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Nordic Schibsted to acquire commercial broadcaster MTV

  • Telia Company is selling its TV and media operations, including TV4 in Sweden and MTV in Finland, to Schibsted Media for SEK 6.55 billion .
  • The deal is expected to close in the third quarter of 2025, pending regulatory approvals.
  • Patrik Hofbauer, Telia's President and CEO, stated that this move allows Telia to focus on its core connectivity business while ensuring the editorial independence of the media operations.
  • CEO Siv Juvik Tveitnes of Schibsted Media views the acquisition of MTV as a significant step in expanding their media presence across the Nordics.
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www.dn.no broke the news in on Tuesday, February 25, 2025.
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