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22-534: Kinnevik distributed the MTG shares to its shareholders in 2018 and in 2019 MTG distributed shares in the newly founded Nordic Entertainment Group (now Viaplay Group) to its shareholders following the strategic transformation into a global digital entertainment company. Since July 2015, MTG's digital presence was expanded through a number of acquisitions. In 2015 MTG bought 74% of the shares in Turtle Entertainment ,

44-541: A 20 percent shareholding. The free newspaper Metro International was launched in 1995 and the concept later spread rapidly throughout the world. Tele2 was founded in 1993 and listed on the Stockholm stock exchange in 1996. In 1995, MTG was incorporated as a subsidiary of Kinnevik, having previously been a business area (Kinnevik TV & Media). MTG was spun-off to shareholders in 1997 and listed in Stockholm and New York. Jan Hugo Stenbeck died on 19 August 2002 and

66-663: A combination of self-service racks and by-hand distributors on weekdays. Saturday editions are published in Stockholm , Santiago , São Paulo , and Lima . The distribution points are located in high-density population areas. Metro International launched several editions in Canada in 2000, leading to the creation of several commuter newspaper competitors, such as Sun Media 's 24 Hours . The local name of Metro newspaper editions sometimes vary due to trademark issues. Peruvian , Chilean , and Mexican editions are called Publimetro , and

88-488: A joint venture of Concentra and Rossel , publishes the free daily newspaper Metro . In California, United States, Metro Silicon Valley is a free weekly newspaper founded in 1985. Neither of these newspapers have links to Metro International. In Hong Kong, Metro International sold Metro Daily in 2013 to a local businessman. There are national editions in the Czech Republic , Greece , Hungary, Italy , Finland,

110-541: A larger share of its portfolio towards its "younger, disruptive and technology-enabled" growth and venture capital businesses. In 2023, Kinnevik exited its remaining shareholding in Teladoc. Per 31 March 2023, Kinnevik's Net Asset Value amounted to SEK 55.5 billion. The largest holdings are (value corresponds to Kinnevik's ownership in SEK billions): Per 5 May 2023, by votes. Metro International Metro International

132-955: A leading German games developing company InnoGames and U.S. based games publishing company Kongregate . Since the start of its investment operations, MTG has made further share acquisitions in the before-mentioned companies. Below is a timeline of MTG milestones since 1987. MTG sells its 15.1 percent interest in TV4 AB in January 2005. In March, CTC Media launches the Domashny television network in Russia. In July 2005, Modern Entertainment Ltd., its film rights unit in Los Angeles, agreed to sell 332 films to Lionsgate Films and shut down its operations to focus on European operations. Kinnevik AB Kinnevik AB ( Swedish pronunciation: [ˈɕɪ̂nːɛˌviːk] )

154-451: A top-tier esports tournament operator, owning brands such as Electronic Sports League (ESL). MTG then acquired 51% of the shares in Zoomin.TV , Europe's largest MCN and the 5th largest network on YouTube. Later the same year MTG made the acquisition of 100% of DreamHack , one of the biggest esports tournament organisers in the world. In 2016 and 2017 MTG continued its journey by acquiring 35% of

176-588: Is Tele2 . Kinnevik was founded as an investment company in 1936 by Robert von Horn, Wilhelm Klingspor and Hugo Stenbeck . The most important holdings when the company started were Mellersta Sveriges Lantbruks AB, Lidköpings Konfektyr Industri AB and Korsnäs Sågverks AB. The company grew quickly through share purchases and acquisitions of companies that included chocolate manufacturers Nordiska Suchard and Halmstads Järnverk. The company's aggressive acquisition strategy of Swedish industrial companies continued during Kinnevik's first decades. The ownership structure of

198-574: Is a Swedish investment company that was founded in 1936 by the Stenbeck , Klingspor and von Horn families. Kinnevik is an active and long-term owner investing primarily in digital consumer businesses. Current CEO, Georgi Ganev, was appointed in 2018. Kinnevik holds stakes in over 35 companies and invests across Europe and in the US. Kinnevik has four focus sectors: healthcare (value-based and virtual care), software, marketplaces and climate tech. The largest holding

220-592: Is a Swedish media company based in Luxembourg that publishes the freesheet newspaper Metro . The company was founded by Per Andersson, and started as a subsidiary of the Modern Times Group along with Viasat Broadcasting . It is now controlled through the Mats Qviberg-owned-investment company Custos . The first edition of the newspaper was published as Metro Stockholm and distributed in

