• Subscribe
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Columns
    • Chris Dziadul
    • Julian Clover
    • Robert Briel
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Telia buys Bonnier Broadcasting

July 20, 2018 09.12 Europe/London By Julian Clover

Telia has purchased the company behind Sweden’s TV4, C More and the Finnish MTV.

The telco has purchased Bonnier AB for SEK 9.2 billion (€886.9m) creating a company that combines mobile and fixed networks with one of the most successful commercial media houses in the Nordic region.

“This is a very important day for Telia Company. The acquisition is a natural next step to complete Telia Company’s core business, where our millions of customers give us a very good position in the market. Together with TV4, we will offer customers and viewers completely new experiences and create new business opportunities,” said Johan He Lind, President and CEO of Telia Company. “We have great respect for our new role as media owners and will protect the business editorial independence ahead. I look forward to welcoming some of Scandinavia’s most skilled TV people to us.”

It’s the second major media transaction made by Telia this week. On Tuesday it acquired Get and TDC Norway for a combined enterprise value of NOK21 billion (€2.2 billion) on a cash and debt free basis.

The deal creates Telia Company, a new business area, where both Telia’s existing TV operations and the activities of Bonnier Broadcasting will be included.

Bonnier Broadcasting’s current CEO Casten Almqvist become president of the business area.

The transaction is subject to regulatory clearance.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Filed Under: Editor's Choice, Finance, Newsline, Top Story Tagged With: Bonnier, Telia Company, TV4 Edited: 21 July 2018 06:11

About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com.

Latest News

  • IBC 2022 reveals headline speakers
  • Sunrise deploys Media Distillery AI
  • Tivùsat adds 13 Mediaset channels
  • Competition investigation forces Disney+ to drop Yes exclusivity
  • Is there a market for an Elvis channel? Uh huh!

Watch Video

EKT backing RDK – ANGA COM Roundup Video

Jill Mulder, VP Marketing, EKT discusses how viewing habits and the role of the operator is changing and why EKT now backing RDK, with Broadband TV News editor Julian Clover. … [Watch Now ...]

Xperi on using AI to identify your audience – ANGA COM Roundup Video

Patrick Byrden, Xperi's VP of Business Development & Strategy, tells Julian Clover how the company is using AI to detect who is watching the TV, and providing them with more relevant content. … [Watch Now ...]

Free Ebook

eBook: Overcoming the Top 5 Challenges in Server-side IP Ad insertion

IP video is a game-changer for advertising. However, unlike traditional television, IP video is more dynamic, with new devices, formats, content and services to consider. … [Download the eBook...]

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Broadband TV News

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Connect with Us

 

Copyright © 2022 Broadband TV News LLP · Log in

 

Loading Comments...