Schibsted: Difference between revisions

Schibsted ASA
Company type	Allmennaksjeselskap
Traded as	OSE: SCHA; OSE: SCHB
Industry	Mass media
Founded	1839; 185 years ago
Headquarters	Oslo, Norway
Key people	Kristin Skogen Lund (CEO), Ole Jacob Sunde (Chairman)
Revenue	NOK 14.623 billion (2021)
Owners	Tinius Trust ; Government Pension Fund of Norway ; Foreign banks ; NWT Media AS ; Others
Number of employees	5000+
Subsidiaries	Trader Media East
Website	www.schibsted.com

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Schibsted Media Group is an international media group. The company has its headquarters in Oslo, Norway, and is listed on the Oslo Stock Exchange. The CEO is Kristin Skogen Lund.^[2]

In 2019, Schibsted spun off the majority of their online marketplaces business area into a new company called Adevinta [no]. Brands such as eBay Kleinanzeigen, Leboncoin.fr and Shpock were included, and stakes in similar websites across Europe were also transferred.^[3] As of December 2022 Schibsted continues to hold a 22.8% stake in the company.^[4]

History[edit]

In 1839 Christian Michael Schibsted founded the publishing company Chr. Schibsteds Forlag and in 1860 he started publishing the newspaper Christiania Adresseblad, from 1885 known as Aftenposten. In 1966 Schibsted also acquired Verdens Gang (VG). These were Norway's two largest newspapers, with VG surpassing Aftenposten in 1981. In 1989, under the leadership of Tinius Nagell-Erichsen, Schibsted went from being a family-owned company to a corporation, and was listed on the Oslo Stock Exchange in 1992. From 1992 to 2006 Schibsted owned part of TV 2, and in 2004 Schibsted bought part of TV 4 Sweden. While retaining its newspapers division, the company later shifted its focus from television to Internet classifieds/marketplaces, such as Finn.no [no], Blocket.se [sv],Tori.fi [fi],^[2] and InfoJobs.^[5]

References[edit]

^ Proff.no - as of April 2016
^ ^a ^b "Schibsted". Store norske leksikon (in Norwegian). Retrieved 25 November 2021.
^ "Schibsted will be divided into two companies". Adevinta. Retrieved 2022-12-18.
^ "Schibsted - Schibsted ASA (SCHA/SCHB) - Successfully completed sale of existing shares in Adevinta ASA". Schibsted. Retrieved 2022-12-18.
^ prnoticias, redacción (2009-10-19). "Schibsted adquiere el 100% de Infojobs". PR Noticias (in Spanish). Retrieved 2023-11-23.

External links[edit]

[1] Proff.no - as of April 2016

[snl-2] "Schibsted". Store norske leksikon (in Norwegian). Retrieved 25 November 2021.

[3] "Schibsted will be divided into two companies". Adevinta. Retrieved 2022-12-18.

[4] "Schibsted - Schibsted ASA (SCHA/SCHB) - Successfully completed sale of existing shares in Adevinta ASA". Schibsted. Retrieved 2022-12-18.

[5] rnoticias, redacción (2009-10-19). "Schibsted adquiere el 100% de Infojobs". PR Noticias (in Spanish). Retrieved 2023-11-23.

