MTG is reorganising its management following its recent investment in a number of digital businesses, under digital hub MTGx.
It means the departure of Rikard Steiber, MTG EVP and its Chief Digital Officer, who established the unit.
MTGx central video on demand technical functions for both the Play and Viaplay services are being united under the command of the Nordic digital streaming business Viaplay and its CEO Jonas Karlén. He’ll now report directly to Group CEO Jørgen Madsen Lindemann.
Viaplay’s subscription video on demand started streams more than doubled in Q3 2015.
MTGx Ventures will continue to focus on the development of new Ventures Businesses comprising Turtle Entertainment (74% owned), Zoomin.TV (51% owned), Splay (81% owned) and DreamHack (100% owned), as well as a number of early stage start-ups, academies and hubs.
Between them the businesses represent more than 2.4 billion monthly views globally and combined annual external sales of more than SEK 850 million.
Arnd Benninghoff has headed up the Group’s digital ventures since joining MTG in November 2014 from his role as CDO of ProsiebenSat1, and will now become an MTG Executive Vice President as well as CEO of MTGx Ventures.
Arnd will report to Mathias Hermansson, who returns to work on 18 December after his period of leave. Mathias will take on the new role of Executive Chairman of MTGx Ventures and adviser to MTG’s President & CEO on a number of strategic projects.
Maria Redin’s role as acting CFO is now made permanent with immediate effect.