Viaplay Group, which has just announced the acquisition of the 50 per cent stake in Allente that it didn’t already own, has reported that its “transformation continued in Q2” with focus on value over volume. Viaplay reported Group net sales of SEK 4.31 billion (€0.38bn), down slightly from SEK 4.48 billion QoQ, and total operating […]

Viaplay has reported total reported Q3 group net sales of SEK 4,412 million (€386.5m) and total operating income before associated company income (ACI) and items affecting comparability (IAC) of SEK -56 milllion. The Nordic streaming service saw 6 per cent organic sales growth for core operations (Nordics, Netherlands and Select) in the quarter, with reported […]

After much delay, troubled streaming service Viaplay has posted its Q3 results revealing that operating income for the quarter dropped by SEK -321 million (€28.1m). Further quarterly highlights included: 7 per cent  Group organic sales growth with reported net sales of SEK 4,536 million 17 per cent Viaplay organic sales growth and Viaplay now represents […]

Struggling international streamer Viaplay has again pushed back the release of its Q3 results as it continues restructuring negotiations. The board decided to push back the publication of its Q3 2023 numbers to after close of trading on NASDAQ Stockholm on November 30th, as intense discussions continue with its largest shareholders, lenders and bondholders on […]

Viaplay Group has announced a new Nordic country-based operating model and changes to its executive management team. This follows the announcement of changes to the Group’s short-term outlook for 2023, and the appointment of Jørgen Madsen Lindemann as President and CEO. The new operating model aims to improve operating efficiency and performance, sharpen the Group’s […]

Entertainment provider Viaplay has announced a downgrade of its short-term outlook for 2023 following an accelerated deterioration in the operating environment and longer than expected realisation of its cost savings programme. The Group has also withdrawn its long term operational and financial guidance. An update on the medium term outlook is expected to be provided […]

Modern Times Group (MTG) CEO and President Jørgen Madsen Lindemann has informed the Board of Directors of his decision to leave the company and has submitted his letter of resignation. After 26 years of service, he has decided to step down to free up time to pursue other challenges and for the company to facilitate […]