Sweden


MTG takes hit from write-downs and redundancy costs

Nordic digital media outfit MTG is to write-down SEK165 million (€39 million) of discontinued assets and will take a SEK190 million hit from additional write-downs and costs associated with a cost-cutting and redundancy programme initiated at the end of last year in its Q4 results. The SEK165 million relates to the sale of Zoomin to […]

No end in sight to TV4 dispute as Almqvist blames Com Hem streaming rights move

The dispute between Telia-owned Swedish free and pay TV broadcaster TV4 and Tele2-owned cable operator Com Hem is a very long way from being solved, according to TV4 CEO Casten Almqvist, who has blamed the cable operator’s insistence on including OTT TV rights as part of a deal for the breakdown. TV4 and pay TV […]

NENT in staff cutting plan, writes off free TV content

Free and pay TV provider Nordic Entertainment (NENT) has unveiled plans to make annual savings of SEK250 million (€24 million) from cutting back staff and enable continued investment in its Viaplay streaming offering. The group will also report a one-off charge of approximately SEK700 million for this quarter comprising redundancy costs and the write-down of free […]

Telia completes Bonnier Broadcasting acquisition

Swedish telco Telia has completed the acquisition of Bonnier Broadcasting, following the decision of European regulators to green-light the deal.  Completion of the acquisition comes almost a year and a half after Telia announced the acquisition of Bonnier Broadcasting, including leading commercial broadcaster TV4 in Sweden, MTV in Finland and pay TV outfit C More […]

Ampere Analysis: Nordic broadcasters turning to originals in battle with SVOD giants

Nordic broadcasters are increasingly focusing on local originals and collaborating with each other to produce them in their battle with international SVOD giants such as Netflix, according to a report by Ampere Analysis.  According to Ampere, only 3% of Netflix titles in Sweden are local, while only 1% of Amazon Prime titles are from the […]

Tele2 sees TV base decline

Nordic service provider Tele2 saw its Swedish digital TV base decline by 9,000 in the quarter to September, a similar slide to that reported for the same period last year. The company added 1,000 cable and fibre TV customers, but saw its digital-terrestrial base decline by 10,000. Tele2 added 11,000 fixed broadband and 34,000 mobile […]

TV4 and C More content chief slams Swedish inaction on production incentives

Bonnier Broadcasting, owner of Swedish commercial broadcaster TV4 and pay TV outfit C More, has slammed what it sees as the Swedish government’s failure to support local production. TV4 and C More content director Åsa Sjöberg criticised the failure of the government to provide any financial incentives for local production, making it one of the […]

Telia ‘offers concessions’ to secure green light for Bonnier acquisition

Telia is reportedly offering to give rival service providers access to its free-to-air and basic pay TV channels at fair and reasonable rates to secure EU approval for its acquisition of Bonnier Broadcasting. According to Reuters, citing an EU document it has seen, Telia has offered to give TV service providers in Sweden and Finland […]

Tele2 loses international chief as it focuses on home market

Tele2 international chief Guillaume van Gaver is to leave the company as the operator refocuses on the Swedish and Baltic markets following its withdrawal from activities further afield. Tele2 said that Van Gaver, VP of international markets, will leave the company on September 15. Following his departure, Petras Masiulis, CEO of Tele2 Baltics, will assume […]

Nordic Entertainment secures exclusive women’s football rights

Nordic Entertainment Group (NENT) has acquired the exclusive Nordic rights to top-division women’s football from England, Germany and France. Over 100 women’s football matches will be shown live on NENT Group’s Viaplay streaming service every year until 2022, with selected games broadcast on NENT Group’s free TV channels. NENT has also secured the Nordic rights […]

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