|
|
Article: Sweden's showman. (Kinnevik AB's Jan Stenbeck)(includes related article) (Multichannel News International: World Watch)
- Article from:
- Multichannel News
- Article date:
- January 23, 1995
- Author:
CopyrightCOPYRIGHT 1995 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
When Jan Stenbeck returned to Sweden in 1983 to take over his family's company, Kinnevik, the shareholders' meeting was held in a cinema showing Staying Alive, starring John Travolta. Stenbeck paid an usher 100 Swedish kronors to change Travolta's name to his own.
Staying alive is something Stenbeck is very good at: Over the past 11 years, he's built Industriforvaltnings AB Kinnevik into one of the largest media companies in Scandinavia, with expansive holdings in television. Today, Stenbeck is poised to take control of the lion's share of the satellite and cable television market in Scandinavia. In fact, his competitors are afraid he'll decide who will stay alive ...