MTG makes offer for ESL
Swedish media group Modern Times Group (MTG) has made an offer for the Electronic Sports League (ESL), according to a report by Breakit.se.
Founded in 1997, MTG operates TV channels in several countries across the globe and is looking to get into e-sports by purchasing ESL, the game branch of Turtle Entertainment.
This is not the first time, however, that MTG is linked with e-sports: earlier in the month, the Swedish media group was reported by the Daily Dot to be interested in broadcasting the new tournament circuit hosted by ESL, which saw the light of day on Tuesday in a joint announcement by the German company and ESEA.
ESL has reportedly drawn the attention of media giant MTG
The exact figure on the table is unknown, but Breakit.se reports that MTG could be offering several hundreds of millions of Swedish Krona (SEK) to get its hands on ESL.
"We never comment on that type of information," a source inside MTG told Breakit.se.
If the deal goes through, it could mean that ESL's tournaments will be shown on television in several countries. MTG's operations cover four continents and include TV channels and platforms, online services, content production businesses and radio stations.
UPDATE: Changed from hundreds of millions of dollars to hundreds of millions of Swedish Krona (SEK) to reflect the original report.