Chinese livestreaming platform Huya and Swedish media firm Modern Times Group (MTG) have entered into a binding term sheet. The agreement includes a joint venture with MTG portfolio company Turtle Entertainment GmbH (ESL), which Huya will be allowed to acquire a minority stake in.

2020-07-23 · ESL and DreamHack, both owned by Sweden's e-sports and gaming firm MTG, have entered a partnership agreement with live streaming platform Huya as the Swedish company seeks to expand in the booming

After entering a binding term sheet, HUYA will invest into ESL, a MTG portfolio company. HUYA is a leading […] Huya, som backas av teknikjätten Tencent, skulle även bli delägare i ESL. "Huya har vi en stark partner som kan lägga grunden för en framgångsrik expansion av ESL:s erbjudande till den starkt växande kinesiska marknaden för gaming och esport," säger MTG:s koncernchef och vd Jørgen Madsen Lindemann. STOCKHOLM - January 21st, 2020 08.00am CET — Modern Times Group MTG AB (MTG) today announces that MTG and HUYA Inc. (Huya) have mutually terminated the negotiations related to the definitive agreement for the forming of a strategic Joint Venture for esport expansion into China and a minority stake investment in MTG’s portfolio company ESL. STOCKHOLM, July 23rd 2020 — Modern Times Group MTG AB’s (publ.) (“MTG”) esports portfolio companies ESL and DreamHack have today jointly announced the entering into a new agreement with Huya Inc (Huya) as exclusive digital media partner of major esports competitions in Mandarin-language and other Chinese languages and dialects. När nyheten att MTG och Huya skulle ingå ett partnerskap kom i september förra året steg MTG-aktien med drygt 14 procent samma dag. Huyas tänkta investering om 30 miljoner dollar i ESL motsvarade en värdering på hela ESL (enterprise value) om 425 miljoner dollar, motsvarande närmare omkring 4 miljarder kronor. MTG: ESL and DreamHack Extend Streaming Portfolio with Huya Inc Deal ESL and DreamHack today announced the one-year deal with Huya, a leading game live-streaming platform in China. The agreement will see the ESL Pro Tour for CS:GO and Dota 2 live streamed exclusively to Huya in 2020, delivering a dedicated stream in standard Mandarin and other Chinese languages and dialects.

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MTG shares leapt as much as 25% on Monday after the Swedish e-sports and gaming firm said Chinese live streaming platform Huya would buy a stake in its Turtle Entertainment (ESL) business and help it expand into China. Huya, backed by internet giant Tencent <0700.HK>, will invest $30 million in ESL, giving the whole of ESL an enterprise value of $425 million, MTG said. STOCKHOLM, 22 juli 2020 — Modern Times Group MTG AB:s (publ.) (“MTG”) esport-portföljbolag ESL och DreamHack offentliggör i dag gemensamt ett nytt samarbetsavtal med Huya Inc. (Huya) som innebär att det kinesiska bolaget blir exklusiv mediepartner för distribution på mandarin och andra kinesiska språk och dialekter för ett antal av bolagens stora esport-turneringar. Måndag, 2 september 2019 08.00am CEST — Modern Times Group MTG AB (MTG) tillkännager i dag ingående av ett bindande term sheet med HUYA Inc. (Huya) och som del i detta bildandet av ett strategiskt samriskbolag (joint venture) samt möjlighet för Huya att förvärva en minoritetspost i MTG:s portföljbolag ESL. STOCKHOLM – January 21st, 2020 08.00am CET — Modern Times Group MTG AB (MTG) today announces that MTG and HUYA Inc. (Huya) have mutually terminated the negotiations related to the definitive agreement for the forming of a strategic Joint Venture for esport expansion into China and a minority stake investment in MTG’s portfolio company ESL. 2019-09-02 · Sweden’s MTG AB surged after its portfolio company ESL, the world’s largest esports company, said it is partnering with Tencent Holdings Ltd.-backed streaming platform Huya Inc. to expand in September 2nd, 2019 08.00am CEST — Modern Times Group MTG AB (MTG) today announces the entering into a binding term sheet and the forming of a strategic joint venture as part of a transaction that allows HUYA Inc. to acquire a minority stake in MTG’s portfolio company ESL. STOCKHOLM, 22 juli 2020 - Modern Times Group MTG AB:s (publ.) ("MTG") esport-portföljbolag ESL och DreamHack offentliggör i dag gemensamt ett nytt samarbetsavtal med Huya Inc. (Huya) som innebär att det kinesiska bolaget blir exklusiv mediepartner för distribution på mandarin och andra kinesiska språk och dialekter för ett antal av bolagens stora esport-turneringar. Modern Times Group (MTG), the parent company of ESL and DreamHack, has entered a binding term sheet with Chinese live streaming platform HUYA.. As things stand, the agreement will see HUYA acquire a minority interest in ESL and form a joint venture with the tournament organiser that focuses on Chinese esports.

