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MTG aquires Dreamhack - Page 2

Forum Index > SC2 General
80 CommentsPost a Reply
Prev 1 2 3 4 5 Next All
Marcinko
Profile Joined May 2013
South Africa1014 Posts
November 12 2015 10:29 GMT
#21
On November 12 2015 19:16 shid0x wrote:
Pretty sure im not the only guy wondering wtf mtg is.


What he sad. WTF is MTG?
....
Ragnarork
Profile Blog Joined June 2011
France9034 Posts
Last Edited: 2015-11-12 10:33:39
November 12 2015 10:32 GMT
#22
On November 12 2015 19:17 ne4aJIb wrote:
Just read the short description about MTG, found out they are the largest shareholder in CTC Media, which is Russia’s leading independent media company. I am really surpised.


I'm not really comforted by the fact they meddle with Russian companies. Guess it depends what's the true meaning of "independant" in that description...

Oh well.

On November 12 2015 19:29 Marcinko wrote:
Show nested quote +
On November 12 2015 19:16 shid0x wrote:
Pretty sure im not the only guy wondering wtf mtg is.


What he sad. WTF is MTG?


Come on, it's in the thread, and can be found with a simple google search (as it's the headlines right now).
LiquipediaWanderer
Korakys
Profile Blog Joined November 2014
New Zealand272 Posts
November 12 2015 11:04 GMT
#23
Modern Times Group (MTG) is a Swedish digital entertainment company. MTG was formed out of the media holdings of investment company Kinnevik, which in 1997 was distributed to the company stockholders. MTG operates free-TV channels in 10 countries, and also offers subscription entertainment services. MTG also offers a range of online catch-up, "Play" services.
en.wikipedia.org

Corporate parent:
Investment AB Kinnevik (Swedish pronunciation: [ɕɪnɛˈviːk]) is a Swedish investment company that was founded in 1936 by the Stenbeck, Klingspor and von Horn families.
Kinnevik is an active and long-term owner and its investments are made primarily in technology-based services aimed at consumers.
Kinnevik holds significant stakes in about 50 companies operating in more than 80 countries, with a particular focus on growth markets. The largest holdings are Millicom, Tele2, Zalando, Rocket Internet, MTG and Avito.
Kinnevik’s largest shareholder is Verdere S.á.r.l., which is jointly owned by Cristina and Max Stenbeck.
en.wikipedia.org

Principal shareholder:
Cristina Mayville Stenbeck, born 27 September 1977 in New York, USA, is a Swedish American business woman. She is the executive chairman and principal owner of Investment AB Kinnevik, one of the largest family-controlled companies in Sweden
en.wikipedia.org
Swing away sOs, swing away.
Overtime
Profile Joined March 2013
51 Posts
November 12 2015 11:06 GMT
#24
What I don't get is why did they sell with such a stupid low valuation. Sold for 28 mil when the company made 69 mil in sales just for the last year and projections for double in this year.
322
Korakys
Profile Blog Joined November 2014
New Zealand272 Posts
Last Edited: 2015-11-12 11:12:29
November 12 2015 11:09 GMT
#25
On November 12 2015 20:06 Overtime wrote:
What I don't get is why did they sell with such a stupid low valuation. Sold for 28 mil when the company made 69 mil in sales just for the last year and projections for double in this year.

Revenue =/= Profit

Addendum: Revenue = Sales = Turnover
Swing away sOs, swing away.
Overtime
Profile Joined March 2013
51 Posts
November 12 2015 11:15 GMT
#26
My bad I read the sales thinking it was $ not SEK. So seems fair enough.
322
halfies
Profile Joined November 2011
United Kingdom327 Posts
November 12 2015 11:35 GMT
#27
I think for SC2, we probably don't need to worry yet. blizzard have shown that they are willing to intervene in league management when they feel they need to. so i think we will be one of the last games to get hit by something like this in a negative way
Ragnarork
Profile Blog Joined June 2011
France9034 Posts
Last Edited: 2015-11-12 11:44:31
November 12 2015 11:44 GMT
#28
Quite an interesting link I think is worth sharing:

MTG’s Arnd Benninghoff: “Esports has reached the critical mass to be relevant”