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@@ Line 1: / Line 1: @@
+{{Short description|International media group}}
 {{Infobox company
 | name = Schibsted ASA
-| logo = Schibsted.svg
+| logo =
 | logo_size = 115px
-| type = [[Allmennaksjeselskap]]
+| type = {{Lang|no|[[Allmennaksjeselskap]]}}
-| traded_as = {{ose|SCH}}
+| traded_as = {{ose|SCHA}}<br />{{ose|SCHB}}
 | foundation = {{start date and age|1839}}
 | location = [[Oslo]], [[Norway]]
-| owners = Foreign banks <br>[[Government Pension Fund of Norway]] <br>NWT Media AS <br>Others<ref>[http://www.proff.no/roller/schibsted-asa/oslo/-/Z0I3KMX5/ Proff.no - as of April 2016]</ref>
+| owners = [[Tinius Trust]] <br>[[Government Pension Fund of Norway]] <br /> Foreign banks <br />NWT Media AS <br />Others<ref>[http://www.proff.no/roller/schibsted-asa/oslo/-/Z0I3KMX5/ Proff.no - as of April 2016]</ref>
 | key_people = Kristin Skogen Lund <small>([[chief executive officer|CEO]])</small>, Ole Jacob Sunde <small>([[Chairman]])</small>
 | area_served =
 | industry = [[Mass media]]
 | products =
-| revenue =  [[Norwegian krone|NOK]] 16,9 billion <small>(2017)</small>
+| revenue =  [[Norwegian krone|NOK]] 14.623 billion <small>(2021)</small>
-| num_employees = 8000
+| num_employees = 5000+
 | parent =
-| subsid =
+| subsid = [[Trader Media East]]
 | homepage = [http://www.schibsted.com/ www.schibsted.com]
 }}
-'''Schibsted Media Group''' is an international media group with 8000 employees in 22 countries. Millions of people around the world interact with Schibsted’s popular digital services through its media houses, digital marketplaces and growth companies. The company has its [[headquarters]] in [[Oslo]], [[Norway]], and is listed on the [[Oslo Stock Exchange]].
+'''Schibsted Media Group''' is an international media group. The company has its [[headquarters]] in [[Oslo]], [[Norway]], and is listed on the [[Oslo Stock Exchange]]. The [[CEO]] is [[Kristin Skogen Lund]].<ref name=snl>{{cite encyclopedia|year=|title=Schibsted|encyclopedia=[[Store norske leksikon]]|editor=|publisher=|location=|url=http://www.snl.no/Schibsted|language=Norwegian|accessdate=25 November 2021}}</ref>
-[[Kristin Skogen Lund]] became [https://schibsted.com/news/new-ceo-skogen-lund-takes-the-helm-at-schibsted/ CEO of Schibsted on 1st December 2018].
-CFO is [[:no:Trond Berger|Trond Berger]].
+In 2019, Schibsted spun off the majority of their online marketplaces business area into a new company called {{ill|Adevinta|no}}. Brands such as [[eBay Kleinanzeigen]], [[Leboncoin|Leboncoin.fr]] and [[Shpock]] were included, and stakes in similar websites across Europe were also transferred.<ref>{{Cite web |title=Schibsted will be divided into two companies |url=https://www.adevinta.com/stories/articles/schibsted-will-be-divided-into-two-companies |access-date=2022-12-18 |website=Adevinta |language=en-US}}</ref> As of December 2022 Schibsted continues to hold a 22.8% stake in the company.<ref>{{Cite web |title=Schibsted - Schibsted ASA (SCHA/SCHB) - Successfully completed sale of existing shares in Adevinta ASA |url=https://schibsted.com/releases/schibsted-schibsted-asa-scha-schb-successfully-completed-sale-of-existing-shares-in-adevinta-asa/ |access-date=2022-12-18 |website=Schibsted |language=en-US}}</ref>
 ==History==
