Sanoma

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Sanoma Oyj

logo
legal form Joint stock company (Finland)
ISIN FI0009007694
founding 1889 (as Päivälehti)
Seat Helsinki , FinlandFinlandFinland 
management Harri-Pekka Kaukonen (CEO)
Number of employees 7,583 ( FTE as of Dec 31, 2014)
sales 1.902 billion euros (2014)
Branch media
Website www.sanoma.com

Sanoma Oyj (from 1999 to 2008 SanomaWSOY ) is a Finnish media group with headquarters in Helsinki . The company's offerings include newspapers , magazines , television and radio stations, as well as internet offers in the Netherlands , Finland and Belgium . In the education sector, Sanoma is also represented with learning opportunities in Poland and Sweden .

Business areas

Since January 1, 2014, Sanoma has been divided into three business areas, which had the following shares in total sales of 1.902 billion euros in the 2014 financial year:

  • Sanoma Media Netherlands (34.3 percent) (sold to DPG Media on April 20, 2020)
  • Sanoma Media Finland (33.5 percent)
  • Sanoma Learning (15.4 percent)

The remaining 16.8 percent share of sales was generated by other activities that did not come from the core area.

The company holds the majority in the Finnish private television broadcaster Nelonen and is the owner of the Finnish daily newspaper Helsingin Sanomat . The Russian publisher Independent Media Sanoma Magazines, a subsidiary of Sanoma Media, is one of the shareholders of the newspaper Vedomosti .

history

On November 16, 1889, the first edition of the newspaper Päivälehti (German daily paper ) appeared. When the newspaper was banned by Russian censors in early July 1904, the editors led by Eero Erkko founded the successor newspaper Helsingin Sanomat (German: Helsinkier Nachrichten), which appeared for the first time on July 7, 1904. On December 14, 1904, the company Sanoma was entered in the commercial register. In 1949, the evening edition of Helsingin Sanomat, which had been published since 1932, became the independent newspaper Ilta-Sanomat (German evening news). From 1951, Sanoma published the Aku Ankka comic series with stories by Donald Duck under license from Disney .

In 1981, Sanoma bought the cable television provider Helsinki Televisio (HTV). In 1983, Sanoma consolidated the publication of magazines, books and comics in its subsidiary Sanomaprint , which then became the Helsinki Media Company on January 1, 1994 together with the television division . On June 1, 1997, the television channel Nelonen started broadcasting . On November 18, 1997, the first issue of the weekday business newspaper Taloussanomat (German business news ) appeared. At the beginning of 1999 Helsinki Televisio started marketing Internet connections via its cable network under the name HTVi .

Company logo from 1999 to 2008

On May 1, 1999, Sanoma merged with WSOY (Werner Söderström Osakeyhtiö) and Helsinki Media Company to form SanomaWSOY . The new company became the majority shareholder in Rautakirja after WSOY had previously held 31.7 percent and Sanoma 23.0 percent of the shares. The four companies involved will remain within SanomaWSOY as largely independent business areas. At the end of 1999 Helsinki Media published 48 magazine titles in Finland and Sweden, acted as a provider of cable TV, pay TV and Internet connections via HTV and achieved a national market share of 10 percent with Nelonen. Both Sanoma with its newspaper business and WSOY with the publishing and printing of books achieved sales returns of 11.1 percent each in 1999. The company, founded on September 10, 1910 as Rautatiekirjakauppa (German railway bookstore) and later shortened to Rautakirja (German iron book), operated a total of 918 kiosks of the R-kioski chain and the distribution of press products in Finland and Estonia in 1999 . It also owned the Finnkino cinema chain and the Suomalaisen Kirjakauppa bookstore chain, and also operated restaurants , including the 19 Finnish branches of Pizza Hut .

On October 1, 2000, a fifth division, SWelcom, was established, in which all activities of Helsinki Media from the areas of television and internet were transferred, so that only the magazine titles remained there. In December 2000 HTV started the Internet portal Welho with offers for customers of broadband Internet access .

