Sanoma Corporation ( Finnish : Sanoma Oyj , Swedish : Sanoma Abp , formerly SanomaWSOY ) is Finland 's largest media group and a European education publisher. The company has media business in Finland and an education business in twelve European countries, including Belgium , Netherlands , Poland , Sweden , Norway , Italy and Spain . Sanoma Corporation is headquartered in Helsinki . At the end of 2023, Sanoma net sales totalled €1.393 billion and the company had approximately 5,000 employees.
22-606: The story of Sanoma began in 1889 with the establishment of the newspaper Päivälehti in Finland. SanomaWSOY was formed in 1999 with the merger of Sanoma Corporation, WSOY ( Werner Söderström Osakeyhtiö; Werner Söderström Corporation ) and Helsinki Media Company. The group reverted to the name Sanoma Corporation in October 2008. Sanoma operates in twelve European countries. Sanoma shares are listed on Nasdaq Helsinki . The company consists of two divisions: In October 2020, Sanoma acquired
44-513: A deal with the Bonnier Corporation in May 2013, where they sold Dirt Rider, Motorcyclist, Sport Rider, Motorcycle Cruiser, Hot Bike, Baggers, Super Streetbike, Street Chopper and ATV Rider, whereas they bought Sound + Vision and the suite of TransWorld brands. On August 19, 2013, GrindMedia announced that production of Skateboarder will cease on October 15, 2013. The Skateboarder announcement
66-1006: A dozen crossword magazines, and the tablet magazine C Mode . Other subsidiaries include the film production companies SF Studios and Sonet Film ; daily newspapers Dagens Nyheter , Expressen , Sydsvenskan and Helsingborgs Dagblad ; business daily Dagens Industri ; and medical journal Dagens Medicin . In Denmark, operations include magazine publisher Bonnier Publications, which has subsidiaries in Norway, Finland and Sweden; business daily Dagbladet Børsen ; film distributors SF Film and film producers SF Film Production. Finnish operations include book publishers Tammi and WSOY ; plus magazines from Bonnier Publications and film productions by FS Film. In Germany, Bonnier Media Deutschland includes Ullstein Buchverlage , Piper Verlag , Thienemann Verlag and Carlsen Verlag , among others. In Malta , Bonnier owned Evoke Gaming Ltd. This
88-739: A group that had net income of around US$ 20 million and revenue of around $ 230 million. "We think we did a good deal, and we think Time did as well," said Jonas Bonnier , head of the Bonnier Magazine Group. Bonnier already had a small footprint in the US through a 50 percent stake in Winter Park, Florida -based World Publications, which owned the titles Islands and Spa , Saveur , Water Skiing , and Caribbean Travel & Life . Source Interlink Motor Trend Group, LLC , formerly known as Source Interlink Media and TEN: The Enthusiast Network ,
110-459: A range of action sport magazines focused on motorcycling, as well as a number of niche travel and lifestyle titles. Book publisher Weldon Owen was also part of the company. In 2013, Bonnier signed a deal with Source Interlink where they bought motorcycle franchises Dirt Rider , Motorcyclist , Sport Rider , Motorcycle Cruiser , Hot Bike , Baggers , Super Streetbike , Street Chopper and ATV Rider , whereas they sold Sound & Vision and
132-621: Is 158 million. In 2013, the company signed a deal with the Bonnier Corporation , where they sold Dirt Rider , Motorcyclist , Sport Rider , Motorcycle Cruiser , Hot Bike , Baggers , Super Streetbike , Street Chopper , and ATV Rider , and they bought Sound + Vision and the TransWorld franchise. In 2015, NBC Sports shuttered its action sports division, and sold the Dew Tour to TEN. On August 17 of that same year, TEN launched its subscription video on demand service Motor Trend OnDemand, which
154-584: Is a media company that specializes in enthusiast brands, such as Motor Trend , Hot Rod , and Roadkill . Headquartered in El Segundo, California , it is a subsidiary of the TNT Sports division of Warner Bros. Discovery (WBD). The company's network of brands includes more than 60 publications, 100 websites, Motor Trend's Video on Demand channel, branded and licensed products, live events and competitions, as well as TV and radio programs. TEN's total audience
176-779: Is also behind several digital startups, including the tablet publishing platform Mag+ and children's toy app producer, Toca Boca (sold in 2016 to Spin Master ). In 2017, the Bonnier Motorcycle Group bought the AMA EnduroCross Championship , an off-road motorcycling series. The group also promotes the Quail Motorcycle Gathering, HighPipe, Track Day Shootout, Adventure Rally Series and Hot Bike Tour. Also in 2017, Bonnier sold Nordic Cinema Group to AMC Theatres . On 20 July 2018, Telia Company announced
198-515: Is controlled by around 75 family members, including some seventh-generation heirs. Some well-known relatives and descendants of the Bonnier family include: In January 2007, the Bonnier Magazine Group agreed to acquire 18 magazines that Time Inc. was divesting. The estimated price was US$ 225 million in cash and the assumption of about US$ 42 million in unfulfilled subscription liabilities (subscriptions already paid but not yet delivered.) The magazines in
220-452: Is to create a larger, multi-platform presence for the company's brands, with a particular emphasis on direct-to-consumer streaming products. On April 10, 2018, it was announced that the company had been renamed Motor Trend Group effective immediately, and that Velocity would be rebranded under the Motor Trend name later in the year. In 2017, TEN sold the AMA EnduroCross Championship to