+In 1839 [[Christian Schibsted|Christian Michael Schibsted]] founded the publishing company ''Chr. Schibsteds Forlag'' and in 1860 he started publishing the newspaper ''Christiania Adresseblad'', from 1885 known as {{Lang|no|[[Aftenposten]]}}. In 1966 Schibsted also acquired {{Lang|no|[[Verdens Gang]]}} (''VG''). These were Norway's two largest newspapers, with ''VG'' surpassing {{Lang|no|Aftenposten}} in 1981. In 1989, under the leadership of [[Tinius Nagell-Erichsen]], Schibsted went from being a family-owned company to a corporation, and was listed on the Oslo Stock Exchange in 1992. From 1992 to 2006 Schibsted owned part of [[TV 2 (Norway)|TV 2]], and in 2004 Schibsted bought part of [[TV 4 (Sweden)|TV 4 Sweden]]. While retaining its newspapers division, the company later shifted its focus from television to Internet classifieds/marketplaces, such as {{ill|Finn.no|no}}, {{ill|Blocket.se|sv}},{{ill|Tori.fi|fi}},<ref name="snl" /> and [[InfoJobs]].<ref>{{Cite web |last=prnoticias |first=redacción |date=2009-10-19 |title=Schibsted adquiere el 100% de Infojobs |url=https://prnoticias.com/2009/10/19/schibsted-adquiere-el-100-de-infojobs/ |access-date=2023-11-23 |website=PR Noticias |language=es}}</ref>
-In 1839 [[Christian Schibsted|Christian Michael Schibsted]] founded the publishing company Schibsted Forlag and in 1860 he started publishing ''Christiania Adresseblad'', from 1885 known as ''[[Aftenposten]]''. In 1966 Schibsted acquired ''[[Verdens Gang|VG]]''.
-In 1989, under the leadership of [[Tinius Nagell-Erichsen]], Schibsted went from being a family-owned company to a corporation, and was listed on the Oslo Stock Exchange in 1992.
-==Today==
-In 2019, [https://www.reuters.com/article/schibsted-ipo/schibsted-to-spin-off-international-online-classifieds-in-ipo-idUSL8N1W42AU Schibsteds Marketplaces operations outside of the Nordics will be spun off and established as an independent, listed company.] Schibsted will continue to be a company of leading digital consumer brands with a footprint in the Nordics with three 3 business units - the Nordic Marketplaces, Publishing and Schibsted Next (Venture investments, Personal Finance, organic growth initiatives incl Distribution). Previously, Schibsted Media Group was organized into Media Houses, Marketplaces and Schibsted Growth.
-'''Media Houses'''
-Schibsted is the largest media group in Scandinavia.
-In Norway, the collaboration between the newspapers [[Aftenposten]], [[Bergens Tidende]], [[Stavanger Aftenblad]] and [[Fædrelandsvennen]] was formalized through the establishment of the media company Media Norge. In 2012, [[Verdens Gang|VG]] was added and the company changed its name to Schibsted Norge.<ref>{{Cite news|url=http://www.schibsted.com/no/Pressesenter/Nyheter/2012/Aftenposten-og-VG-flytter-sammen-i-Akersgata/|title=Aftenposten og VG flytter sammen i Akersgata - Schibsted.com|date=2012-08-22|work=Schibsted.com|access-date=2012-08-22|language=no}}</ref>
-Schibsted Sverige was established in Sweden in 2009. This collaboration comprises all the underlying businesses in ''[[Aftonbladet]]'' and ''[[Svenska Dagbladet]]''.
-'''Marketplaces'''
-Schibsted Media Group is one of the world’s leading online classified ads businesses. The company has said that they reach more than 200 million people worldwide.<ref>{{Cite news|url=http://www.schibsted.com/no/ir/Reports-and-presentations/Annual-Report-2016/This-is-Schibsted-Media-Group-2016-Annual-Report/|title=This is Schibsted Media Group - Schibsted.com|date=2017-08-01|work=Schibsted.com|access-date=2017-08-01|language=en}}</ref> It is #1 in General Classifieds in 18 countries,<ref>{{Cite news|url=http://hugin.info/131/R/2096898/793519.pdf|title=Annual Report, 2016 - Schibsted.com|date=2017-08-01|work=Schibsted.com|access-date=2017-08-01|language=en}}</ref> including France, Spain, Sweden and Brazil. It operates the following sites:
