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==History== |
==History== |
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”Nyhedsavisen” was first published on 6 October 2006.<ref>{{cite web|year=2006|title=Nyhedsavisen sætter dato på|author=Berlingske Tidende|author-link=Berlingske Tidende|url=http://www.berlingske.dk/forside/artikel:aid=781516:fid=100101038/|language=da}}{{Dead link|date=April 2020 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> In its first year the paper had a circulation of 160,000 copies.<ref name=pdak>{{cite journal|author=Piet Bakker|title=Free daily journalism – anything new?|journal=Journalistika|date=2007|volume=4|url=http://ojs.statsbiblioteket.dk/index.php/journalistica/article/view/1801/1623|accessdate=26 November 2014}}</ref> |
”Nyhedsavisen” was first published on 6 October 2006.<ref>{{cite web|year=2006|title=Nyhedsavisen sætter dato på|author=Berlingske Tidende|author-link=Berlingske Tidende|url=http://www.berlingske.dk/forside/artikel:aid=781516:fid=100101038/|language=da}}{{Dead link|date=April 2020 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> In its first year the paper had a circulation of 160,000 copies.<ref name=pdak>{{cite journal|author=Piet Bakker|title=Free daily journalism – anything new?|journal=Journalistika|date=2007|volume=4|url=http://ojs.statsbiblioteket.dk/index.php/journalistica/article/view/1801/1623|accessdate=26 November 2014}}</ref> March 2007, it had a circulation of approximately 400,000 copies.<ref name=pdak/> |
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At its inception, the paper was owned by the Icelandic<ref name=hes>{{cite web|author1=Henrik Søndergaard|author2=Rasmus Helles|title=Media policies and regulatory practices in a selected set of European countries, the EU and the Council of Europe: The case of Denmark|url=http://www.mediadem.eliamep.gr/wp-content/uploads/2010/05/Denmark.pdf|publisher=MEDIADEM|accessdate=12 December 2014|format=Background information report|date=October 2010|archive-url=https://web.archive.org/web/20141213030216/http://www.mediadem.eliamep.gr/wp-content/uploads/2010/05/Denmark.pdf|archive-date=13 December 2014|url-status=dead}}</ref> [[Baugur Group]], with minority stakes held by a number of co-founders, including Morten Lund. However, in January 2008, Baugur decided to sell Lund a 51% majority share of Dagsbrun Media, the holding company for the newspaper. For the acquisition, Lund had teamed up with Morten Wagner of Freeway, an owner of the social networking sites dating.dk and arto.dk. It is believed that they bought the stake for a single Danish crown. At that stage, the newspaper had lost close to $50 million. Rumour{{or-inline}} has it that Morten Lund assumed this debt.{{fact}} |
At its inception, the paper was owned by the Icelandic<ref name=hes>{{cite web|author1=Henrik Søndergaard|author2=Rasmus Helles|title=Media policies and regulatory practices in a selected set of European countries, the EU and the Council of Europe: The case of Denmark|url=http://www.mediadem.eliamep.gr/wp-content/uploads/2010/05/Denmark.pdf|publisher=MEDIADEM|accessdate=12 December 2014|format=Background information report|date=October 2010|archive-url=https://web.archive.org/web/20141213030216/http://www.mediadem.eliamep.gr/wp-content/uploads/2010/05/Denmark.pdf|archive-date=13 December 2014|url-status=dead}}</ref> [[Baugur Group]], with minority stakes held by a number of co-founders, including Morten Lund. However, in January 2008, Baugur decided to sell Lund a 51% majority share of Dagsbrun Media, the holding company for the newspaper. For the acquisition, Lund had teamed up with Morten Wagner of Freeway, an owner of the social networking sites dating.dk and arto.dk. It is believed that they bought the stake for a single Danish crown. At that stage, the newspaper had lost close to $50 million. Rumour{{or-inline}} has it that Morten Lund assumed this debt.{{fact}} |
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Revision as of 16:11, 23 January 2026
Danish newspaper
Nyhedsavisen was a Danish free daily newspaper based on a new concept of distributing a free newspaper to 500,000 Danish homes that became the most read in the country within 18 month of launch. It was owned by investment and advisory catalyst LundXY.
History
Nyhedsavisen was first published on 6 October 2006.[1] In its first year, the paper had a circulation of 160,000 copies.[2] By March 2007, it had a circulation of approximately 400,000 copies.[2]
At its inception, the paper was owned by the Icelandic[3] Baugur Group, with minority stakes held by a number of co-founders, including Morten Lund. However, in January 2008, Baugur decided to sell Lund a 51% majority share of Dagsbrun Media, the holding company for the newspaper. For the acquisition, Lund had teamed up with Morten Wagner of Freeway, an owner of the social networking sites dating.dk and arto.dk. It is believed that they bought the stake for a single Danish crown. At that stage, the newspaper had lost close to $50 million. Rumour[original research?] has it that Morten Lund assumed this debt.[citation needed]
Detractors pointed out that Nyhedsavisen suffered with funding issues from the outset; at launch, analysts were concerned that Baugur’s £45m investment was too small to keep it afloat. It was also reported in the Danish press that the newspaper lost 200m Danish crowns over the course of 2007, before Lund’s takeover. However, under new ownership it officially claimed the position of most widely read newspaper in Denmark, with a daily circulation of 551,000 copies[4][failed verification] and A-Pressen have taken over the news paper’s on-line edition.[5][failed verification]
The paper was closed in August 2008[3] with a reported deficit of approximately $100 million, generated mostly under the previous ownership, making it the latest victim of the so-called “newspaper wars” in Denmark.[3]
See also
References
External links
