Amedia

Amedia AS is the second largest media company in Norway (the largest is Schibsted and the third largest is Polaris Media). The company is whole or partial owner of 50 local and regional newspaper with online newspapers and printing presses, and its own news agency, Avisenes Nyhetsbyrå. The corporation also owns and operates a group of printing plants under the brand name Prime Print in Russia.

Amedia AS
TypePrivate
IndustryMedia
Founded1948
HeadquartersOslo, Norway
Area served
Norway and Russia
Key people
Are Stokstad (CEO)
Revenue3,570,000,000 Norwegian krone (2018) 
Number of employees
2,635 (2007)
ParentAmediastiftelsen
Websitewww.amedia.no

History

Amedia AS was established on 27 May 1948 as Norsk Arbeiderpresse (lit: Norwegian Labour Press). It was an association of social democratic newspapers.[1] It was renamed A-pressen in 1994, a name which it retained until 2012.

The company was originally created to finance Norwegian labour newspapers owned by the labour unions and Labour Party. In 1990 the company was refinanced and transferred to a corporation, with the Norwegian Confederation of Trade Unions and the Labour Party as the largest owners. When A-pressen bought part of TV2, the Labour Party chose to sell their stake in the company, and instead the MøllerGruppen, the Finnish company Sanoma and Telenor bought part of the company and it was listed on the Oslo Stock Exchange. In the end Sanoma sold their stake, the company was delisted and was then owned by the Norwegian Confederation of Trade Unions (45,2%), Telenor (44,8%) and the Fritt Ord Foundation (10,1%).[2]

The company sold its 50% stake in TV2 in January 2012.

Amedia bought competitor Edda Media from Mecom Group in 2012.

Amedia was bought by Sparebankstiftelsen DnB in 2016 and the company is now owned by Amediastiftelsen (The Amedia Foundation).

CEOs

Chairmen of the board

Newspapers

References
  1. Sigurd Allern (2007). "From Party Press to Independent Observers?". Nordicom Review (Jubilee Issue): 63–79. Retrieved 12 December 2014.
  2. "A-pressen AS". Medietilsynet (in Norwegian). Archived from the original on 12 December 2006. Retrieved 28 January 2007.
  3. "Konrad Nordahl" (in Norwegian). Storting.
  4. Henriksen, Petter, ed. (2007). "Tor Aspengren". Store norske leksikon (in Norwegian). Oslo: Kunnskapsforlaget. Retrieved 27 May 2010.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.