242-537: The Bonnier Motorcycle Group . TEN also sold Baseball America and Slam . In March 2018, TEN sold Sound & Vision and Stereophile , along with related magazines and websites, to AVTech Media Ltd. In February 2019, TEN sold its adventure sports portfolio to American Media . In December 2019, the company announced that 19 of the 22 magazines published by the company would be discontinued that month, including Automobile . Source Interlink
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#1732855099256264-626: The Spanish educational publisher Grupo Santillana and in 2022 the Italian and German education businesses from Pearson . Werner S%C3%B6derstr%C3%B6m Osakeyhti%C3%B6 Bonnier AB ( Swedish pronunciation: [ˈbʊ̂nːiːr] ), also the Bonnier Group , is a privately held Swedish media group of 175 companies operating in 15 countries. It is controlled by the Bonnier family . The company
286-489: The TransWorld franchise. Bonnier’s publishing in the United Kingdom has two main divisions: Igloo Books and Bonnier Books UK. A number of imprints operate within each division, most notably: Blink, Autumn Publishing, Hot Key Books, John Blake Publishing, Embla, Templar Publishing and Piccadilly Press, Zaffre and Studio Press. In 2015, Bonnier UK acquired commercial fiction publisher Totally Entwined. Weldon Owen UK and US
308-712: The inability of Source Interlink Distribution to pay $ 19 million in revenues owed for second quarter 2014 sales and $ 7 million for sales booked in previous quarters. The publishing arm would be rebranded under the umbrella of TEN: The Enthusiast Network after shuttering several Source Interlink Media titles, including Popular Hot Rodding , Rod & Custom , High Performance Pontiac , Custom Classic Trucks , 4 Wheel Drive & Sport Utility , Mud Life , 5.0 Mustangs and Super Fords , Modified Mustangs & Fords , Camaro Performers , GM High-Tech Performance , Import Tuner , and Honda Tuning . In addition to editorial staff, there were further layoffs in art and production staff that
330-461: The package employed 550 people and included Outdoor Life , Popular Science , Field & Stream , Ski , Yachting , and Transworld Snowboarding , as well as 11 other titles that were part of Time Inc.'s Time4 Media Group. Also included were Parenting and Babytalk , which were part of the Parenting Group. That price was believed to be a multiple of about 11 times cash flow for
352-542: The proposed acquisition of the Bonnier Broadcasting Group (which owns TV4 AB , MTV Oy and C More Entertainment ) from Bonnier. The acquisition was completed on 2 December 2019. On 6 February 2020, Bonnier Books UK launched literary imprint, Manilla Press. In October 2024, the UK division announced a restructuring with four imprints (Nine Eight, Heligo, John Blake and Black & White London) suspended. Bonnier
374-649: Was an American magazine publishing and logistics company. It owned Source Interlink Distribution and Motor Trend Group . It maintained a strong position in automotive and action sports media, publishing a variety of magazines including Motor Trend , Hot Rod , and the Transworld titles. In September 2012, it was announced that Source Interlink Media (SIM) made a strategic investment in San Francisco technology company CoverHound to power its insurance searches. Through its GrindMedia action sports division, SIM signed
396-504: Was divested in late 2017. In January 2007, the Bonnier Magazine Group acquired 18 magazines from the American media company Time Inc. (at the time owned by Time Warner ) and merged the operations with other publishing companies to create the U.S. based Bonnier Corporation . As a result, Bonnier Corporation owns over 40 magazines, including Popular Science , Saveur , Field & Stream , Outdoor Life and Popular Photography ,
418-514: Was followed by the closure of other publications, such as Modified , Mini Truckin ', Bound By Ink , GEEK , and Law of Attraction , in January 2014. Former Skateboarder editor-in-chief Jamie Owens was announced as the new editor-in-chief of TransWorld SKATEboarding in October 2013. On May 29, 2014, Source Interlink CEO Michael L. Sullivan announced that its distribution arm would soon cease operations. Time, Inc. had withdrawn its business over
440-704: Was founded in 1804 by Gerhard Bonnier in Copenhagen , Denmark, when Bonnier published his first book, Underfulde og sandfærdige kriminalhistorier . Gerhard's sons later moved to Sweden. The Bonnier book publishing companies in Sweden that are part of book publishing house Bonnierförlagen now include Albert Bonniers förlag , Wahlström & Widstrand , Forum, and Bonnier Carlsen, as well as other book publishers and imprints in Sweden. Bonnier Tidskrifter publishes magazines, including Veckans Affärer , Damernas Värld , Amelia , Sköna hem , Teknikens Värld , Resume , nearly
462-968: Was sold to Insight Editions in 2018. Former operations include Piccolia in France and Five Mile Press in Australia which have both been liquidated. Bonnier Publishing USA was formed in August 2016, then composed of the publisher Weldon Owen and the children's publisher, Little Bee. The president of Little Bee, Shimul Tolia, became the CEO of this group. Bonnier Publishing USA was sold to its management in 2019. Bonnier owns business newspapers in Estonia ( Äripäev ), Lithuania ( Verslo žinios ), Poland ( Puls Biznesu ) and Slovenia ( Finance Business Daily ), as well as medical journals in Denmark, Norway, Finland, Poland, and Slovenia. Bonnier
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#1732855099256484-524: Was the first SVOD service aimed at automotive enthusiasts. TEN CEO Scott Dickey described this community as "underserved and starved for premium video content" while positioning the SVOD service as "The Netflix for Gearheads." On August 3, 2017, Discovery Communications announced it would acquire a majority stake in TEN, and contribute its automotive-oriented cable network Velocity into the company. The venture's goals
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