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Nordic Entertainment Group

From Wikipedia, the free encyclopedia

Nordic Entertainment Group AB
Publicly traded Aktiebolag NASDAQ: class A (NENT-A.ST) and class B (NENT-B.ST)
IndustryMedia
FoundedJuly 1, 2018; 2 years ago (2018-07-01)
HeadquartersSweden
Key people
  • Anders Jensen (CEO)
  • Gabriel Catrina (CFO)
Brands
  • Viaplay
  • Viafree
  • Viasat
  • TV3
  • TV6
  • TV8
  • TV10
Websitewww.nentgroup.com

Nordic Entertainment Group (NENT Group) is a pan-Nordic media and entertainment company headquartered in Stockholm.

The company operates the video streaming services Viaplay and Viafree, advertising-funded TV and radio channels, the V pay-TV channels, and more than 30 production companies.

History

In March 2018, the Stockholm-headquartered entertainment company Modern Times Group (MTG) initiated a process to split into two companies by spinning off its then Nordic Entertainment and MTG Studios business segments plus Splay Networks into a new company. This was initiated after Danish telecommunications operator TDC A/S, which had proposed to buy these assets a month earlier, was itself acquired by the Australian private equity investor Macquarie Group. Anders Jensen, MTG executive vice president and CEO of Nordic Entertainment, was named president and CEO of NENT Group.[1]

NENT Group began operating separately on July 1, 2018.[2]. On 28 March 2019, shares in Nordic Entertainment Group started trading on Nasdaq Stockholm exchange.[3]

NENT Group took a stake in Erik Feig's Picturestart studio along with first look Nordic rights to its content at Picturestart's May 2019 launch.[4]

Company structure

Advertising funded television (Free-TV)

Nordic Entertainment Group operates advertising funded channels in Scandinavia. Typically, the portfolio structure for these channels is one primary channel (TV3), and then secondary channels (TV6, TV3+ etc...) These channels generate primarily advertising revenues, and are classified as free-TV, but a majority of the Scandinavian free-TV channels are encrypted and subject to decoding fees.

Networks[2]

Channel type Sweden Norway Denmark
General TV3 Sweden TV3 Norway TV3 Denmark
General secondary TV6 Sweden (Free) V4 TV3+ Denmark
Supplementary TV8
TV10
TV6 Norway TV3 Puls
TV3 Max
TV3 Sport

Pay television

TV services

Nordic Entertainment Group operates the Viasat satellite platform[2] in the Scandinavia, offering both in-house and third party channels.

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

Nordic Entertainment Group operates Viaplay, a streaming service in the Nordic countries.[2] On 20 May 2020, it was announced that Viaplay will expand to Estonia, Latvia and Lithuania in Q1 2021.[5] On 24 June, Viaplay's Finnish service merged with rival Elisa Viihde Aitio, owned by Elisa, to form Elisa Viihde Viaplay.[6]

Viafree - a free streaming service in Denmark, Finland, Norway and Sweden[2]

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 Finland:

Radio

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

  • Rix FM, national network in Sweden
  • Star FM, national network in Sweden
  • Bandit Rock, station in Stockholm and Uppsala
  • Power Hit Radio, station in Stockholm
  • P4 Radio Hele Norge, national network in Norway (DAB+)
  • P5 Hits, national network in Norway (DAB+)
  • P6 Rock, national network in Norway (DAB+)
  • P7 Klem, national network in Norway (DAB+)
  • P8 Pop, national network in Norway (DAB+)
  • P9 Retro, national network in Norway (DAB+)
  • P10 Country, national network in Norway (DAB+)
  • P11 Bandit, national network in Norway (Internet)
  • NRJ Norway, national network in Norway (DAB+)
  • I Like Radio, streaming service[2]

NENT Studios

Nent Studios comprises more than 30 production companies in 17 countries, including: [7]

  • Nice Drama (Sweden)
  • Splay One (Denmark/Finland/Norway/Sweden)[8]
  • Brain Academy (Sweden)
  • Baluba (Sweden)
  • Strix Television (Sweden[9]/Norway [10]/Netherlands[11]/Belgium[11])
  • Rakett[10]
  • Novemberfilm[10]
  • One Big Happy Family (Norway)
  • Monster AS (Norway)
  • Strong Productions (Denmark)
  • Moskito Television (Finland)
  • Grillifilms (Finland)
  • Production House (Finland)
  • EPIQ (Denmark)[12]
  • Playroom (Norway)
  • Paprika Studios (Hungary/Czech Republic/Slovakia/Romania/Bulgaria/Slovenia/Estonia/Latvia/Lithuania)[13]
  • NENT Studios UK
  • NENT Studios Animation

On 29 January 2020, NENT Studios announced that they were looking to sell off their unscripted labels to focused on scripted productions.[14] However, the attempts were interrupted by the COVID-19 pandemic, before NENT Studios decided to resume them shortly after changing the name of their British division DRG to NENT Studios UK on 30 April of that year.[15]

References

  1. ^ Thomson, Stuart (23 March 2018). "Modern Times Group to split in two". Digital TV Europe. Retrieved 3 May 2019.
  2. ^ a b c d e f Briel, Robert (June 11, 2018). "Nordic Entertainment Group launches new brand". Broadband TV News. Retrieved May 3, 2019.
  3. ^ Clover, Julian (28 March 2019). "NENT Group shares debut on Nasdaq Stockholm". Broadband TV News. Retrieved 3 May 2019.
  4. ^ Kroll, Justin (2 May 2019). "Veteran Producer and Exec Erik Feig Launches Media Company Picturestart". Variety. Retrieved 3 May 2019.
  5. ^ Richard Middleton (20 May 2020). "Nordic Entertainment takes Viaplay to Baltics". Digital TV Europe. Retrieved 26 September 2020.
  6. ^ Richard Middleton (24 June 2020). "NENT's Viaplay to merge with Elisa Viihde in Finland". Digital TV Europe. Retrieved 26 September 2020.
  7. ^ https://www.nentgroup.com/brands/studios
  8. ^ https://www.splayone.com/
  9. ^ https://strix.se/
  10. ^ a b c http://bergehus.nentstudios.no/
  11. ^ a b https://www.strixtv.com/
  12. ^ https://www.mynewsdesk.com/se/nent-studios/pressreleases/nent-studios-makes-epiq-investment-2692711
  13. ^ http://www.paprikastudios.eu/
  14. ^ Richard Middleton (29 January 2020). "NENT Group to sell entire unscripted business, looks for partner to fuel scripted ambitions". TBI Vision. Retrieved 26 September 2020.
  15. ^ Manori Ravindran (30 April 2020). "Distributor DRG Rebrands as NENT Studios U.K. as NENT Group Restarts Unscripted Sale". Variety. Retrieved 26 September 2020.

External links

This page was last edited on 26 September 2020, at 14:43
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