Over the next few years, MTV will make significant investments in entertainment produced in Finland in order to promote growth.
MTV's turnover was EUR 230 million with an operating profit of EUR -3.2 million. The number of employees stood at 303.
Media company MTV is selling the business activities of radio station Nova and the sales and marketing functions of radio stations NRJ and Nostalgia to Bauer Media Oy.
MTV has signed a three-year contract to extend the exclusive rights to broadcast and distribute Formula 1® content in Finland.
Jarkko Nordlund, Managing Director at Universal Music Finland & Baltic, has been appointed new CEO at MTV.
Media company MTV is participating in the creation of a new kind of financing model that promotes the activities of growth companies.
MTV in brief
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