×
You will be redirected back to your article in seconds

No. 37: Bonnier Group

Stockholm, Sweden

Revenue: $1.826 billion

Profit: $70 million

In a year when the stock market took its toll on most media companies the 198-year-old Bonnier Group, privately owned by the Bonnier family, racked up its highest net profit and its highest sales ever.

The group’s holdings encompass TV, film, video, Internet, radio, music and print assets in 20 territories. Bundled under the Bonnier Entertainment division, the group’s 82-year-old studio Svensk Filmindustri (SF), exhib SF Bio and its growing TV interests are its main electronic drivers, while Bonnier Net houses a raft of new Internet content producers.

SF continued fast-track distrib growth with a strategic alliance inked last year with 20th Century Fox, as well as a pact with Revolution Studios and the extension of its output deal with New Line Cinema. And sister company SF Bio plans to up screen counts in the Swedish cities of Gothenberg and Malmo.

On the TV side, Bonnier upped its stake to 33% in Alma Media, owner of Finland’s largest TV channel MTV3. It already holds the biggest stake in TV4 Sweden and owns Lithuanian channel LNK.

Bonnier Music acquired leading blues, jazz and ethnic distrib label Amigo last year.

Company managed to avoid huge losses suffered by most companies as a result of the dot-com demise, and strengthened its Internet content and e-commerce positions.

Soft advertising revs have CEO Bengt Braun predicting some tough times ahead but Bonnier does not intend to drop the ball on several important courts. Its focus is international expansion and “the great opportunities provided by the rapid expansion of new distribution channels for content focused media companies like Bonnier,” according to Braun.

More Biz

  • Davan Maharaj Mel Gibson

    L.A. Times Publisher's Lawyer Was Accused of Extorting Mel Gibson

    The attorney who negotiated a $2.5 million exit package for L.A. Times publisher Davan Maharaj was previously accused of using secret recordings to extort actor Mel Gibson. Surreptitious recordings also figure in the Maharaj case. NPR reported on Wednesday that Maharaj taped Tronc chairman Michael Ferro. According to the report, Ferro was heard on the [...]

  • 'Blurred Lines' Suit Ends With $5

    'Blurred Lines' Suit Ends With $5 Million Judgement Against Robin Thicke, Pharrell Williams

    After five years, the legal battle over the copyright of the Robin Thicke’s 2013 hit “Blurred Lines” has ended, with Marvin Gaye’s family being awarded a final judgment of nearly $5 million against the song’s primary writers, Robin Thicke and Pharrell Williams, according to CNN and other reports. The pair were accused of copyright infringement [...]

  • WME Veteran Ari Greenburg Promoted to

    WME Veteran Ari Greenburg Promoted to President of Talent Agency

    WME veteran Ari Greenburg, one of the original Endeavor staffers who helped build the talent agency that became an industry powerhouse, has been promoted to president. Greenburg will oversee all daily operations across WME and its offices in Beverly Hills, New York, Nashville, London and Sydney. The promotion recognizes the role that Greenburg has played [...]

  • Alison Wenham Steps Down as CEO

    Alison Wenham Steps Down as CEO of WIN

    After 12 years at the helm of the Worldwide Independent Network, a global trade organization for the independent music industry, Alison Wenham is stepping down as Chief Executive, it was announced today. Prior to joining WIN full time in 2016 Alison was CEO of The Association of Independent Music (AIM), which she started in 1999. [...]

  • Leslie Moonves

    Leslie Moonves Quietly Exits AFI and Paley Center Boards

    Leslie Moonves, the ousted CEO of CBS Corp. who has been accused of sexual misconduct by several women, is no longer serving on the boards of trustees of the American Film Institute and the Paley Center for Media. For now, Moonves retains his seat on the board of gaming company ZeniMax Media. The appointments on [...]

  • DOJ Indicts Five in Piracy Ring

    Department of Justice Indicts Five in International Piracy Ring

    Five men were indicted Wednesday on charges that they hacked into the servers of production companies, and stole hundreds of films and TV shows, including “50 Shades of Grey” and “The Walking Dead.” The men are based in four countries — the United Kingdom, the United Arab Emirates, Malaysia, and India. Only one has been [...]

More From Our Brands

Access exclusive content