In the spring of 1984, Ingemar Leijonborg and Gunnar Bergvall worked out a business plan for a Swedish commercial TV channel. The plan included a financing calculation for such a channel. It turned out that the project was financially justifiable and they resigned from their jobs, Leijonborg from SVT and Bergvall from
Bonnier. In autumn 1985 the investment company
Proventus put up
SEK 2.5 million as initial project financing. They acquired an office for their newly started company called Nordisk Television AB on Birger Jarlsgatan and a secretary. But a year later, Proventus' interest had cooled and Leijonborg/Bergvall had to find new financiers. In 1987 they brought in new investors, Providentia (a
Wallenberg family interest), formerly
Föreningsbanken, SPP (later Alecta) and the book publisher
Natur & Kultur were prepared to invest ten million kroner. A TV school was started to be able to train TV producers and scriptors. People were recruited, mainly from SVT, for example Lars Weiss, Jan Scherman, Bengt Magnusson and Jan Zachrisson. The goal was to make an innovative and hipper version of SVT with a heavy newsroom and self-produced series and which would simultaneously become Sweden's largest TV channel. When all the plans were to begin to be realized, a property was rented in Storängsbotten, which was converted into a TV station. On 15 September 1990 broadcasts began over the then
Tele-X satellite. The premiere broadcast had technical problems. The first edition of Nyheterna lured viewers away from the channel. The next day
Expressen wrote in its front cover "Lägg ned TV4 – om det inte blir bättre!" (Shut down TV4 - if it doesn't get better!) on its promissory note. That slip sat in many employees' rooms in the early days as a spur to improve. The self-produced drama series
Destination Nordsjön and
Rosenholm received merciless criticism. In 1991, two of the channel's oldest entertainment programmes premiered: the Swedish version of
Jeopardy! and the Saturday night bingo show
Bingolotto.
Bingolotto in particular became highly popular. In autumn 1991 the government was to award a license to an advertising-financed TV channel to broadcast terrestrially. 30 applications were received, of which 20 were filled in on a form that Expressen had published. The two main competitors were TV4 (Nordisk Television) and Rix TV/M3 (
Kinnevik). In order to obtain the concession, there were requirements for local distribution of production and for there to be a wide circle of owners. On 11 September 1991, Culture Minister Bengt Göransson announced that M3 would be awarded the concession and that the government would make the formal decision the following day. It was an election campaign and the moderates' party leader Carl Bildt came out and said that a bourgeois government would overturn the decision. Göransson then took back his statement that evening. Kinnevik then settled with Nordisk Television. In return for withdrawing their application for Rix TV, they were allowed to enter as a 30 percent owner of Nordisk Television. In addition, a company, Airtime, was formed, which would manage the sale of advertising in both TV3 and TV4 and in which Kinnevik owned 55 percent. In this way, Kinnevik was able to gain control over the company that sold 90 percent of the Swedish TV advertising. In July 1993, TV4 terminated the agreement regarding Airtime, and also cut the data connection in a purely physical sense, in order to build up its own sales organization instead. This led to several years of legal battles between Kinnevik and the rest of TV4's owners. The parties settled in autumn 2002 when Kinnevik's owner Jan Stenbeck died. When Kinnevik became a partner, the founders Leijonborg and Bergvall had to leave the company under sensational circumstances. Nordisk Television was awarded the license on 7 November 1991. On 2 December 1991 test broadcasts of TV4 began from Gothenburg (UHF channel 46), Hörby (50), Karlstad (46), Malmö (47), Norrköping (54), Stockholm (42), Sundsvall (50), Uppsala (52), Västerås (51), Örebro (58), Linköping (34), Solna (61), Södertälje/Blombacka (53) and Södertälje/Ragnhildsborg (66). Further transmitters were to be added by the end of June 1992. Terrestrial broadcasts started on 2 March 1992. During that year,
Nyhetsmorgon started and marked the introduction of weekday
breakfast television in
Sweden. During the 1990s, TV4 would broadcast several popular Friday night entertainment shows such as
Fångarna på fortet (Swedish version of
Fort Boyard),
Kär och galen,
Tur i kärlek,
På rymmen,
Sikta mot stjärnorna (
Soundmix Show),
Stadskampen (
Intervilles) and
Småstjärnorna (
Mini Playback Show). They have also broadcast several home-grown sitcoms such as
Rena Rama Rolf and
En fyra för tre as well as the soap opera
Tre kronor. In the early 1990s, the TV4 Group decided to move their 7pm evening news to 7:30pm in order to compete with the most popular news programme,
Rapport, which, at that time, was broadcast on
SVT2. This failed and the news was subsequently moved to 6:30pm. In 2004, the evening news was moved to 7pm, and the status quo reinstated. In 2004, TV4 began transitioning to become a digital-only service, starting by shutting down its analogue satellite signal on 31 March 2004. On 19 September 2005, TV4 began shutting down analogue terrestrial transmissions, starting at the island of Gotland. The analogue shutoff was completed by October 2007. Since 2004, TV4 has been broadcasting a Swedish version of the internationally popular
Pop Idol format. In July 2018 it was announced that
Bonnier Broadcasting would be acquired by
Telia Company for 9.2 billion SEK, thus making Telia the new owner of TV4. The acquisition was completed on 2 December 2019. In February 2025 it was announced that
TV4 Media would be acquired by
Schibsted Media for 6.55 billion
SEK, thus making Schibsted the new owner of TV4. The acquisition was completed on July 1, 2025. Free-to-air terrestrial broadcasting ceased on 12 January 2026, in order to inject more money into its streaming service, TV4 Play. ==Programming==