Largest media groups in Norway
Below you will find a list of the largest media groups in Norway, ranked according to annual turnover (operating revenue) in the Norwegian market. Data are based on the companies' annual accounts and web sites, and on information obtained directly from the companies' management. Turnover figures are based on group accounts: transactions between subsidiary companies in the same group has been eliminated and revenue in subsidiaries is included with a 100 per cent. Until 2014 turnover in joint ventures was distributed between the owners, but due to new international accounting standards, revenue from joint ventures is excluded 2014 onwards. The effect of this change varies between media groups, depending on the scale of co-ownership.

When turnover for Norway is not available, data are estimated based on information directly from the companies. Turnover in foreign currencies has been converted to NOK according to average exchange rates the relevant year. When ownership shares are not given, companies are wholly owned.
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Largest media groups in Norway 2018

Group Owners per 31.12. Media activities,
brand names
Turnover
Norway
(mill. NOK)
Turnover
total
(mill. NOK)
Norwegian
share (percent)
Schibsted Blommenholm Industrier (Tinius Foundation) (26%), Folketrygdfondet (6%), NWT Media AS (4%) Newspapers: VG, Aftenposten, Bergens Tidende, Stavanger Aftenblad, local papers, Polaris Media (29%), online classifieds (Finn.no 90%) 7 471 18 059 41
Egmont Fonden (Denmark) Self-owned foundation TV channels: TV 2 Group. Books & magazines: Cappelen Damm 50%, Egmont Publishing. Film production/distribution/cinemas: Nordisk Film . Online: Klikk.no, Blogg.no, Side2.no 7 266 15 377 47
- TV 2 Gruppen Egmont Fonden (Denmark) TV: TV 2, TV 2 Zebra, TV 2 Humor, TV 2 Nyhetskanalen, TV 2 Livsstil, TV 2 Sportskanalen, TV 2 Sumo, RiksTV (33,3%). Online: TV2.no 4 486 4 486 100
NRK The Norwegian state TV: NRK1, NRK2, NRK3/Super, NRK TV (web), RiksTV (33,3%). Radio: P1, P2, P3, mp3, NRK Alltid Nyheter, P1+. Online: NRK.no 5 986 5 986 100
Amedia Amedia Foundation (100%) 63 local newspapers. Online: Nettavisen (100%) 3 277 3 568 92
Modern Times Group, MTG (Sweden) Nordea Funds (9,4%), Capital Group (8%), Swedbank Robur Funds (7,9%) TV: TV3, Viasat 4, TV6, Viasat, Viasat Play, Viafree, Strix, Monster, Novemberfilm. Radio: P4, P5, P6 and others. Online: Splay 2 855 18 477 15
Discovery Communications (USA) Advance/Newhouse Communications Corp. (24%), John Malone (Liberty Media) (21%) TV: TVNorge, Fem, Max, Vox, Discovery Channel, TLC, Eurosport Norge, Dplay 2 171 85 836 3
Gyldendal Erik Must AS (86%), Fr Falck Frås (4%) Book publishing: Gyldendal Norsk Forlag, Tiden, Kolon, Kunnskapsforlaget, Lydbokforlaget/Fabel (50%) Book shops: Ark Bokhandel. Book distribution: Forlagssentralen 50%. Book clubs: De norske Bokklubbene (49%) 1 965 1 965 100
Aller (Denmark) Aller Foundation (>50%) Newspaper: Dagbladet. Magazines: Allers, KK, Se og Hør. Online: Dinside, SOL, Lommelegen. 1 778 5 810 31
Polaris Media Schibsted (29%), Nye Wermlands-Tidningens AB (26%), Must Invest (15%), Sparebank 1 SMN (11%) Newspapers: 29 regional and local newspapers (incl. Adresseavisen and Sunnmørsposten). Online classifieds: Finn.no (10%) 1 525 1 525 100
Cappelen Damm Egmont (Denmark) (50 %), Bonnier (Sweden) (50%) Book publishing: Cappelen Damm, Bazar, Flamme, NorskeSerier. Book stores: Tanum. Book distribution: Sentraldistribusjon. Online: Storytel (50%) 1 519 1 519 100
Notes:

Until 2018 the Stenbeck family controlled Modern Times Group (MTG) through the company Kinnevik. In August 2018 the company's shares in MTG was distributed among Kinnevik's shareholders. As a result the Stenbeck family's ownership was reduced to a small percentage. In 2019 MTG was split in two. The spin-off Nordic Entertainment Group (NENT) comprises MTG's TV and radio activities. NENT's shares were distributed among MTG's owners.

The Aller Group's accounting period starts October 1 and ends September 30 the following year. Until 2016/2017 Aller's turnover in Norway is based on the annual report of Aller Holding in Denmark, recalculated from Danish kroner. From 2016/2017 the Norwegian turnover is based on information received directly from Aller Media Norway, in Norwegian kroner.

From January 2018 the online newspaper Nettavisen is wholly owned by Amedia.

Television distributors Telenor and Get are no longer included in the table because accounts for Telenor are no longer available.

Where the owners' share of voting power differ from the share of capital, voting power is used.

Amedia's operations outside of Norway consist of printing presses in Russia.

Egmont Fonden is both a self-owning, charitable foundation and a business-operating company. Information about turnover in Norway is provided by Egmont's management.

Important:
When using data from this database please refer to medianorway as well as the original source of the statistics.

Medienorge may have more detailed data than presented here. Please contact us by phone or e-mail.

Sources
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