Schibsted ASA | |
Traded As: | |
Location: | Oslo, Norway |
Owners: | Tinius Trust Government Pension Fund of Norway Foreign banks NWT Media AS Others[1] |
Industry: | Mass media |
Revenue: | NOK 14.623 billion (2021) |
Num Employees: | 5000+ |
Subsid: | Trader Media East |
Homepage: | www.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, Schibsted spun off the majority of their online marketplaces business area into a new company called . Brands such as eBay Kleinanzeigen, Leboncoin.fr and Shpock were included, and stakes in similar websites across Europe were also transferred.[3] As of December 2022 Schibsted continues to hold a 22.8% stake in the company.[4]
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 . In 1966 Schibsted also acquired (VG). These were Norway's two largest newspapers, with VG surpassing 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 its newspapers division, the company later shifted its focus from television to Internet classifieds/marketplaces, such as,,, and InfoJobs.[5]