{"id":280,"date":"2008-01-19T23:26:20","date_gmt":"2008-01-19T22:26:20","guid":{"rendered":"http:\/\/newmediatrends.fdim.fujacks.pil.dk\/?p=280"},"modified":"2013-02-25T21:07:05","modified_gmt":"2013-02-25T20:07:05","slug":"standing-danish-newspaper-war-at-internetbased-turning-point","status":"publish","type":"post","link":"https:\/\/jon-lund.com\/main\/standing-danish-newspaper-war-at-internetbased-turning-point\/","title":{"rendered":"Standing Danish newspaper-war at (internetbased) turning point?"},"content":{"rendered":"<p>This weeks news in Danish online media is without doubt the Morten Lund take-over as majority shareholder at Nyhedsavisen from Baugur (<a href=\"http:\/\/www.baugurgroup.com\/?PageID=407&#038;NewsID=1238\">press release here<\/a>), with Morten Wagner of Freeway as a minor investor. Why? It at the same time marks the exit of the Icelandic money backing up Nyhedsavisen &#8211; and holds the promise of a yet more intersting development of the Danish online mediamarket.<\/p>\n<p>Here&#8217;s the story:<\/p>\n<p>Nyhedsavisen is the constituting part of what in late 2006 was known under the name &#8220;the Danish newspaper war&#8221;. Around two years ago, Baugur Group &#8211; a set of Icelandic investors &#8211; challenged the existing (subscription-based) Danish news-papers, by launching a free, and freely distributed (to the doorstep og &#8220;all&#8221; Danish households), quality-newspaper. The dominant players JP\/Politiken and Det Berlingske Officin both answered back with each their own free and freely distributed newspapers &#8211; and spinned off very interesting initiatives from other players as well. Hopes were that Nyhedsavisen would be financially weared out in the face of some 3-6 competing newspapers, all of these being given freely to readers at home or in the traffic.<br \/>\n(I&#8217;ve covered this in a number of post, most notably <a href=\"http:\/\/newmediatrends.fdim.dk\/2006\/05\/danish-media-revolution-new-high-quality-print-and-web-media-to-give-news-away-this-autumn.html\" rel=\"bookmark\">Danish media revolution: New high-quality print and web-media to give news away this autumn<\/a>, <a href=\"http:\/\/newmediatrends.fdim.dk\/2006\/08\/first-blog-editor-employed-by-danish-newspaper.html\" rel=\"bookmark\">First blog-editor employed by Danish newspaper<\/a>, <a href=\"http:\/\/newmediatrends.fdim.dk\/2006\/10\/the-three-drivers-of-the-current-media-explosion.html\" rel=\"bookmark\">The three drivers of the current media explosion<\/a>, <a href=\"http:\/\/newmediatrends.fdim.dk\/2006\/08\/sneak-preview-now-theyre-really-here-nordjyskes-new-newspapers-and-website.html\" rel=\"bookmark\">Sneak preview &#8211; now they\u2019re really here &#8211; Nordjyske\u2019s new newspapers and website<\/a>)<\/p>\n<p><a href=\"http:\/\/www.business.dk\/article\/20080118\/medier\/80118114\/\">Estimates of the net-costs of this &#8220;war&#8221;<\/a> has been around 200.000 euro a day for each of the free newspapers &#8211; a significant amount for the involved players. Det Berlingske Officin backed out of the &#8220;war&#8221; rather early, and other players also renounced. Today JP\/Politikens 24timer is battling Nyhedsavisen.<\/p>\n<p>The sell-out of Baugur Group must have caused a celebration at the executive floor at JP\/Politiken, as <a href=\"http:\/\/www.vadnu.com\/\">Mads Kristensen<\/a> argues <a href=\"http:\/\/www.hovedetpaabloggen.dk\/2008\/01\/16\/apropos-mediemagt-gamle-medier-bl%c3%b8der-og-nye-medier-blomstrer\/\">in a comment here<\/a>. Since Morten Lund (who has earned his money from seed-investments in among others Skype) is belived not to have quite the financial weight as Baugur (however rich he might be). <a href=\"http:\/\/www.business.dk\/article\/20080118\/medier\/80118078\/\">Rumers are<\/a>, that if Nyhedsavisen doesn&#8217;t reach break-even in October, their forced to close down.