Get Your Own Businessabc AI Visibility ID
Boost AI visibility, credibility, and discoverability
In March 2018, the Stockholm-headquartered entertainment company Modern Times Group initiated a process to split into two companies by spinning off its then Nordic Entertainment and MTG Studios business segments plus Splay Networks into a new company. This was initiated after Danish telecommunications operator TDC A/S, which had proposed to buy these assets a month earlier, was itself acquired by the Australian private equity investor Macquarie Group. Anders Jensen, MTG Executive Vice President and CEO of Nordic Entertainment, was named president and CEO of NENT Group.NENT Group began operating separately on 1 July 2018. On 28 March 2019, shares in Nordic Entertainment Group started trading on Nasdaq Stockholm exchange.NENT Group took a stake in Erik Feig's Picturestart studio along with first look Nordic rights to its content at Picturestart's May 2019 launch.On 5 May 2020, Pay-TV satellite platform Viasat, which was previously owned by NENT Group, merged with Canal Digital to form Allente. The merger means that NENT Group and Telenor Group owns Allente TV 50% each, but it operates on its own as an independent company. Through the merger, NENT Group's channels, including the V channels, were made available on Allente's platform. NENT Group operated Pay-TV, the Viasat satellite platform in Scandinavia and offered both in-house and third party channels.
On 13 April 2021, the merger of?Canal Digital?and Viasat in?Allente?was completed.
On 16 September 2021, NENT Group announced the re-organisation of its studio operations, previously called NENT Studios, as Viaplay Studios. With Viaplay Studios, the company announced that the main focus of the studio operations onwards is content production for the Viaplay streaming platform.On 18 May 2022, the company's shareholders approved the change of the company's name to Viaplay Group. In July 2022, Viaplay Group acquired U.K.-based sports streamer and pay TV channel operator, Premier Sports, for $36 million