Of course, Aeromi found that.
LiquipediaWanderer
amazingxkcd
Profile Blog Joined September 2010
GRAND OLD AMERICA16375 Posts
November 12 2015 11:51 GMT
#29
fak
The world is burning and you rather be on this terrible website discussing video games and your shallow feelings
Noonius
Profile Joined April 2012
Estonia17413 Posts
November 12 2015 12:27 GMT
#30
calling it now: in a few years Apollo will be put in charge of DH
Terran forever | Maru hater forever
Musicus
Profile Joined August 2011
Germany23579 Posts
November 12 2015 12:28 GMT
#31
On November 12 2015 17:30 Aeromi wrote:
Monopoly. :>


I love that game and I still have a lot of Magic cards. So this sounds good to me! Grats DH .
Maru and Serral are probably top 5.
PhoenixVoid
Profile Blog Joined December 2011
Canada32754 Posts
November 12 2015 12:39 GMT
#32
A little concerning one company is controlling Turtle Entertainment (hence ESL) and DreamHack now.
I'm afraid of demented knife-wielding escaped lunatic libertarian zombie mutants
Penev
Profile Joined October 2012
28536 Posts
November 12 2015 12:47 GMT
#33
Do competition authorities actually do things?
I Protoss winner, could it be?
JimmyJRaynor
Profile Blog Joined April 2010
Canada17747 Posts
Last Edited: 2015-11-12 13:24:42
November 12 2015 13:18 GMT
#34
On November 12 2015 17:30 Aeromi wrote:
Monopoly. :>

nope,
not with ATVI making their own esports division.

also, as a stand alone business SC2 esports is not profitable so in that subsection of the business there is nothing to exploit by having a monopoly.
Ray Kassar To David Crane : "you're no more important to Atari than the factory workers assembling the cartridges"
oGoZenob
Profile Joined December 2011
France1503 Posts
November 12 2015 13:43 GMT
#35
Only 28 millions ? It's weird to see such a growing business selling for such a low amount
I like starcraft
deacon.frost
Profile Joined February 2013
Czech Republic12133 Posts
November 12 2015 13:45 GMT
#36
On November 12 2015 22:18 JimmyJRaynor wrote:
Show nested quote +
On November 12 2015 17:30 Aeromi wrote:
Monopoly. :>

nope,
not with ATVI making their own esports division.

also, as a stand alone business SC2 esports is not profitable so in that subsection of the business there is nothing to exploit by having a monopoly.

DH/ESL is not only about SC2 :-)

Anyway, I am glad someone made clear what MTG is, I know it only as that card game
I imagine France should be able to take this unless Lilbow is busy practicing for Starcraft III. | KadaverBB is my fairy ban mother.
Drake
Profile Joined October 2010
Germany6146 Posts
November 12 2015 14:01 GMT
#37
i hope they dont think then "meh iem dreamhack we only need one" ...
Nb.Drake / CoL_Drake / Original Joined TL.net Tuesday, 15th of March 2005
BisuDagger
Profile Blog Joined October 2009
Bisutopia19379 Posts
November 12 2015 14:09 GMT
#38
This is a big step for Magic the Gathering!
+ Show Spoiler +
/joke
ModeratorFormer Afreeca Starleague Caster: http://afreeca.tv/ASL2ENG2
Aeromi
Profile Blog Joined August 2012
France14462 Posts
November 12 2015 14:10 GMT
#39
On November 12 2015 22:18 JimmyJRaynor wrote:
Show nested quote +
On November 12 2015 17:30 Aeromi wrote:
Monopoly. :>

nope,
not with ATVI making their own esports division.

also, as a stand alone business SC2 esports is not profitable so in that subsection of the business there is nothing to exploit by having a monopoly.

DH, ESL and ESEA is way more than SC2.
https://twitter.com/DrAeromi | Updates on live tournaments: @StarCrafteSport
Hassybaby
Profile Blog Joined November 2010
United Kingdom10823 Posts
November 12 2015 14:10 GMT
#40
That seems like quite a low amount for Dreamhack....
"These guys are mindfucking me into a sex coma" | "Mayonnaise is a must-have lubricant when performing necrophilia"
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