Im Now Majority in Nyhedsavisen

Posted on January 17, 2008. Filed under: fast, Venture Capital, VentureOfMine |

Wow I feel lucky – I took over controle of the paper with the management and some of my most admired Danish online entrepanuers (www.freeway.dk – lots of people dont know them – but when you say Dating.dk, Arto.dk, Trendsales.dk, DKBN.dk – everyone knows – they are by far the biggest danish online media company – AND MOST PROFITABLE).

So my trip to Iceland in the weekend was very good 😉 – I admire those Baugur guys SO MUCH (had NOTHING 17years ago – and now own 10.000 reatails stores around the world – and take risk!!). They have the BIG balls (sorry Thordis) and they are no bullshit – unlike many of the old money I meet. I have talked to 10-15 old money investors who had given me a note during the last year that they wanted in – but they all had this – “uhh its dangerous…” – Well thats TRUE!!

RISK = RETURN.
(and luck and timing is everything)

As 14y old – I had a paperround with Anders Laursen and saved money for new handball shoes – got up at 5am – and had amasing summermornings singing/screaming silly lovesongs over the fields – and insanely shitty cold depressing winther mornings – so its weird now to be kind of head of 800 paperround guys (and YES its was insanely dificult to make the distribution work – and we have had 2500 people trough the machinery the last 15months – imagine just the sallery paperwork…). But our paperrond guys are KEY to this investment – going to +300.000 homes every morning in selected districts – its a killer (let me know if you want us to bring a leaflet or something interesting with the paper – parfume sample, bio chessnuts or whatver.. 😉 – We are in business to make PROFIT – just to let you know…

We are bringing out a REAL PAPER – (not just a writeoff from the Reuters newsfeed) – done by real top dog journalists – and again backed up by a hardcore sales team. and Yes – its a business doing more revenue then I would ever have expected to see pr day – AND USING LOTS OF CASH – but then again – here in Denmark we dont buy our houses in cash – its normally 20-30year loans – and if you do that same math you probobly see where Im going… 15month to become the second most read paper – even most read in the 3 largest cities – and not only traveling youth (like Metro) also THE KEY DESICION MAKERS OF THIS WORLD: Female, Mothers and Housewifes – where we have the BY FAR best reader numbers. I could go on – Im fired up ;)…

But the fact is that this business is booming and with BIG FOCUS ON DELIVERING A PERFECT – STATE OF THE ART – SECOND TO NONE PRODUCT TO ADVERTISERS – we will make a good business. NOTE: If you know a guy in a MEDIA AGENCY – please tell him my number 😉 – they are the key (and our board will reflect that) – and they have already started booking campains in the paper (but not enough) – and we will do a lot to prove that we are not JUST A FREE TRAFIC PAPER (Metro style) – but a QUALITY PAPER and DISTIBUTION SERVICE (not just a old folks subscrition journal, 250y old 😉 – Why ?

Outdoor and Free Papers is the last massmedia

(in my humble opinion – TV and Subscribtion papers are getting even more unpopulair then even Gorge Bush).

Dear Valued reader – sorry to write such a long post – but today is a bit special – and Im got darn nervous about all the media attention (not the business – since Svenn and Morten (and the new board) are pure, smart, humble hardworkers – with sports mentatlity (and all so fucking slim – makes me look even more choppy 😉 (narcicist I am) – and they will be figthing this no matter what will hit us – and I just provide a bit of cash, a little netwok and a couple of IDEAS. Cant wait…

My Danish Press Release

København 17.01.2008

Morten Lund overtager aktiemajoriteten i Nyhedsavisen

”Jeg føler mig meget heldig over at have fået chancen for at stå i spidsen for Nyhedsavisen. Jeg har hele tiden troet på ideen bag Nyhedsavisen, og har på nærmeste hold fulgt avisens udvikling. Den blev dømt ude og færdig allerede inden den var på gaden, men i dag er Nyhedsavisen et trin fra at blive Danmarks mest læste avis. Men det er ikke kun læserne, der har taget godt imod avisen, måned for måned er annonceindtægterne steget og de stiger nu markant, og distributionen af avisen fungerer upåklageligt.

Så Nyhedsavisen er kommet for at blive. Nu gælder det om at bringe avisen det afgørende skridt videre, og det vil jeg gøre i samarbejde med de nuværende investorer – som jeg beundrer for deres vilje og evne til at tænke nyt – og en række nye partnere – Freeway og ledelsesgruppen på Nyhedsavisen som selv har puttet penge i. Næste skridt bliver præsentationen af en strategiplan for udviklingen af Nyhedsavisen i de kommende år.

Jeg er vild med at flere igen læser aviser, og den udvikling tror jeg vil fortsætte. Men hvorfor skal det koste penge at læse en avis? Jeg har været med til at ændre tankegangen i en række andre brancher og glæder mig nu til for alvor at være med i udviklingen af Nyhedsavisen.”

Freeway er Danmarks førende virksomhed indenfor online medier og ejer og driver blandt andet dating.dk, arto.dk og denmarkbynight.dk.

Ledelsesgruppen på Nyhedsavisen består af administrerende direktør Svenn Dam, chefredaktør David Trads, salgsdirektør Morten Nissen og CFO Lars Lindstrøm

Morten Lund er dansk iværksætter. Han har i dag investeringer i mere end 85 selskaber verden over. Blandt andre den kinesiske browser Maxthon med 100 millioner downloads, Orolix, der er Brasiliens hurtigst voksende online-virksomhed og Zecco.com, der er en amerikansk gebyrfri online børshandel.

