Schibsted

From Wikicompany

Schibsted ASA (or Schibsted Group) is one of the largest media groups in Scandinavia.

Schibsted's operates in various media fields:

• Newspaper publishing
• Television content
• Film production
• Book publishing
• Multimedia (CD, DVD) content
• Mobile phone services

Most of the company's operations are based in Norway and Sweden, but the group has operations in 11 European countries; Spain, France and Switzerland among others.

There are about 8,3 million daily readers of the company's newspapers (including the regional newspapers), the daily circulation of the newspapers is about 3 million.

The company employs about 4.760 people, of which about 2.310 people work outside of Norway.

Subsidiaries

• Schibsted Forlagene
• VG AS
• Aftonbladet
• Svenska Dagbladet
• avis1
• Eesti Meedia Group
• 20 Min Holding AG
• Metronome Film & Television
• Sandrew Metronome
• Dagens Medisin (50%)

History

The company was established when in 1839 Christian Schibsted started a small book printing business in Oslo.

In 1992 the company was listed on the Stockholm stock exchange.

In 1966 the company acquired the VG AS newspaper. A paper which was founded in 1945 a group of veterans from the resistance movement. The takeover of VG marked the beginning of the Schibsted Group.

In 1991 Schibsted applied for a government permit to establish an independent commercial television channel, TV 2 AS. Today, Schibsted owns 33.33% of this channel.

In 1996 Schibsted acquired Aftonbladet, which is the largest newspaper in the Nordic region.

In 1998 Schibsted acquired Svenska Dagbladet.

Operating revenues in 2004 were NOK 9.690 million.

Schibsted Oslo stock exchange Media Newspaper Television Book publishing Oslo Norway Europe 1839 1.000-10.000 employees