|Traded as||OSE: SCH|
|Key people||Rolv Erik Ryssdal (CEO), Ole Jacob Sunde (Chairman)|
|Revenue||NOK 14.76 billion (2012)|
|Operating income||NOK 0.74 billion (2012)|
Schibsted is a Norwegian media conglomerate with operations in 27 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 related 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.).
|This section's factual accuracy may be compromised due to out-of-date information. (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.
In Sweden Schibsted owns Aftonbladet, one of the largest newspapers in the Nordic countries 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 classified advertising website Blocket.se and the directory search engine Hitta.se, as well as price comparison service Prisjakt. Schibsted also publishes a number of magazines.
Schibsted Classified Media AG is based in Zurich, Switzerland. It is responsible for the online platform Tutti.ch existing since February 2010 and holding 200 000 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.
Schibsted Classified Media Hungary Kft. is based in Budapest, Hungary. It has been operating the online classified marketplace Jofogas.hu (ingyenes apróhirdetés) since January 2010. Jofogas has more than 1.5 million fresh ads and close to 3 million monthly unique visitors (October 2013). The site is also built upon the successful model of blocket.se from Sweden where the focus is put on local trading between the users. Besides being a web platform, Jofogas also has a mobile site version, an iPhone and Android application, and it has been the first site in the country to launch a Jofogas Facebook application as well. In November 2012 Schibsted Classified Media has bought a 50% stake in Hungary's number 1 car sales site Hasznaltauto.hu, so now Schibsted's local portfolio consists of the two sites.
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.
Schibsted is the main shareholder of Grupo Anuntis-Segundamano (bought 76% of the company in 2006). Is the owner of some well known clasiffieds websites in Spain's Segundamano, InfoJobs, Coches.net or fotocasa.es.
In South-East Asia Schibsted owns 50% of 701 Search, a joint-venture with Singapore Press Holdings. This joint venture operates sites such as mudah.my in Malaysia, ayosdito.ph in Philippines, berniaga.com in Indonesia and chotot.vn in Vietnam.
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.
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.
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.
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.
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.
- Geir Ormseth (2009), journalist in Dine Penger, for his investigative journalism to uncover a large bank fraud. Thousands of ordinary savers were misled by banks to invest i financial instruments with hidden costs.
- "Annual Results 2012".
- "About Schibsted".
- Norwegian Media Registry
- Pārdots interneta portāls "Tvnet" kasjauns.lv (Latvian)
- Schibsted acquires selected activities of Trader Classified Media
- Anand, Hood. Case: Schibsted. April 16th, 2007. Harvard Business School
- Aftenposten,October 03,2009,p.12
- Aftenposten,Mai 08,2009