242-670: The Dublin Metro Herald newspaper (launched 10 October 2005), which they both own a third of, along with The Irish Times . The Dublin Metro newspaper uses the Associated Metro logo and format, however. It is reported that Metro International has plans to launch a rival-free evening newspaper in London. There are also other examples of newspapers named Metro that are not part of Metro International Group. In Belgium, Mass Transit Media,

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264-599: The Netherlands (online only), Russia , and Sweden ( Metro ). City editions of Metro are published in many major cities. Belgium has a bilingual free newspaper with the same name , but it is not owned by Metro International. Likewise, Metro in the United Kingdom is not part of the network. In France, the Metronews has been acquired and merged by the media company LCI - itself property of TF1. Nicaragua : Metro

286-495: The Stockholm metro . As of 2012 , all European editions (except for the Hungarian one) have been sold. As of October 2009 , there were 56 daily editions in 15 languages and in 19 countries across Europe, North and South America, and Asia, for an audience of more than 17 million daily readers and 37 million weekly readers. Metro newspaper editions are distributed in high-traffic commuter zones or in public transport networks via

308-678: The Frankfurt Stock Exchange in 2014. In October 2015, Avito was sold to the South African media conglomerate Naspers. In 2017, Kinnevik sold its remaining shareholding in Rocket Internet. Georgi Ganev was appointed CEO of Kinnevik in January 2018. James Anderson was appointed Chairman of Kinnevik at the Annual General Meeting 2021. In 2018 Kinnevik expressed its support for the merger between Tele2 and Com Hem, later

330-553: The Spanish edition is called Metro Directo . Not all newspapers named Metro are part of the Metro International Group. Associated Newspapers publishes another freesheet called Metro in twelve areas around Britain . This UK Metro is not related to Metro International, which used the name Morning News for its (now defunct) free sheet distributed there. However, Metro International and Associated Metro collaborated on

352-538: The company. Hugo Stenbeck Jr died in 1976 and his younger brother, Jan Hugo Stenbeck , joined Kinnevik's management team. Hugo Stenbeck Sr died in 1977. The shareholding in Sandvik AB increased steadily during the late 1970s, while Kinnevik increased its position in Fagersta AB. A major holding in the insurance company Atlantica was acquired in 1978. Several auto companies were acquired in 1980 and were gathered under

374-524: The investment company changed as Hugo Stenbeck gradually increased his holdings. Kinnevik became a listed company and obtained additional capital in a new share issue in 1954. The first shares in Sandvikens Järnverk were purchased a few years after entering the stock market. Hugo Stenbeck replaced Wilhelm Klingspor as chairman of Kinnevik in the early 1960s. Shortly thereafter, Hugo Stenbeck's oldest son, Hugo Stenbeck Jr, became managing director of

396-409: The name Svenska Motor AB. This included the import and sales of Toyota vehicles. In the early 1980s, Comvik AB launched a new mobile telephony system and, after a number of legal battles with state-owned Televerket, gained a favourable ruling by The Supreme Administrative Court. In 1985, a satellite system for television distribution was completed and during the late 1980s the battle intensified with

418-563: The same year Kinnevik also distributed its shares in MTG to its shareholders. In 2018 Kinnevik also increased its investment in Livongo and invested in Kolonial.no, Karma, BudBee, Pleo , Deposit Solutions, Cedar and Monese . In 2019 Kinnevik distributed its remaining shareholding in Millicom to its shareholders. In 2021 Kinnevik distributed its Zalando shareholding to shareholders to balance

440-652: The shareholdings in which ownership in Millicom increased and forestry shares decreased. At this time, the foundation was laid for investments in a number of internet businesses, particularly e-commerce companies. This profile was strengthened after 2010 with major investments in Rocket Internet , Zalando , Avito and Global Fashion Group , among others. In 2013, Kinnevik sold all its remaining shares in BillerudKorsnäs. Zalando and Rocket Internet, two Kinnevik-backed companies, made their Initial Public Offerings (IPOs) on

462-428: The state-owned monopolies in telecommunications, television and radio. TV3 sent its premier broadcast from London on New Year's Eve 1987. Comvik obtained authorisation to start a new mobile telephony network in 1989. Millicom International Cellular was formed the following year. The first Kinnevik-run radio broadcasts began in 1991. During the same year, Kinnevik became the largest owner in newly established TV4 with

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484-404: Was replaced by Edvard von Horn as chairman. Pehr G. Gyllenhammar became chairman in 2004 and was replaced three years later by Cristina Stenbeck . In March 2016, Cristina Stenbeck announced her intention to step down as Chairman of Kinnevik and was replaced at the 2016 AGM by Tom Boardman. Cristina Stenbeck remains a board director of Kinnevik. Between 2005 and 2010, there was a major shift in

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