On October 1, 2001, SanomaWSOY bought the Consumer Information Group (CIG) with a portfolio of 250 magazine titles from the Dutch publishing house VNU for 1.25 billion euros , making it the fifth largest magazine publisher in Europe. SanomaWSOY was the market leader in Finland, the Netherlands, Belgium, Hungary and the Czech Republic and also had market shares in Croatia, Romania, Slovakia and Sweden. The Helsinki Media Company's own 50 or so magazine titles were combined with those of the CIG to form Sanoma Magazines .

After SanomaWSOY had previously been the majority shareholder with 57 percent, the remaining shares in Rautakirja were acquired on March 1, 2003 .

In 2007 the group employed almost 19,587 people.

Company logo from 2008 to 2013

On October 1, 2008, SanomaWSOY was renamed Sanoma and restructured into five business areas: magazines (Sanoma Magazines), news (Sanoma News), books (Sanoma Learning & Literature), entertainment (Sanoma Entertainment) and retail (Sanoma Trade) .

In April 2011, Sanoma sold the WSOY publishing house to the Swedish media group Bonnier and, in return, acquired their shares in two school book publishers . Tammi Oppimateriaalit was combined with its own WSOYpro to form Sanoma Pro and the Swedish Bonnier Utbildning was renamed Sanoma Utbildning .

In Germany, Sanoma was represented by Esmerk GmbH ( Würzburg ), a subsidiary of Esmerk Oy, which was sold to M-Brain Oy in June 2012.

In December 2019, Sanoma acquired the Norwegian company itslearning with the learning platform of the same name .

Web links

Individual evidence

  1. History of Sanoma (English) ( Memento of the original from April 13, 2009 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.sanoma.com
  2. a b c Full-Year Result 2014 ( Memento of the original from March 17, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Sanoma, February 5, 2015 @1@ 2Template: Webachiv / IABot / www.sanoma.com
  3. Sanoma Redesign - planning the largest transformation in the company's history ( Memento of the original from March 4, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Sanoma Stock Exchange Release, October 31, 2013 @1@ 2Template: Webachiv / IABot / sanoma.com
  4. ^ Sanoma completes the divestment of Sanoma Media Netherlands Helsinki Stock Exchange: SAA1V. In: globenewswire.com. Retrieved May 13, 2020 .
  5. a b c Historia ( Memento of December 30, 2008 in the Internet Archive ), Sanoma
  6. a b Annual review 1999 ( Memento of the original from March 4, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Sanoma-WSOY Oyj Annual Report 1999 @1@ 2Template: Webachiv / IABot / www.sanoma.com
  7. Sanoma-WSOY Oyj started operations, Rautakirja becomes a subsidiary ( Memento of the original from March 7, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , SanomaWSOY, May 3, 1999 @1@ 2Template: Webachiv / IABot / sanoma.com
  8. Annual report for 2000 ( Memento of the original from March 4, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , SanomaWSOY Annual Report 2000 @1@ 2Template: Webachiv / IABot / www.sanoma.com
  9. SanomaWSOY Corporation , company-histories.com
  10. SanomaWSOY completes its acquisition of VNU's consumer magazines ( Memento of the original from March 11, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , SanomaWSOY, October 1, 2001 @1@ 2Template: Webachiv / IABot / sanoma.com
  11. Rautakirja to merge into SanomaWSOY ( Memento of the original from March 13, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Sanoma press release, June 19, 2002 @1@ 2Template: Webachiv / IABot / sanoma.com
  12. Sanoma Brand Combines the Ten-Year Old Group ( Memento of the original from March 7, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Sanoma press release, October 1, 2008 @1@ 2Template: Webachiv / IABot / sanoma.com
  13. Sanoma acquires learning business in Finland and Sweden and divests its general literature operations ( memento of the original from March 7, 2016 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. , Sanoma press release, April 29, 2011 @1@ 2Template: Webachiv / IABot / sanoma.com
  14. Our history ( Memento of the original from September 29, 2017 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Sanoma @1@ 2Template: Webachiv / IABot / www.sanoma.com
  15. Sanoma divests its business information services operations Esmerk ( Memento of the original from July 4, 2017 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Sanoma press release, June 13, 2012 @1@ 2Template: Webachiv / IABot / www.sanoma.com
  16. itslearning - our story . itslearning. 2020. Accessed July 22, 2020.