Schibsted
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| Type | Allmennaksjeselskap (OSE: SCH) |
|---|---|
| Industry | Mass media |
| Founded | 1839 |
| Headquarters | Oslo, Norway |
| Key people | Rolv Erik Ryssdal (CEO), Ole Jacob Sunde (Chairman) |
| Revenue | NOK 13.79 billion (2010)[1] |
| Operating income | NOK 3.410 billion (2010)[1] |
| Profit | NOK 2.794 billion (2010)[1] |
| Total assets | NOK 16.51 billion (end 2010)[1] |
| Total equity | NOK 7.006 billion (end 2010)[1] |
| Employees | 7,500 (2011)[2] |
| Website | www.schibsted.com |
Schibsted is a Norwegian media conglomerate with operations in 20 countries, the most important being Norway and Sweden. The company has its headquarters in Oslo, Norway and is listed on Oslo Stock Exchange.
Schibsted's present activities relate to media products and rights in the field of newspapers, television, film, publishing, multimedia and mobile services. Schibsted has ownership in a variety of formats; paper, the Internet, television, cinema, video, DVD and wireless terminals (mobile telephones, PDAs etc.).
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[edit] Participations
[edit] Norway
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This section's factual accuracy may be compromised due to out-of-date information. Please help improve the article by updating it. There may be additional information on the talk page. (January 2012) |
Schibsted owns the two national newspapers Aftenposten and Verdens Gang (VG), the second largest and largest newspapers in Norway, respectively. In addition the company has ownership in the newspapers Adresseavisen (34.3%), Budstikka (10.1%), Bergens Tidende (24.4%), Fædrelandsvennen (25.0%), Harstad Tidende (who also own Bladet Tromsø) (51.0%) and Stavanger Aftenblad (31.5%). Through Aftenposten and VG Schibsted controls 20.6% of the Norwegian News Agency and 100% of online financial newspaper E24 Næringsliv.[3]
[edit] Sweden
In Sweden Schibsted owns Aftonbladet, the Nordic countries largest newspaper and Svenska Dagbladet. Schibsted owns the largest TV and film production company in the Nordic area, Metronome Film & Television and the distribution company Metronome. In addition Schibsted owns the leading classified service Blocket.se and the largest catalogue service; Hitta.se [1]. Schibsted also publishes a number of magazines.
[edit] Switzerland
Schibsted Classified Media AG is based in Zurich, Switzerland. It is responsible for the online platform Tutti.ch existing since February 2010 and holding 170 000 ads and 1 million user. The structure of the site is built like the successful model blocket.se where users can insert their ads distinguished between cantons. All services of Tutti.ch are free so the site remains an independent mediation platform.
[edit] Ireland
Schibsted Media Group took a 50.09% [4] stake in Irish classifieds website DoneDeal.ie in 2011.
[edit] Europe
Schibsted owns 20 Min Holding AG which participates in the publication of various editions of the free daily newspapers, such as 20 minutes in France and 20 minutos in Spain. The Swiss edition 20 Minuten is now part of Tamedia Group. The Russian free weekly Moy raion ("Мой район") is the latest addition. On March 1, 2011 it was announced that Schibsted has bought Latvian news website Tvnet.lv.[5]
[edit] History
In 1839 Christian Michael Schibsted founded the publishing company Schibsteds Forlag and in 1860 he started publishing Christiania Adresseblad, from 1885 known as Aftenposten. In 1966 Schibsted acquired VG.
In 1989, under the leadership of Tinius Nagell-Erichsen, Schibsted went from being a family-owned company to a corporation, and was listed on Oslo Stock Exchange in 1992. Kjell Aamot has been CEO since 1989. In the 1990s and 2000s Schibsted bought a number of international newspapers.
In 2006 Schibsted acquired Anuntis-Segundamano from Trader Classified Media.
[edit] Finn.no
On March 17, 2000, Schibsted launched its online service for classified advertisements in the Norwegian market, which came to be known as Finn.no (meaning "to search" or "to find" in Norwegian) Finn.no. Finn had first been launched in print in Schibsted's newspapers, to build awareness and credibility in the Norwegian market. The online launch of the service could not have come at a worse time - it was launched immediately after the dot.com-bubble burst.[6]
In spite of this, Finn.no had by 2005 grown to become Norway's largest and most comprehensive site for classified advertising, such as real estate and used vehicles. As of 2010, the site still retain this position.
[edit] Sesam search engine
Schibsted also developed and launched an internet search engine in the Norwegian and Swedish markets in 2005, known as Sesam. At a point in time, it was among the most trafficked sites in Norway, but as of 2009, the sites had been closed down in both markets.
[edit] Schibsted Journalism Award
The Schibsted Journalism Award has been received by:
- Kjetil Østli (2009) for his reporting on Ambulanse-saken, an incident that occurred when the team of an ambulance, answered a call.[7]
[edit] See also
[edit] External links
[edit] References
- ^ a b c d e "Annual Results 2010". Schibsted. http://hugin.info/131/R/1490353/425937.pdf. Retrieved 20 February 2011.
- ^ "About Schibsted". Schibsted. http://www.schibsted.com/en/About-Schibsted/. Retrieved 20 February 2011.
- ^ Norwegian Media Registry
- ^ http://www.schibsted.no/en/ir/Regulatory--and-pressreleases/Regulatory-and-Press-Releases-Archive1/2011/Press-release-Schibsted-acquires-majority-in-leading-Irish-online-classifieds-site/
- ^ Pārdots interneta portāls "Tvnet" kasjauns.lv (Latvian)
- ^ Anand, Hood. Case: Schibsted. April 16th, 2007. Harvard Business School
- ^ Aftenposten,October 03,2009,p.12
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