ESL’s value would increase to USD 455 million and Huya Inc. will own a 6.6% stake in ESL. This is the first major investment and shareholder in ESL following MTG’s investment in 2015. ESL and Huya aim to host Chinese events and bring add them to the ESL Global Calendar.

STOCKHOLM (Reuters) - ESL and DreamHack, both owned by Sweden's  3 Sep 2019 Sweden's MTG AB surged after its portfolio company ESL, the world's largest eSports company, said it is partnering with Tencent Holdings  2 Wrz 2019 ESL oraz wiodąca platforma streamingowa z Chin, HUYA, ogłosiły rozpoczęcie Większościowym udziałowcem ESL nadal jest MTG. 3 sept. 2019 Le partenariat stratégique avec Huya donne à MTG [la maison mère suédoise d' ESL, NDLR] un accès au marché de l'e-sport qui connaît la  19 dec 2019 En möjlig renodling till esport inom MTG har fått fart på aktien den kinesiska Huya att dotterbolaget ESL är värt cirka 4 miljarder kronor.

july 23 (reuters) - modern times group mtg ab: * modern times group mtg esports portfolio companies esl and dreamhack have today jointly announced entering into a new agreement with huya inc (huya)

Huya will also buy $30 million worth of shares in the STOCKHOLM – January 21st, 2020 08.00am CET — Modern Times Group MTG AB (MTG) today announces that MTG and HUYA Inc. (Huya) have mutually terminated the negotiations related to the definitive agreement for the forming of a strategic Joint Venture for esport expansion into China and a minority stake investment in MTG’s portfolio company ESL. Pursuant to the term sheet, Huya has agreed to form a joint venture with MTG’s portfolio company Turtle Entertainment GmbH (ESL), the largest esports company in the world, to facilitate expansion into China, and to acquire a minority interest in ESL. The investment size is USD 30 million made up of both primary and secondary shares. Modern Times Group (MTG), the parent company of ESL and DreamHack, has entered a binding term sheet with Chinese live streaming platform HUYA. As things stand, the agreement will see HUYA acquire a minority interest in ESL and form a joint venture with the tournament organiser that focuses on Chinese esports. Logo credits: MTG, HUYA STOCKHOLM, July 23rd 2020 — Modern Times Group MTG AB’s (publ.) (“MTG”) esports portfolio companies ESL and DreamHack have today jointly announced the entering into a new agreement with Huya Inc (Huya) as exclusive digital media partner of major esports competitions in Mandarin-language and other Chinese languages and dialects. After entering a binding term sheet, HUYA will invest into ESL, a MTG portfolio company. HUYA is a leading game live streaming platform in China with a large and active game live streaming community. The forming of a joint venture between ESL and HUYA creates a natural alliance to facilitate the expansion of ESL’s offering in the Chinese market.

ESL och Huya planerar att starta lokala e-sporttävlingar i Kina som kopplas till den globala ESL-kalendern.
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juli 23 2020. STOCKHOLM, 22 juli 2020 — Modern Times Group MTG AB:s (publ.) (“MTG”)  MTG och HUYA Inc. ingår term sheet om att inleda ett partnerskap kring esport i Kina samt investering i MTG-bolaget ESL. september 2 2019. Måndag  ESL och DreamHack har ingått ett nytt avtal med Tencent-ägda Huya kring streaming av esport till den kinesiska marknaden, enligt ett  Som en del i det ska ett samriskbolag bildas samtidigt som Huya får möjlighet att förvärva en minoritetspost i MTG-ägda ESL. Huya kommer att förvärva  ESL och DreamHack har ingått ett nytt avtal med Huya kring streaming marknaden för esport", skriver ESL-ägaren MTG i pressmeddelandet. Modern Times Group MTG AB:s (publ.) (“MTG”) esport-portföljbolag ESL och DreamHack offentliggör i dag gemensamt ett nytt samarbetsavtal med Huya Inc. MTG:s esportbolag ESL och DreamHack offentliggör i dag ett samarbetsavtal som löper på ett år med Huya Inc - en av Kinas ledande digitala plattformar för  ESL and DreamHack today announced the one-year deal with Huya, a leading game live-streaming platform in China. The agreement will see  ESL och DreamHack har ingått ett nytt avtal med Tencent-ägda Huya kring streaming av esport till den kinesiska marknaden, enligt ett pressmeddelande.

