Nordic Entertainment Group

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Nordic Entertainment Group AB
legal form Aktiebolag
ISIN SE0012324226
founding 1st July 2018
Seat Stockholm , SwedenSwedenSweden 
management Anders Jensen ( CEO )
Gabriel Catrina ( CFO )
sales 15,671 million SEK
Branch Mass media
television
Website www.nentgroup.com
Status: 2019

The Nordic Entertainment Group AB ( NENT Group ) is a Swedish media and entertainment company headquartered in Stockholm .

The pan-Nordic company operates the video streaming services Viaplay and Viafree, advertising-financed TV and radio channels, the V-Pay TV channels and more than 30 production companies.

history

In March 2018, Stockholm-based entertainment company Modern Times Group (MTG) initiated a process of splitting into two companies by spinning off what was then Nordic Entertainment and MTG Studios and Splay Networks into a new company. This was initiated after Danish telecom operator TDC A / S , which had proposed buying these assets a month earlier, was itself acquired by Australian private equity investor Macquarie Group . Anders Jensen, Executive Vice President and CEO of MTG at Nordic Entertainment, has been named President and CEO of the NENT Group.

The NENT Group has been operating as an independent company since July 1, 2018. Nordic Entertainment Group shares have been traded on Nasdaq Nordic since March 28, 2019 .

The NENT Group participated in Erik Feig's Picturestart studio and gave a first glimpse into the Nordic rights to its content when Picturestart was launched in May 2019.

Business areas

Advertising-financed television (free TV)

The Nordic Entertainment Group operates advertising-financed channels in Scandinavia. Typically, the portfolio structure for these channels consists of a primary channel (TV3) and then secondary channels (TV6, TV3 +, etc.). These channels primarily generate advertising revenue and are classified as Free TV, but a large part of Scandinavian Free TV channels are encrypted and subject to decryption fees.

Channel

Channel type Sweden Norway Denmark
Primary channel
Secondary channel
  • TV6 (unencrypted)
More channels

Pay TV channels

TV services

The Nordic Entertainment Group operates the V-Pay TV channels (Viasat until June 2020).

The sports channels available in the various Scandinavian countries differ slightly depending on different rights for different markets and different business agreements.

The Nordic Entertainment Group operates Viaplay, a streaming service in the Nordic countries.

Viafree - a free streaming service in Denmark, Finland, Norway and Sweden.

Scandinavia

The following channels are available in all Scandinavian countries:

These channels are only available in Sweden:

These channels are only available in Norway:

These channels are available in Denmark:

These channels are available in Finland:

Radio

Viasat owns several radio networks and transmitters in Sweden and Norway:

  • I like radio, streaming service

NENT studios

Nent Studios comprises more than 30 production companies in 17 countries, including Strix Television, Paprika Studios, Paprika Latino, Novemberfilm, Redaktörerna, DRG, Monster, One Big Happy Family, Playroom, Rakett, Baluba, Nice Drama, Moskito, Production House, Grillifilms and Gong. It also includes Splay, the largest Swedish MCN ( Multi Channel Network ) on YouTube .

Allente

Allente was formed from the merger of Viasat Consumer and Canal Digital and is headquartered in Stockholm and Oslo . The Telenor Group and the NENT Group each own 50% of the company and will be equally represented on the board with a rotating chairman. Allente offers satellite and fiber optic television in Sweden, Norway, Denmark and Finland. The company also offers streaming services and broadband over the open fiber optic network.

Web links

Individual evidence

  1. ^ Stuart Thomson: Modern Times Group to split in two. In: digitaltveurope.com. March 23, 2018, accessed June 30, 2020 .
  2. a b c d e Robert Briel: Nordic Entertainment Group launches new brand. In: broadbandtvnews.com. June 11, 2018, accessed June 30, 2020 .
  3. Julian Clover: NENT Group shares debut on Nasdaq Stockholm. In: broadbandtvnews.com. March 28, 2019, accessed June 30, 2020 .
  4. Justin Kroll: Veteran Producer and Exec Erik Feig Launches Media Company Picturestart. In: variety.com. May 2, 2019, accessed June 30, 2020 .
  5. ^ Viasat + Canal Digital = Allente. In: viasat.se. April 6, 2020, accessed July 4, 2020 (Swedish).