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Sanoma

Finland's largest media group

Summary

Finland's largest media group

Field	Value
name	Sanoma Corporation
logo	Sanoma logo 2013.png
native_name	Sanoma Oyj
Sanoma Abp
type	Public
traded_as
foundation
location	Helsinki, Finland
key_people	{{ubl
industry	Media
products	Education materials and services, newspaper and magazine distribution, publishing, television, radio, events, online gaming
revenue	€1,289 million (2022)
operating_income	€189 million (2022)
net_income	(not reported)
assets	€2.048 billion (2020)
equity	€551 million (end 2010)
num_employees	5,017 (FTE, end of 2023)
divisions	Sanoma Media Finland, Sanoma Learning
homepage

Sanoma Abp |Pekka Ala-Pietilä (chairman) |Rob Kolkman (president and CEO)

Sanoma Corporation (, , 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.

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:

Sanoma Learning: educational publishing and services
Sanoma Media Finland: newspaper and magazine publishing, printing, TV, radio, events, and online gaming services. This includes the newspaper Helsingin Sanomat that was founded in 1889 as Päivälehti. Nelonen Media, which belongs to the group, has four television channels and several radio channels. In 2020, Sanoma acquired Alma Media's regional news media, the largest of which were Aamulehti and Satakunnan Kansa. The CEO of Sanoma Media Finland is Pia Kalsta.

In October 2020, Sanoma acquired the Spanish educational publisher Grupo Santillana and in 2022 the Italian and German education businesses from Pearson.

References

"Fact Sheet".
(19 October 2020). "Finland's Sanoma buys Spanish educational publisher Santillana". Reuters.
[https://www.sanoma.com/en/news/2022/nasdaq/sanoma-completes-the-acquisition-of-pearsons-local-k12-learning-content-business-in-italy-and-its-exam-preparation-business-in-germany-and-consequently-updates-its-outlook-for-2022/ Sanoma completes the acquisition of Pearson’s local K12 learning content business in Italy and its exam preparation business in Germany, and consequently updates its Outlook for 2022]

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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