Key figures 2016
|Revenue: EUR 448 (436) million.||Operating profit: EUR 11 (35) million.
In 2016, TV 2’s revenue grew by 7% in local currency, but earnings were down on 2015 due to investments in premium content and rights, and to costs for a major reorganisation to prepare the company for the market of the future.
TV 2 is Norway’s largest broadcaster in the 20-49 age group, and its main channel had a successful year with strong programme formats such as the talent show The Stream, developed in-house and sold for production in the US.
TV 2 Sumo saw further increases in both revenue and subscribers, and is Norway’s largest streaming service in terms of revenue.
The website tv2.no continued to grow and is Norway’s third-largest commercial news site with more than 1.1m unique visits daily.
The subsidiary Vimond, which sells OTT software solutions, grew its revenue by 68% and has some of the world’s leading media companies as customers.