Schibsted ASA
TypeAllmennaksjeselskap
OSE: SCH
IndustryMass media
Founded1839; 183 years ago (1839)
HeadquartersOslo, Norway
Key people
Kristin Skogen Lund (CEO), Ole Jacob Sunde (Chairman)
RevenueNOK 16,9 billion (2017)
OwnersForeign banks
Government Pension Fund of Norway
NWT Media AS
Others[1]
Number of employees
8000
SubsidiariesTrader Media East
Websitewww.schibsted.com

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 worlds biggest online-marketplaces company Adevinta was spun off.

History

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 the newspapers, the company later shifted its focus from television to Internet market places, running Finn.no, Blocket.se [sv] and Tori.fi.[2]

References

  1. ^ Proff.no - as of April 2016
  2. ^ a b "Schibsted". Store norske leksikon (in Norwegian). Retrieved 25 November 2021.