Edda Media

Edda Media was a Norwegian media group focused on regional and local publishing. Its portfolio included a large collection of Norwegian newspapers, local television channels, radio-related activities, websites, and digital commercial services. The company represented the Norwegian domestic assets that remained after Orkla began withdrawing from the media industry and reorganized its former Orkla Media operations. The business traces its origins to 1983, when the Orkla Group entered the mass-media sector through Orkla Communications. During the 1980s and 1990s, the group expanded by acquiring smaller independent newspapers and local television interests across Norway. This consolidation made the Orkla media operation one of the three major forces in the Norwegian newspaper market, alongside Schibsted and A-Pressen. In 2005, Orkla announced its intention to leave the media sector. It first disposed of interests in major newspaper companies including Adresseavisen and Bergens Tidende. The remaining media assets were transferred to Mecom Media and divided among three holding structures: Edda Media for Norway, Berlingske Officin for Denmark, and Rzeczpospolita for Poland. Edda therefore became the vehicle for Mecom's Norwegian newspaper and local-media portfolio. Edda's holdings included titles such as Drammens Tidende, Fredriksstad Blad, Haugesunds Avis, Moss Avis, Romsdals Budstikke, Sandefjords Blad, Sunnmørsposten, Tønsbergs Blad, Varden, and Åndalsnes Avis, together with numerous smaller regional and community newspapers. It also held stakes in other Norwegian publishers, including Budstikka, Gudbrandsdølen Dagningen, Hamar Dagblad, Ringsaker Blad, Østlandets Blad, and Østlendingen. Its television interests included TV Buskerud and TV Vestfold. Digital publishing was organized under Edda Digital. This unit supported online editions of the group's newspapers, including dt.no, sb.no, tb.no, and ostlendingen.no, as well as commercial or specialist services such as tinde.no, toppfotballkort.no, and opoint.no. In 2006, the group's newspapers were reported to reach approximately 1.25 million daily readers, with print circulation of 257,128 and about 800,000 unique web users. The company had approximately 1,801 employees at that time. Edda Media was ultimately sold to Amedia in 2012. The transaction marked the end of Edda Media as an independent corporate vehicle, while many of its newspapers and local publishing activities continued within successor ownership structures.

Edda Media's roots lay in Orkla's entry into mass media in 1983. The Orkla Group established Orkla Communications, which later became known as Orkla Media, and used the business to build a substantial Norwegian publishing operation. Through the 1980s and 1990s, the group acquired numerous smaller independent newspapers and local television interests around the country. The acquisition strategy created a geographically broad portfolio of regional and community titles rather than a single national newspaper brand. As the Orkla media operation expanded, it became one of the three leading participants in Norway's newspaper market, together with Schibsted and A-Pressen. Its holdings covered both larger regional newspapers and smaller local publications. This structure gave the group reach across many Norwegian communities and allowed it to combine print publishing with local broadcasting and, later, internet services. A major change came in 2005, when Orkla announced that it intended to leave the media business. The company sold its shares in Adresseavisen and Bergens Tidende before transferring its remaining media interests to Mecom Media. The former Orkla Media portfolio was divided into three holding companies corresponding to national markets: Edda Media retained the Norwegian assets, Berlingske Officin held the Danish activities, and Rzeczpospolita represented the Polish interests. Edda thus became the Norwegian operating and ownership platform within the wider Mecom structure. The Edda portfolio included a substantial group of wholly owned or controlled newspapers. These included Drammens Tidende, Fjordenes Tidende, Fjuken, Fredriksstad Blad, Gjengangeren, Haugesunds Avis, Indre Østfold Avis, Kanalen, Kragerø Blad, Lierposten, Laagendalsposten, Nordstrands Blad, Moss Avis, Romsdals Budstikke, Røyken og Hurums Avis, Sande Avis, Sandefjords Blad, Sarpsborgavisa, Sunnmørsposten, Svelviksposten, Telen, Tønsbergs Blad, Ullern Avis Akersposten, Varden, Vikebladet Vestposten, Vigga, and Åndalsnes Avis. The company also owned Lokalavisene Oslo and held minority or majority stakes in several other publishers, including Budstikka, Gudbrandsdølen Dagningen, Hamar Dagblad, Ringsaker Blad, Østlandets Blad, and Østlendingen. Edda was not limited to print. Its television interests included TV Buskerud and TV Vestfold. Its digital activities were grouped under Edda Digital, which operated online editions associated with a number of newspapers, including dt.no, sb.no, tb.no, and ostlendingen.no. Edda Digital also included commercial and specialist services such as tinde.no, toppfotballkort.no, and opoint.no. These activities reflected the group's effort to extend local publishing into web distribution and related digital services. The scale of the operation was reported in 2006, when Edda's newspapers reached about 1.25 million daily readers, had a combined circulation of 257,128, and attracted approximately 800,000 unique web users. The company had about 1,801 employees and maintained its head office in Oslo. In 2012, Edda Media was sold to Amedia. The acquisition brought the Norwegian portfolio into new ownership and ended Edda Media's existence as a distinct corporate media group. Its publishing assets and local-media activities continued through successor organizations, but the Edda Media brand itself became a historical label for the Norwegian portfolio assembled first by Orkla and later operated within Mecom.