<\/p>\n<p>Others pays more attention to a potential channel-shift at Nyhedsavisen, bringing online to the forefront of the battle. Morten Lund is a New Media entrepreneurial investor, and Morten Wagner is a New Media entrepreneur, his group controlling the Danish equivalent of Myspace, arto.dk, the leading Dating portals and quite a lot of other higly focused websites. Is now the time where the website of Nyhedsavisen is re-entering the battle, full of new energy, new ideas &#8211; backed by traffic-generating efforts of the Freeway-properties?<br \/>\nMorten Lund seems to be\u00a0focusing on the known corebusiness of Nyhedsavisen: &#8220;a second-to-none product to advertisers&#8221;, &#8220;a QUALITY PAPER and DISTIBUTION SERVICE&#8221; <a href=\"http:\/\/mortenlund.wordpress.com\/2008\/01\/17\/im-now-majority-in-nyhedsavisen\/\">in this blogpost<\/a> on his investment, not even mentioning the online-opportunities.<\/p>\n<p>Morten Wagner, however, does seem to be in the Nyhedsavisen business for the sake of the internetopportunities alone. From <a href=\"http:\/\/www.journalisten.dk\/dating-dk-ejer-vil-relancere-nyhedsavisen\">this interview at Journalisten.dk<\/a>\u00a0(in Danish) it&#8217;s clear that it&#8217;s in online he sees the opportunities, and that he wants to realize them FAST. And that it is Morten Lund, a long-time admirer of the Morten Wagner\u00a0ventures,\u00a0who in a late-night meeting at a Copenhagen bar, finally convinced Morten Wagner to invest&#8230;.<\/p>\n<p>I think this is facinating&#8230; can&#8217;t wait to hear about what&#8217;s next!<\/p>\n<p><strong>Update, January 23rd:\u00a0<\/strong>Should be mentioned that\u00a0Morten Lund is not new to the Nyhedsavisen-game. He allready joined Nyhedsavisen as a small investor in the summer of 2006, and at that time it also roused a great deal of expectations of what this could mean for the online-part of the Newspaper-war (see my <a href=\"http:\/\/newmediatrends.fdim.dk\/2006\/07\/nyhedsavisens-in-aggressive-online-move-presumably.html\" rel=\"bookmark\">\u201cNyhedsavisen\u201d in aggressive online-move &#8211; presumably<\/a>). The website of Nyhedsavisen, avisen.dk, was created by a Morten Lund-venture, Hello Group, with a strong focus on blogging and commenting &#8211; and the ability for blogpost to hit the frontpage of avisen.dk. Marketing material boosted: &#8220;Now citizens take control&#8221;.<br \/>\nSo what&#8217;s new is not the participation of Morten Lund in itself, but his &#8220;51 percent-shareholder&#8221; commitment to the project. And then off course the things Morten Wagner and his Freeway-consortium has to throw into the venture.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This weeks news in Danish online media is without doubt the Morten Lund take-over as majority shareholder at Nyhedsavisen from Baugur (press release here), with Morten Wagner of Freeway as a minor investor. Why? It at the same time marks the exit of the Icelandic money backing up Nyhedsavisen &#8211; and holds the promise of&hellip;&nbsp;<a href=\"https:\/\/jon-lund.com\/main\/standing-danish-newspaper-war-at-internetbased-turning-point\/\" class=\"\" rel=\"bookmark\">L\u00e6s mere &raquo;<span class=\"screen-reader-text\">Standing Danish newspaper-war at (internetbased) turning point?<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4,7],"tags":[],"_links":{"self":[{"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/posts\/280"}],"collection":[{"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/comments?post=280"}],"version-history":[{"count":1,"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/posts\/280\/revisions"}],"predecessor-version":[{"id":3694,"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/posts\/280\/revisions\/3694"}],"wp:attachment":[{"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/media?parent=280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/categories?post=280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jon-lund.com\/main\/wp-json\/wp\/v2\/tags?post=280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}