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Viaplay Group

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Nordic Entertainment Group AB
Company typePublicly traded Aktiebolag NASDAQ: class A (NENT-A.ST) and class B (NENT-B.ST)
IndustryMedia
FoundedJuly 1, 2018; 6 years ago (2018-07-01)
HeadquartersSweden
Key people
Brands
  • Viaplay
  • Viafree
  • Viasat
  • TV3
  • TV6
  • TV8
  • TV10
Websitewww.nentgroup.com

Nordic Entertainment Group (NENT Group) is a pan-Nordic media and entertainment company headquartered in Stockholm.

The company operates the video streaming services Viaplay and Viafree, advertising-funded TV and radio channels, the pay-TV and broadband operator Viasat, and more than 30 production companies.

History

In March 2018, the Stockholm-headquarted entertainment company Modern Times Group (MTG) initiated a process to split into two companies by spinning off its then Nordic Entertainment and MTG Studios business segments plus Splay Networks into a new company. This was initiated after Danish telecommunications operator TDC A/S, which had proposed to buy these assets a month earlier, was itself acquired by the Australian private equity investor Macquarie Group. Anders Jensen, MTG executive vice president and CEO of Nordic Entertainment, was named president and CEO of NENT Group.[1]

NENT Group began operating separately on July 1, 2018.[2]. On 28 March 2019, shares in Nordic Entertainment Group started trading on Nasdaq Stockholm exchange.[3]

NENT Group took a stake in Erik Feig's Picturestart studio along with first look Nordic rights to its content at Picturestart's May 2019 launch.[4]

Company structure

Advertising funded television (Free-TV)

Nordic Entertainment Group operates advertising funded channels in Scandinavia . Typically, the portfolio structure for these channels is one primary channel (TV3), and then secondary channels (TV6, TV3+ etc...) These channels generate primarily advertising revenues, and are classified as free-TV, but a majority of the Scandinavian free-TV channels are encrypted and subject to decoding fees.

Networks[2]

Channel type Sweden Norway Denmark
General TV3 Sweden TV3 Norway TV3 Denmark
General secondary TV6 Sweden (Free) Viasat 4 TV3+ Denmark
Supplementary TV8
TV10 		TV6 Norway TV3 Puls
TV3 Max
TV3 Sport

Pay television

TV services

Nordic Entertainment Group operates the Viasat satellite platform[2] in the Scandinavia, offering both in-house and third party channels.

The sports channels available in the different Scandinavian countries differ somewhat depending on different rights held for different markets and different business agreements.

Nordic Entertainment Group also operates Viaplay, a streaming service in the Nordic countries.[2]

Viafree - streaming service in Denmark, Finland, Norway, Sweden[2]

Scandinavia

The following channels are available in all Scandinavian countries:

These channels are only available in Sweden:

These channels are only available in Norway:

These channels are available in Finland:

Radio

Viasat owns several radio networks and stations in Sweden and Norway:

  • I Like Radio, streaming service[2]

NENT Studios

Nent Studios comprises 28 production companies in 16 countries, including Strix Television, Paprika Latino, Novemberfilm, Redaktörerna, DRG, Monster, One Big Happy Family, Playroom, Rakett, Titan, Baluba, Nice Drama, Moskito, Production House, Grillifilms and Gong. It also includes Splay, the largest Swedish MCN ('Multi Channel Network') on YouTube.

  • A stake in DRG was purchased 2013 and the founder's remaining stake in 2019.
    • Atrium TV - formed in 2017, Atrium is a scripted drama commissioning club for regional streaming services and telecom operators: Viaplay (Nordics), BT (UK), Orange (France), Movistar+ (Spain), Deutsche Telecom (Germany), iflix (Asia/MENA), Sky (New Zealand), Antenna (Greece), Yes TV (Israel), Newfilm (Russia), Big Flix (India), and Showmax (Poland and South Africa)[5]
    • Double Yellow Television - founded by Mark Wells and Glen Middleham to produce factual, factual entertainment and entertainment programming. DRG invested in the company in February 2018 and was to co-locate at DRG's Central London offices.[6]
  • Norway
    • Monster (Norway)
    • One Big Happy Family (Norway)
    • Playroom (Norway)
    • Rakett
  • Sweden
    • Titan
    • Baluba
    • Nice Drama
  • Finland
    • Moskito
    • Production House
    • Grillifilms
  • Denmark
  • Central Eastern Europe
    • Paprika Studios (Hungary, Romania, Slovenia, Czech, Slovakia, Estonia, Latvia, Lithuania)

References

  1. ^ Thomson, Stuart (23 March 2018). "Modern Times Group to split in two". Digital TV Europe. Retrieved 3 May 2019.
  2. ^ a b c d e f Briel, Robert (June 11, 2018). "Nordic Entertainment Group launches new brand". Broadband TV News. Retrieved May 3, 2019.
  3. ^ Clover, Julian (28 March 2019). "NENT Group shares debut on Nasdaq Stockholm". Broadband TV News. Retrieved 3 May 2019.
  4. ^ Kroll, Justin (2 May 2019). "Veteran Producer and Exec Erik Feig Launches Media Company Picturestart". Variety. Retrieved 3 May 2019.
  5. ^ Cite error: The named reference tbi was invoked but never defined (see the help page).
  6. ^ Whittock, Jesse (14 February 2018). "DRG buys into ex-ITV Studios execs' new prodco". TBI Vision. Retrieved 3 May 2019.
  7. ^ Clarke, Stewart (23 September 2013). "MTG buys Nice Entertainment Group for €84.4m". TBI Vision. Retrieved 3 May 2019.
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