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overview

holdings

landmarks

section heading icon     landmarks

This chronology is indicative only, dealing with Kinnevik, Modern Times Group and Metro.

It covers -

Context is provided by the broader communications and media timeline on this site.

subsection heading icon     beginnings

1936 Robert von Horn, Wilhelm Klingspor and Hugo Stenbeck form Aktiebolaget Kinnevik with stakes in Mellersta Sveriges Lantbruks AB, AB Lidköpings Konfektyr Industri and Korsnäs Sågverks AB

1937 Kinnevik buys chocolate manufacturer Nordiska Suchard and iron foundry Halmstads Järnverk

1954 lists as Investment AB Kinnevik

1984 electronics group Techvik AB

1985 Kinnevik becomes Industriförvaltnings AB Kinnevik

1985 launches satellite system for TV distribution

subsection heading icon     moves into media

1986 founds Tele2

1987 launches local cable-tv networks are launched

1987 Kinnevik begins publishing magazines, including Z monthly

1987 TV3 launched in Sweden as Scandinavia's first commercial tv channel

1988 TV3 broadcasting extended to Denmark and Norway

1988 Strix launches independent tv production

1989 launch of pay-tv channel TV1000 and TV-Shop

1990 acquisition of majority shareholding in Svensk Text (SDI Media)

1991 TV4 granted license as Sweden's third terrestrial tv station

1991 Kinnevik acquires 30% shareholding in TV4

1991 launch of Viasat DTH satellite pay-tv platform

1993 P4 Radio Hele Norge receives national commercial radio broadcasting license in Norway

1993 first commercial radio licenses obtained in Sweden

1993 TV3 commences Teletext broadcasting

1993 terrestrial tv channels launched in Estonia and Lithuania

1994 TV4 becomes largest channel in Sweden

1994 launch of TV6 launched

1994 Kinnevik restructured around Korsnäs Holding AB (packaging and packaging materials), Modern Times Group MTG AB (TV and media), NetCom Systems AB (telecommunications) and Investment AB Kinnevik (other operations)

subsection heading icon     Metro

1995 MTG incorporated as Kinnevik subsidiary

1995 launch of Metro in Stockholm

1995 MTG gains minority holding acquired in Finanstidningen daily business newspaper

1996 Satellite tv distribution platform switched from Astra to NSAB

1996 RIX FM radio network formed through mergers

1996 ZTV and TV6 merged to form 3+ in Denmark

1996 MTG Publishing AB created as holding company for Metro free newspaper operations outside Nordic countries

1997 Shares in MTG distributed to Kinnevik shareholders and listed on Stockholm Börsinformation and Nasdaq in New York

1997 launch of Metro edition in Prague

1998 TV3 acquires TV channel in Latvia

1998 acquires three Estonian radio stations (covering Tallinn, Tartu and Pärnu)

1998 commercial radio operations launched in Latvia

1998 MTG buys majority stake in subtitling and dubbing company Media Watchers Group (founded in 1991, operating in Hong Kong, Japan, Thailand and Taiwan)

1998 increases stake in Swedish financial daily FinansTidningen

1998 Metro launched in Gothenburg and Budapest

1999 Metro launched in Malmö, Helsinki and the Netherlands

1999 monthly magazine Kapital launched in Sweden

1999 MTG acquires Swedish business channel TV8

1999 acquires 20% stake in Swedish news agency Nyhetsbyrån FLT

1999 Metro International S.A. incorporated in Luxembourg as a holding company for all Metro operations

2000 Annual General Meeting approves distribution of Metro International S.A. share capital to MTG shareholders

subsection heading icon     expansion into eastern Europe

2000 Metro editions launched in Chile, Philadelphia, Toronto, Rome, Milan, Poland, Athens

2000 Metro launched in Zurich

2000 Viasat3 begins broadcasting in Hungary

2000 PIN24 launches on Sky TV's platform in UK

2001 TV3 awarded national terrestrial broadcasting license in Latvia

2001 Digital home-shopping channel PIN24 launched in Denmark

2001 MTG acquires 75% of Russian national commercial TV channel

2001 Viasat launches four new digital pay-TV channels in Nordic region

2001 Metro editions launched in Montreal, Barcelona, Boston, Madrid, Copenhagen

2002 MTG acquires 37% of StoryFirst Communications, Inc. and of Lugna Favoriter and WOW 105.5 Swedish radio stations

2002 launch of PIN24 in Germany, Austria and Switzerland

2002 launch of Tango TV in Lithuania

2002 closure of Zurich Metro

2002 merger of daily financial paper Finanstidningen and newly acquired weekly Vision as Finans Vision

2002 closure of monthly current affairs magazine Moderna Tider and Kapital business magazine

2002 Metro editions launched in Paris, Marseille, Lyon, Hong Kong, Aarhus, Seoul

2003 Metro editions launched in Zaragoza, Seville, La Coruña, Pusan

2003 MTG sells ECL logistics subsidiary to Tradimus AB

2003 launch of Pay-TV-channels TV 1000 and Viasat Explorer in Eastern and Central Europe

2003 closure of Finans Vision

2004 MTG sells SDI Media to private equity group Warburg Pincus for US$60m

2004 MetroXpress (national edition) launched in Denmark

2004 Metro editions launched in Toulouse, Valencia, Alicante, Bordeaux, New York, Lisbon and Lille

2005 Metro sells 49% stake in daily Metro Boston to New York Times for US$16.5m

2005 Metro editions launched in Rennes, Nantes, Strasbourg

2005 Metro, Torstar and CanWest launch Metro in Vancouver and Ottawa

2007 closure of Metropol (Poland)

2007 Metro edition in Sao Paulo, Brazil

2007 Metro and Torstar buy CanWest stake in Metro Ottawa and Vancouver

2008 Metro International sells 35% stake in its free Swedish newspaper to Schibsted for £30m, with Schibsted's Aftonbladet closing its Punkt SE
free newspaper

2008 sells 24.5% of Metro Denmark to Jyllands Posten/Politiken, publisher of free daily 24timer

2008 Publimetro Chile buys 35% of SUBTV, Chilean commuter tv ad service





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