-[[:de:Willhaben|Willhaben]].at (Austria), [[:de:Shpock|Shpock.com]] (Austria), Kufar.by (Belarus), [[OLX|Olx.com.br]] (Brazil), [[:es:InfoJobs|Infojobs.com.br]] (Brazil), Yapo.cl (Chile), Fincaraiz.com.co (Colombia), LaGuiaClasificados.com.co (Colombia), Corotos.com.do (Dominican Republic), Tori.fi (Finland), [[:fr:Le Bon Coin|Leboncoin.fr]] (France), [[:de:Shpock|Shpock.de]] (Germany), HasznaltAuto.hu (Hungary), Jofogas.hu (Hungary), [[OLX|olx.com]] (Indonesia), Adverts.ie (Ireland), Daft.ie (Ireland), [[DoneDeal|DoneDeal.ie]] (Ireland), [[:es:InfoJobs|Infojobs.it]] (Italy), Shpock.com (Italy), Subito.it (Italy), [[Segundamano]].com.mx (Mexico), Avito (Morocco), [[Finn.no]] (Norway), Shpock.com (Norway), CustoJusto.pt (Portugal), Infojobs.pt (Portugal), Coches.net (Spain), [[:es:Fotocasa|Fotocasa.es]] (Spain), Habitaclia.es (Spain), Infojobs.net (Spain), Milanuncios.com (Spain), Motos.net (Spain), Segundamano.es (Spain), Vehiculosindustriales.net (Spain), [[:es:Vibbo|Vibbo.com]] (Spain), Tutti.ch (Switzerland), [[:sv:Blocket.se|Blocket.se]] (Sweden), Bytbil.com (Sweden), Shpock.com (Sweden), Kaidee.com (Thailand), Tayara.tn (Tunisia) and [[:de:Shpock|Shpock.co.uk]] (UK).
-'''Schibsted Growth''' In 2015, Schibsted Growth began investing in ambitious digital companies with scalable and innovative business models that create unique value for consumers or businesses.<ref>{{Cite news|url=http://www.nordicstartupbits.com/2015/12/16/norways-schibsted-starts-unicorn-laboratory/|title=Norway's Schibsted starts unicorn laboratory - Nordic Startup|date=2015-12-16|work=Nordic Startup|access-date=2015-12-16|language=en}}</ref>
-Schibsted Growth helps founders and teams to establish products or services, scale their business, maximize growth and ultimately become market leaders. The company works alongside entrepreneurs, provides cash funding and leverages the experience and resources within Schibsted Media Group.
-Schibsted Growth have invested in companies such as [[:sv:Blocket.se|Blocket]], [[:sv:Prisjakt|Prisjakt]], Let's Deal, Lendo, [[:no:Kickback|KickBack]], and many more.
 ==References==
@@ Line 56: / Line 32: @@
 ==External links==
 * [http://www.schibsted.com/ Official website]
+*[https://www.linkedin.com/company/schibsted-asa Linkedin]
-* [http://futurereport.schibsted.com/ Schibsted Future Report]
-* [https://secondhandeffect.schibsted.com/ The Schibsted Second Hand Effect]
-* [http://bytes.schibsted.com/ Schibsted Bytes - Insight from Product & Tech]
-* [https://www.thepowerofjournalism.com/ The Power of Journalism]
-* [http://hugin.info/131/R/2096898/793519.pdf Annual Report, 2016].
-* [http://www.schibsted.com/Global/AnnualReport/Annual%20Report%202016/Financial%20Statements%202016.pdf Financial Statements, 2016].
-* [http://hugin.info/131/R/2096898/793519.pdf#page=8 Board of Directors' Report, 2016].
 {{Schibsted}}
 {{OBXList}}
+{{Authority control}}
-[[Category:Media companies of Norway]]
+[[Category:Mass media companies of Norway]]
 [[Category:Holding companies of Norway]]
 [[Category:Companies based in Oslo]]
 [[Category:Companies listed on the Oslo Stock Exchange]]
 [[Category:Multinational companies headquartered in Norway]]
+[[Category:1839 establishments in Norway]]
 [[Category:Norwegian brands]]
 [[Category:Schibsted| ]]

v t e Schibsted
Newspapers	20 Minutes France 20 Minutos Spain Aftenposten Aftonbladet Svenska Dagbladet VG
Shared ownership newspapers	Adresseavisen Bergens Tidende Bladet Tromsø Fædrelandsvennen Harstad Tidende Stavanger Aftenblad
Online	E24.no E24.se Finn Hitta Sesam
Subsidiaries	Schibsted Forlagene Adevinta DoneDeal Leboncoin Marktplaats.nl Milanuncios Kijiji OLX (50%))
See also: Category:Schibsted