365 (media corporation)

365 is a media company in Iceland. At its peak, it was a mass media company and operated several TV and radio stations, and one newspaper. 365 also rebroadcast foreign television channels over its digital TV system. It started broadcasting Bylgjan in 1986, Stöð 2 started in 1986, Stöð 2 Sport (Sýn) in 1995, Bíórásin in 1998, and it started publishing Fréttablaðið in 2001.[1][2] In 2017, it sold most of its assets to Fjarskipti ehf, the parent company of Vodafone Iceland.[3]

For the UK sports betting company, see 365 Media Group.
365 Media
Native name
365 Miðlar hf.
FormerlyOg fjarskipti
IndustryMass media
Founded2003
HeadquartersReykjavik, Iceland
Key people

History

Og fjarskipti was formed in 2003 through a merger of Íslandssími, Tal and Halló! (all telephone companies). During 2004 and early 2005, Og fjarskipti grew further by acquiring the two largest Icelandic ISP's, Margmiðlun hf. and Lína.Net hf., as well as most of the Icelandic media company Norðurljós, making it the largest corporate network provider in Iceland, offering mobile and fixed telephony and high-quality data networking, with a large footprint in the residential broadband and TV market. In 2005 the name of Og fjarskipti changed to Dagsbrún.[4]

As of March, 2006 Dagsbrún owned "...television and radio stations, a newspaper and a telecommunications company in Iceland and the Faroe Islands",[5] and its Wyndeham stake marked the first time it showed interest in acquisition outside of its home market.[5] At that time it consisted of following brands:

Subsequently, Dagsbrún became 365 and split its media companies into two subsidiaries: 365 ljósvakamiðlar and 365 prentmiðlar, each with a specialized focus.

In 2015, 365 Miðlar bought the Icelandic telecommunications company Tal and merged it into its operations.[6]

In 2017, 365 Miðlar sold most of its assets to Fjarskipti ehf, the parent company of Vodafone Iceland, including the website visir.is.[3][7] 365 Miðlar kept Fréttablaðið and opened a new website for it on frettabladid.is.[8]

In October 2019, Helgi Magnússon and other investors bought 365 Miðlar's shares in Torg ehf., the publishing company behind Fréttablaðið. Helgi had previously bought 50% of Torg ehf's stocks earlier in 2019.[9]

See also

References
  1. "Hafliði snýr aftur til 365 - Vísir". visir.is. Retrieved 8 September 2018. Hafliði was in the group of Fréttablad's first journalists at its foundation in 2001
  2. "Worldcrunch - Real news. True sources. Seriously international". www.worldcrunch.com. Archived from the original on 17 September 2020. Retrieved 8 September 2018. FRETTABLADID ("The Newspaper") is the largest circulation Icelandic-language daily. It was founded in 2001. The newspaper is owned by the media group 365 media and published by Visir.
  3. Atli Ísleifsson (14 March 2017). "Kaup Vodafone á 365 miðlum undirrituð". Visir.is (in Icelandic). Retrieved 14 February 2018.
  4. (ICEX: DB)
  5. Edgecliffe-Johnson, Andrew. Financial Times. London (UK): Mar 25, 2006. pg. 19
  6. "365 miðlar og Tal hafa sameinast". Morgunblaðið (in Icelandic). 12 December 2014. Retrieved 14 December 2019.
  7. Þórður Snær Júlíusson (9 October 2017). "Samkeppniseftirlitið heimilar kaup Vodafone á 365 miðlum". Kjarninn (in Icelandic). Retrieved 14 February 2018.
  8. "Fréttablaðið fær eigin vefmiðil". Mbl.is (in Icelandic). 10 May 2017. Retrieved 14 February 2018.
  9. "Hringbraut og Fréttablaðið í eina sæng". Morgunblaðið (in Icelandic). 18 October 2019. Retrieved 23 October 2019.

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