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MTG Confirms CA Vendor Change
In its year-end results, Modern Times Group (MTG) said it added net 28,000 new digital subscribers for its direct-to-home pay-TV services in Scandinavia in the fourth quarter. Its pay-TV operations generated net revenues of 549 million Swedish kronors ($64.4 million) in the fourth quarter. For all of 2002, MTG generated net revenues of 2.166 billion Swedish kronors ($254 million) from its pay-TV operations.
MTG has also announced that NDS will deliver a new CA system to MTG. In Interspace issue 760, NDS CEO Abe Peled said that he “was optimistic” that a deal could get done between NDS and MTG.
A more in-depth story regarding MTG’s results can be found in the next edition of Interspace.
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