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, web sites, and on information obtained directly from the companies' management. Turnover figures are based on group accounts: revenue between subsidiary companies in the same group has been eliminated; revenue in subsidiaries is included with 100 per cent. Until 2014 turnover in joint ventures was divided between the owners. Due to changes in 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 2015

Group Owners per 31.12. Media activities,
brand names
(mill. NOK)
(mill. NOK)
share (percent)
Schibsted Blommenholm Industrier (Stiftelsen Tinius) (26%), Folketrygdfondet (5%), Nya Wermlands-Tidningens AB (4%) Newspapers (incl. VG, Aftenposten, Bergens Tidende, Stavanger Aftenblad), online classifieds ( 90%) 7 113 15 117 47
Egmont Fonden (Denmark) Self-owned foundation TV channels (TV 2 Gruppen), books & magazines (Cappelen Damm 50%, Egmont Publishing), film production/distribution (Nordisk Film), cinemas (Oslo Kino), news site (Nettavisen 50%) 6 715 14 088 48
- TV 2 Gruppen Egmont Fonden (Denmark) TV channels (incl. TV 2, TV 2 Zebra, TV 2 Bliss, TV 2 Nyhetskanalen, TV 2 Filmkanalen, TV 2 Sportskanalen), web-TV (TV 2 Sumo), TV distribution (RiksTV 33%) 3 895 3 895 100
(Telenor Broadcast)
Norwegian state (54%), Folketrygdfondet (5%), Lazard Asset Management (2%) TV and radio distribution via cable, satellite and DTT (incl. Canal Digital, Norkring, RiksTV 33%), newspapers (Amedia 44%), web portal (ABC Startsiden) 6 096 9 137 67
NRK The Norwegian state TV channels (incl. NRK1, NRK2, NRK3), web-TV (NRK TV), radio channels (incl. P1, P2, P3, P1+), TV distribution (RiksTV 33%) 5 593 5 593 100
Amedia LO and affiliated labour unions (45%), Telenor (44%), Amedia AS (8%), Fritt Ord (3%) 62 local newspapers, 3 free newspapers, online news (incl. Nettavisen 50%), online directory (Digitale Medier 1881) 3 846 4 151 93
Modern Times Group, MTG (Sweden) The Stenbeck family (Sweden) (controlled through direct og indirect ownership) TV channels (TV3, Viasat 4, TV6, pay-TV), web-TV (Viaplay), TV distribution (Viasat), TV production (Strix Televisjon, Monster), radio channels (P4, P5, P6) 2 831 15 522 18
Get TDC (Denmark) TV distribution via cable (Get) and fibre (Homebase), broadband and telephony 2 778 2 778 100
Gyldendal Erik Must AS (85%), Fr Falck Frås (4%) Book publishing (Gyldendal Norsk Forlag, Tiden, Kolon, Bestselgerforlaget), book shops (Ark Bokhandel), book distribution (Forlagssentralen 50%), book clubs (De norske Bokklubbene 49%) 1 813 1 813 100
Aller (Denmark) Allerfonden (>50%) Newspaper (Dagbladet), magasines (incl. Allers, KK, Se og Hør, Henne), websites (Dinside, SOL, Lommelegen) 1 741 5 518 32
Discovery Communications (USA) Advance Publications (25%), John Malone (Liberty Media) (21%) TV channels (TVNorge, Fem, Max, Vox, Discovery, TLC, Eurosport Norway) 1 618 51 625 3

Telenor sold its holdings in Amedia in February 2016

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

Discovery Communications' turnover in Norway 2014 is estimated by medianorway and includes radio activities in SBS Radio Norway. In 2015 the radio company was sold to the British company Bauer Media which is owned by the German Bauer Media Group.

Turnover data 2014 onwards are no longer comparable to previous years, due to changes in the international accounting standard IFRS. From 2014 revenue in joint ventures cannot be included in total group turnover. The effect of this cange varies between companies, depending on the scale of co-ownership.

Telenor's turnover in the media sector is estimated by medianorway. Total turnover of the whole Telenor Group is more than ten times the media turnover.

A-media'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.

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.