MTG increases ownership in ESL

Posted on: Oct 03, 2018 By smartlaunch in News and trends,

The media giant Modern Times Group, MTG, has bought additional shares in Turtle Entertainment GmbH (Turtle), the largest global player in the field of eSports that operates under the well known brand ESL.

Turtle runs leading tournaments in eSports, such as ESL One and Intel Extreme Masters, as well as online leagues like ESL Pro League. MTG bought 74% of the shares in ESL in July 2015. Now, MTG has increased its ownership in ESL to 82.48%.

“ESL is a fast-growing global brand in the field of eSports and the natural choice for viewers, players, partners and game makers. We are very pleased to increase our ownership and to continue our successful cooperation with the Turtle team,”said Jørgen Madsen Lindemann, CEO at MTG, in a press release.

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