Bonnier AB (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 Bonnier family is a Swedish family of Jewish origin, who since the beginning of the 19th century has been active in the book industry and later also in the mass media industry. They own the media group Bonnier Group, which has 175 companies in 18 countries.
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 MTV Media Oy, which owns commercial channels MTV3, Sub and AVA among others; 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 Norway, along with magazines from Bonnier Media and the movie chain SF Kino and film distribution company SF Norge, subsidiaries include book publisher Cappelen Damm.
In Malta, Bonnier owns Evoke Gaming Ltd. This was divested in late 2017.
In January 2007, the Bonnier Magazine Group acquired 18 magazines from American media company Time Inc 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, a range of action sport magazines focused on motorcycling, as well as a number of niche travel and lifestyle titles. 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 the TransWorld franchise.
Bonnier’s publishing in the UK is currently arranged under three main divisions: Igloo, Kings Road Publishing and Bonnier Zaffre. A number of imprints operate within each division, most notably: Blink, Autumn Publishing, Hot Key Books, Red Lemon Press, Templar Publishing, Piccadilly Press, Zaffre and Weldon Owen (which is separate from the U.S. book publisher). In 2015, Bonnier UK acquired commercial fiction publisher Totally Entwined. Other operations include Piccolia in France and Five Mile Press in Australia.
Bonnier Publishing USA was formed in August 2016, 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 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 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 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 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 a group that had net income of around US$20 million and revenue of around $230 million.
Working Mother (Business)
Last updated: Never
Improve this entry