SCHIBSTED COMPANY OBTAINS MAJOR CONTRACT WITH TV 2 TOGETHER WITH SWEDISH PARTNER, Published 13/02/1998 00:00:00

Schibsted`s Scandinavian production company for TV and TV commercials, Metronome Film & Television, has entered into a contract for the production of a new daily drama series for TV 2 in Norway in a 50/50 co-operation with the Swedish production company TV Spartacus. The contract, which has a total value of between NOK 320 and 350 million, runs over a period of five years and calls for the production of 900 episodes.

This is one of the largest contracts ever awarded to a European TV production company and the initial 220 episodes will be produced during 1998 and 1999. The series will be broadcast starting in the autumn of 1998.

Metronome Film & Television and TV Spartacus are already co-operating on the production of drama for TV 2 as Metronome`s wholly owned company, Rubicon TV, and Spartacus jointly produce the TV 2 series «The seven sisters».

Oslo, 13. February 1998
SCHIBSTED ASA

Eirik Ubøe
Group Treasurer