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 2019

Group Owners per 31.12. Media activities,
brand names
Turnover
Norway
(mill. NOK)
Turnover
total
(mill. NOK)
Norwegian
share (percent)
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 7 903 16 563 48
- TV 2 Gruppen Egmont Fonden (Denmark) TV: TV 2, TV 2 Zebra, TV 2 Nyhetskanalen, TV 2 Livsstil, TV 2 Sport, TV 2 Sumo, Vimond, RiksTV (33,3%). Online: TV2.no 5 011 5 011 100
Schibsted Blommenholm Industrier (Stiftelsen Tinius) (26%), Folketrygdfondet (8%), NWT Gruppen AB (4%) Newspapers: VG, Aftenposten, Bergens Tidende, Stavanger Aftenblad, local papers, Polaris Media (29%). Online classifieds: Finn.no (90%) 7 718 19 075 40
NRK The Norwegian state TV: NRK1, NRK2, NRK3/Super, NRK TV (web), RiksTV (50%). Radio: P1, P2, P3, mp3, NRK Alltid Nyheter, P1+ and others. Online: NRK.no 6 011 6 011 100
Amedia Amedia Foundation (100%) 73 local newspapers. Online: 3 local news sites, Nettavisen (100%) 3 442 3 740 92
Nordic Entertainment Group (NENT) (Sweden) Norges Bank (9%), Swedbank Robur Funds (7%), Nordea Funds (6%) TV: TV3, Viasat 4, TV6, Viasat, Viasat Play, Viafree, Strix, Monster, Novemberfilm. Radio: P4, P5, P6 and others. Online: Splay 3 041 14 583 21
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%) 2 025 2 025 100
Discovery Communications (USA) Advance/Newhouse Communications Corp. (24%), John Malone (Liberty Media) (21%) TV: TVNorge, Fem, Max, Vox, Discovery Channel, TLC, Eurosport Norge, Dplay, Eurosport Player 1 835 98 108 2
Aller (Denmark) Aller Foundation (>50%) Newspaper: Dagbladet. Magazines: Allers, KK, Se og Hør. Online: Dinside, SOL, Lommelegen, Topp 1 783 6 249 29
Polaris Media Schibsted (29%), NWT Gruppen AB (26%), Must Invest (15%), Arctic Funds PLC (5%) Newspapers: 29 regional and local newspapers (incl. Adresseavisen and Sunnmørsposten). Online classifieds: Finn.no (10%) 1 518 2 343 65
Cappelen Damm Egmont (Denmark) (50 %), Bonnier (Sweden) (50%) Book publishing: Cappelen Damm, Flamme, Fontini, NorskeSerier. Book stores: Tanum. Book distribution: Sentraldistribusjon. Online: Storytel (50%) 1 427 1 427 100
Notes:

In 2019 Schibsted sold the newspaper Fædrelandsvennen and three smaller local papers to Polaris Media, but the transaction was not finalized until January 2020.

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 shareholders. 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.

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.

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

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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