HUYA is a leading game live streaming platform in China with a large and active game live streaming community.
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På e-sportsidan, där MTG:s bolag ESL och Dreamhack anordnar har ingått ett nytt samarbetsavtal med den kinesiska spelutgivaren Huya.

Publicerad: 2020-07-23 (Cision) MTG: ESL and DreamHack Extend Streaming Portfolio with Huya Inc Deal. Publicerad: 2020-07-23 (Cision) Modern Times Group MTG AB:s (publ.) (“MTG”) esport-portföljbolag ESL och DreamHack offentliggör i dag gemensamt ett nytt samarbetsavtal med Huya Inc. (Huya) som innebär att det kinesiska bolaget blir exklusiv mediepartner för distribution på mandarin och andra kinesiska språk och dialekter för ett antal av bolagens stora esport-turneringar. Image credit: ESL. RELATED: ESL and DreamHack enter three-year broadcast deal with Twitch. The deal comes after negotiations between Modern Times Group (MTG), the parent company of ESL and DreamHack, and HUYA collapsed in January, resulting in MTG’s share price to fall 15.08 percent when the announcement was made. ESL’s value would increase to USD 455 million and Huya Inc. will own a 6.6% stake in ESL. This is the first major investment and shareholder in ESL following MTG’s investment in 2015. ESL and Huya aim to host Chinese events and bring add them to the ESL Global Calendar. MTG seguirá siendo el propietario mayoritario en ESL. Estamos entusiasmados de anunciar esta hoja de ruta para una asociación estratégica importante que nos proporciona un socio fuerte en Huya para allanar el camino para una expansión exitosa de ESL en el próspero mercado chino.

2019-09-02 · Sweden’s MTG AB surged after its portfolio company ESL, the world’s largest esports company, said it is partnering with Tencent Holdings Ltd.-backed streaming platform Huya Inc. to expand in

MTG will expand into the Chinese esports market through a binding term sheet with livestreaming platform Huya. MTG: ESL och DreamHack i nytt avtal med Huya Inc. kring streaming av esport till kinesiska marknaden MTG:s esportbolag ESL och DreamHack offentliggör i dag ett samarbetsavtal som löper på ett år med Huya Inc – en av Kinas ledande digitala plattformar för liveströmning av underhållning. MTG: ESL and DreamHack Extend Streaming Portfolio with Huya Inc Deal ESL and DreamHack today announced the one-year deal with Huya, a leading game live-streaming platform in China. The agreement will see the ESL Pro Tour for CS:GO and Dota 2 live streamed exclusively to Huya in 2020, delivering a dedicated stream in standard Mandarin and other Chinese languages and dialects. ESL’s value would increase to USD 455 million and Huya Inc. will own a 6.6% stake in ESL. This is the first major investment and shareholder in ESL following MTG’s investment in 2015. ESL and Huya aim to host Chinese events and bring add them to the ESL Global Calendar.

SportBusiness staff, Europe. 2020-01-21 MTG said in September that Huya, which is backed by Chinese internet giant Tencent, was planning to buy a $30 million stake in its Turtle Entertainment (ESL) e-sport business, sending its shares Huya, som backas av teknikjätten Tencent, skulle även bli delägare i ESL. "Huya har vi en stark partner som kan lägga grunden för en framgångsrik expansion av ESL:s erbjudande till den starkt växande kinesiska marknaden för gaming och esport," säger MTG:s koncernchef och vd … The parent company that owns DreamHack and ESL, Swedish tech company MTG, saw their shares drop nearly 20% in value after a joint venture with Chinese live-streaming platform Huya fell through. MTG offentliggör sammanslagning av dess ledande esportbolag ESL Gaming och DreamHack . september 30 2020 17:00 . STOCKHOLM, 30 september 2020 — Modern Times Group MTG AB (publ.) (”MTG”) offentliggör i dag att bolagets esport-portföljbolag ESL … MTG: ESL och DreamHack i nytt avtal med Huya Inc. kring streaming av esport till kinesiska marknaden MTG Samarbetsavtalet innebär att ESL Pro Tour för Counter-Strike: Global Offensive (CS:GO) samt för Dota 2 kommer att liveströmmas exklusivt på Huya under 2020 med en dedikerad liveström på mandarin samt andra kinesiska språk och dialekter.