• 2012

  Acquisition by Amedia

  [1]Edda Mediaen.wikipedia.org

  Amedia purchased Edda Media, ending the company's independent corporate existence.

• 2006

  Reported scale of the newspaper portfolio

  [1]Edda Mediaen.wikipedia.org

  Edda's newspapers were reported to have 1.25 million daily readers, print circulation of 257,128, and 800,000 unique web users; the company had 1,801 employees.

• 2005

  Orkla begins its media-sector exit

  [1]Edda Mediaen.wikipedia.org

  Orkla announced its withdrawal from media and sold or reorganized its remaining publishing interests.

• 2005

  Edda Media established as the Norwegian holding

  [1]Edda Mediaen.wikipedia.org

  Mecom Media acquired the remaining Orkla media assets and placed the Norwegian activities in Edda Media.

• 1983

  Orkla enters the mass-media market

  [1]Edda Mediaen.wikipedia.org

  The Orkla Group entered mass media through Orkla Communications, the predecessor of Orkla Media and the original source of the Norwegian portfolio later organized as Edda Media.

A Norway-focused local and regional media group built around newspapers, community publishing, and associated television and digital services.

• Newspaper publishing

  Local and regional newspapers

  Edda Media's principal business was a broad portfolio of Norwegian newspapers serving regional cities, towns, districts, and local communities. The portfolio included major regional titles such as Drammens Tidende, Fredriksstad Blad, Haugesunds Avis, Romsdals Budstikke, Sandefjords Blad, Sunnmørsposten, Tønsbergs Blad, and Varden, alongside many smaller community newspapers.

• Digital publishing

  Edda Digital

  Edda Digital organized the group's internet activities. It supported online versions of newspapers such as Drammens Tidende, Sandefjords Blad, Tønsbergs Blad, and Østlendingen. The unit also included commercial and specialist websites, demonstrating an effort to extend the group's local-media model beyond print.

• Television broadcasting

  Local television channels

  The group owned local television interests including TV Buskerud and TV Vestfold. These channels complemented the newspaper portfolio by providing geographically focused broadcast services within the Norwegian regional-media market.

• Broadcasting

  Radio and related media interests

  Edda Media's described business scope included radio channels and related local-media activities, although the available reference material does not identify a complete list of radio brands or provide detailed operating information.

• 2012

  Sale of Edda Media to AmediaM&A

  Background

  Edda Media was operating as Mecom's Norwegian media business after the earlier restructuring of Orkla's portfolio.

  Action taken

  Amedia acquired Edda Media.

  Aftermath

  The transaction ended Edda Media's existence as an independent corporate media group, with its activities continuing under successor ownership.

  Source

• 2005

  Orkla withdraws from mediaStrategy

  Background

  Orkla had built a large media operation through Orkla Communications and Orkla Media, but announced a strategic decision to leave the media market.

  Action taken

  The group sold interests in Adresseavisen and Bergens Tidende and transferred its remaining media portfolio to Mecom Media.

  Aftermath

  The remaining Norwegian assets were organized as Edda Media, while Danish and Polish assets were placed in separate holding companies.

  Source

• 2005

  Creation of the Edda Media Norwegian portfolioM&A

  Background

  Mecom Media acquired the remaining media holdings being divested by Orkla.

  Action taken

  The Norwegian newspaper, broadcasting, and digital assets were grouped under Edda Media.

  Aftermath

  Edda became the Norwegian component of the former Orkla Media portfolio within the Mecom Group.

  Source

1. 1Edda Mediaen.wikipedia.org