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MTG invests in Splay to accelerate expansion

Friday 10 July 2015 | 08:55 CET | News
MTG increased its shareholding in Splay, a multi-channel network in Scandinavia, to 81 percent from 49 percent by buying more shares from the founders and investing directly in the company to accelerate Splay's expansion. Splay is already present in Germany and continues to expand internationally. Splay's content is currently generating over 120 million monthly views (up over 900 percent since the beginning of 2014) on its 430 YouTube channels. Splay's video stars have 14 million subscribers on YouTube and over 50 million followers on Instagram. In just two years, Splay has developed from a

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Categories: Internet
Companies: Facebook / Instagram / Twitter / YouTube
Countries: Scandinavia
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