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overview
holdings
landmarks
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overview
The family-controlled Bonnier
group dates from the 1820s and is the largest media corporation
in Scandinavia.
Like competitors such as Sanoma
WSOY, Schibsted, Orkla
and Egmont it is expanding out
of saturated local markets into Western and Central Europe.
It publishes books, newspapers and magazines, produces
and distributes films, has significant financial data
services and has radio and television broadcast investments
(eg a 50% stake in Nordic Broadcasting Oy and a 49% stake
in SBS Radio AB).
As of 2000 Bonnier employed around 9,500 people. Revenue
was around SEK14bn, with around 40% of turnover in 2001
outside Sweden.
the group
The group centres on newspaper and book publishing.
Bonnier dominates the Swedish publishing landscape, to
the extent that there have been proposals for a Lex
Bonnier (similar to the ineffectual Lex Mammi
meant to restrict Berlusconi's
expansion). It currently has over a quarter of the total
newspaper circulation and a higher number of titles. Its
magazine interests have a higher market share.
It expanded into newspaper publishing in Norway, Denmark,
Latvia and Finland - generally through investments or
partnerships (notably a stake in Alma
Media, resulting from the 1997 merger of Aamulehti - Finland's
second largest newspaper publisher - and commercial television
group MTV). In Latvia, for example, it has around 44%
of newspaper circulation.
Bonnier is the largest book publisher in the Nordic countries
(imprints include Albert Bonnier in Sweden, Cappelens
in Norway) and has expanded further south through the
acquisition of specialist and general book publishers
in Germany, the Netherlands and France.
It acquired SF - the national film
production and distribution group in 1973, operates a
Scandinavian cinema chain. It had substantial interests
in Swedish commercial television and radio. Bonnier Radio
AB (14 stations) merged with SBS's
radio arm in 2003; Bonnier has a 49% stake in the resultant
SBS Radio AB.
Medialinnakkeet
notes that in 2001 the distribution of turnover (16.8
million SK) was as follows
Sweden
Denmark
Norway
Germany
Finland
Britain
Latvia
Spain
Lithuania
the Netherlands
France
other markets
|
10,190
1,747
1,509
1.374
748
357
235
139
117
80
65
278 |
In
2005 Bonnier and Proventus jointly acquired Alma
Media's broadcasting division (inc Finnish TV channel
MTV3, a majority holding in the Finnish radio station
Radio Nova and 23.4% of Swedish TV4 AB) for €463
million. The deal followed an unsolicited €705m
bid for Alma by Schibsted.
It was expected that Almanova, a newly established company,
would acquire the Bonnier (33%) and Proventus (8%) stake
in Alma Media for €340 million. The Alma broadcast
interests were transferred to Nordic Broadcasting Oy
(Bonnier's joint venture with Proventus), which acquired
Schibsted's 26.9% stake in TV4 AB in late 2006. Almanova
was floated on the Helsinki Stock Exchange as Alma Media
Corporation.
In 2007 Bonnier's World Publications unit in the US
paid an estimated US$300 million for Time
Warner's Parenting, Babytalk, Popular Science, Field
& Stream, Outdoor Life, Yachting, MotorBoating,
Salt Water Sportsman, Skiing, Ski, TransWorld Skateboarding,
TransWorld Snowboarding,TransWorld Motocross, TransWorld
Surf, ride bmx, Quad, Shot Business and TransWorld
business
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page (Bonnier holdings)
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