Morten Lund er tillige medlem af tidligere præsident Bill Clintons Global Initiative, CGI.

Yderligere information:
Fay Helene Mogensen
+4522118596

Press release from Baugur

(the majority owner until yesterday)

Morten Lund buys 51 per centstake in Dagsbrun

Morten Lund is pleased to announce he has acquired a 51 per cent stake in Dagsbrun Media, which owns the Danish newspaper Nyhedsavisen, from Baugur Group, the Icelandic investment firm.
Under the deal, Mr Lund is upping is stake and injecting working capital.
The move comes 15 months after Baugur controlled Dagsbrun launched Nyhedsavisen and comes after the free news paper has made impressive progress in terms of distribution, readership and advertising revenues. Within 12 months of its launch in October 2006, it over took the established paid-for titles and rival free sheets to become the most read daily newspaper in Denmark. It is on course to break even in November this year.
Since launch, sales growth and advertising revenues have risen in line with targets month on month and in the past quarter targets have been broken, enabling the team to make up some of the ground lost to delays before publication began.
Mr Lund said: “This is an exciting opportunity. Media across the world is undergoing a revolution and Nyhedsavisen is part of that. People said a free sheet in Denmark wouldn’t work, and ours has. Now we have proved that we will take it on to the next phase.”
Thordis Sigurdardottir, Baugur managing director of media, said: “It was always our intention to bring in new investors and now is the right time. Morten has been in from the start and although we had approaches from a number of potential investors we believe he is the best person to take control. We look forward to working with him to take Nyhedsavisen to the next level..”
She added that Baugur would remain a substantial shareholder and continue to be represented on the Dagsbrun board.

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94 Responses to “Im Now Majority in Nyhedsavisen”

RSS Feed for It´s all about luck – and optimising the 650k hours in life Comments RSS Feed

Congratulations. Hope we meet soon …

Skarpt! 🙂

Godt gået 😉

[…] Morten Lund uddyber bevggrundene om sin investering p sin blog. 1 kommentar Skriv en kommentar Af hovedetpaabloggen.dk » Blog Archive » […]

Great! 🙂
– Thumbs up …

Congratulations – I would like to meet – is it possible ?

Tillykke – glæder mig til at følge udviklingen – især på nettet, hvor jeg jo som du ved altid har store forventninger 😀

This post is very hot, it is high ranked at our site (daily weblog, weblog post ranking site). See http://indirect4.blogspot.com/ for more information

Nyhedsavisen er absolut den bedste gratisavis i danmark. Held og lykke med projektet

Hey Morten! Din gamle makker på avisruten følger selvfølgelig med i din gøren og laden. Det ser ud til at du lykkes med meget – tillykke med overtagelsen og held og lykke!!!

Stærk. Forbillede for mange af os herude.

As a former newspaper deliverer, I look forward to helping you bring ‘new media’ into the printed world. Godt gået.

Hej Morten
Godt gået og big balls i forhold til avisen.
Vi mødtes kort til Robbie sidste år – har spillet i FHK , men blev for gammel og var ikke god nok.
Ring når/hvis du skal bruge en skurvogn eller 100.
Jeres distribution skal ikke have lejemål men en række letvogne i stedet.
Held og lykke fremover
Ring hvis du får brug for hjælp
Vh
Jesper Bendixen Eurowagon.dk A/S

Who is Morten ? and will he have any impact on Nyhedsavisen in Denmark ?.

I have meet Morten around 7 years ago and followed him since that time.
I was very happy to see that Morten are fully into Nyhedsavisen now and I am sure it will bring an new area into newspapers.

Why ?
– I saw a video around 1 year ago with Morten Lund and around 3 other top guys from the newspaper industry and Morten was a “Internet” kinda guy that was only inveted to discuss with these guys to make some drama…
What happened ? Morten told the croud and the 3 top guys that he would NEVER invest in newspapers.

And now ? Yes, he is 51% into Nyhedsavisen 🙂
amazing.

I am sure that:
Morten Lund will bring strong competition to estabilished paying newspapers like: Jyllandsposten, Berlingske, Politiken etc and he will bring danish newspapers into a new field.

Morten and the guys from Freeway are not telling the press anything interesting… But I am sure that.

Morten will kickass with strange changes(be ready for them(.

and

Freeway Media will help Nyhedsavisen to BOOM in sales.

I herewith give my strongest respect to Morten
and the Freeway guys(and any other guys involved in the takeower).

Enjoy the project and please don’t change
the newspaper in any bad way since it’s the absolute best free newspaper in Denmark.

Sorry for my long post.

Stort tillykke!

hihi.. det bliver sjovt at følge.. Jeg ønkser jer alt held og lykke. Ps.. hvad har Morten IKKE til fælles med woody allan ==
“Comedian Woody Allen once said that 80 percent of life is just showing up”

det gælder vist ikke for morten (-:

klø på….

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Tillykke med det – jeg er spændt på at se hvad de giver af forandringer til Nyhedsavisen.
Og skal i aldrig så til at få den hjemmeside til at sparke røv som visionen var fra starten af? 🙂

STOPPED FOR MODERATION – send me your real email – and lets have a real chat.

ok email. don’t know what else would be helpful.

Rundstykker ……..

Når I nu omdeler avisen, så burde det være en god ide t man kunne, på en eller anden måde, at man kunne få leveret leveret ( købt ) rundtykker, og anden morgenmad, fra jer samtidig

create your own reality har 3 gaver til dig.

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those were the days of our lives 🙂

Godt du hænger i!

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