Nordic Entertainment


Nordic Entertainment writes down value of studio assets

Nordic streamer and free and pay TV broadcaster Nordic Entertainment (NENT Group) is to write down the value of its studio operations, now in the process of being sold, to the tune of SEK900 million. NENT Group’s Q4 2020 results will include a non-cash impairment charge that it says reflects the impact of the COVID-19 […]

Nordic Entertainment makes new appointments as it gears up for expansion

Nordic streaming operator and pay and free TV broadcaster Nordic Entertainment Group (NENT Group) has appointed Roberta Alenius, SVP and head of corporate communications, and My Perrone, SVP, group general counsel and company secretary, to its group executive management team. Both appointments are effective immediately and the pair will report to Anders Jensen, NENT group […]

Berenberg bullish on Viaplay launch plans for Baltic and Poland

Nordic Entertainment Group’s (NENT Group) prospects for success in the Baltic states and Poland have received a thumbs up from analysts at Berenberg. According to the analysts, NENT’s prospects for its forthcoming streaming launch in the Baltics, where it plans to roll out its Viaplay service in Q1 2021, are good. They cited the success […]

NENT Group ‘stands apart’ among broadcasters taking on streaming giants

Nordic Entertainment Group (NENT Group) stands on its own as an example of a broadcaster successfully making the transition to online media and competing with SVOD giants thanks to its strong content assets and – in particular – its “high-quality sports right portfolio”, according to analysts at Berenberg. Berenberg is highly positive about the prospects […]

NENT ad sales and subscription revenues drop despite rise in Viaplay numbers

Free TV and subscription streaming provider Nordic Entertainment Group (NENT Group) saw like-for-like sales drop by 13% in Q2 as a result of the COVID-19 pandemic, with both advertising and subscription revenue falling, despite a strong uptick in Viaplay streaming subscribers. The group reported sales of SEK2.624 billion, down 13%. Streaming service Viaplay saw its […]

Nordic Entertainment takes Viaplay to Baltics

Nordic Entertainment Group (NENT Group) is rolling out its Viaplay streamer into the Baltics and is planning to stock the service with local commissions from the region. The SVOD will be launched in Estonia, Latvia and Lithuania in the first quarter of 2021, offering viewers originals, films and series, kids’ content and live sports. The […]

Viasat Consumer and Canal Digital combine as Allente

The merger of Viasat Consumer, Nordic Entertainment’s (NENT Group) satellite pay TV and streaming business, with Canal Digital, Telenor Group’s satellite pay TV operation, into a new joint venture company has been completed, with the combined company given the name Allente. Completion of the agreement follows the approval of the EC at the end of […]

Nordic Entertainment and Telenor get green light for pay TV merger

Viaplay owner NENT Group and fellow Nordic operator Telenor Group have been given the greenlight by the European Commission to combine their Viasat Consumer and Canal Digital pay-TV operations. The merger, first unveiled last year, will create a new joint venture company that is made up of NENT’s satellite/broadband TV operations and Canal Digital, Telenor’s satellite […]

Nordic Entertainment proposes ex-TDC chief to board

Ahead of its planned AGM on May 19, streaming, free and pay TV outfit Nordic Entertainment’s (NENT) nomination committee has proposed that Pernille Erenbjerg, former CEO of Danish telco TDC, becomes a new director of the board. The nomination committee has also proposed the re-election of David Chance as chairman. Erenbjerg was previously president and […]

Nordic Entertainment extends Danish Champions League rights

Nordic streaming, free and pay TV provider Nordic Entertainment Group (NENT Group) has extended its grip on exclusive Danish rights to UEFA Champions League football until the end of the 2023-24 season. NENT Group has also acquired the exclusive rights to the UEFA Europa League and the new Europa Conference League in Sweden, Norway and […]

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