik distributed the MTG shares to its shareholders in 2018[2] and in 2019 MTG distributed shares in the newly founded Nordic Entertainment Group (now Viaplay Group) to its shareholders following the strategic transformation into a global digital entertainment company.

In 2015 MTG bought 74% of the shares in Turtle Entertainment, a top-tier esports tournament operator, owning brands such as Electronic Sports League (ESL).

Later the same year MTG made the acquisition of 100% of DreamHack, one of the biggest esports tournament organisers in the world.

Since the start of its investment operations, MTG has made further share acquisitions in the before-mentioned companies.