We have now traditionally published a list of the 40 largest media in Serbia with data for 2018. The good news is that the revenues of the 40 largest media outlets have grown in 2018 by about 7% and now amount to € 387 million. There are also changes on the top list, but let us start from the beginning.

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On the other hand, the growth of revenue in 2018 was driven by Color media international under the direction of Robert Čoban, publisher of several magazines and weeklies such as Gloria, Story, Ljepota i zdravlje and many others. Color media is present in all SEE markets and is expanding quite strongly.
Among the portals, the Internet group, the publisher of Telegraf, has jumped in our list from 25th to 22nd place. The Telegraf is now behind Kurir and Blic in the portal viewership and is high on the 3rd place of the list we published for the July, so the fight is expected to continue in the fall.
There is no Alo company on this year’s list because Bisnode has not yet released its revenue data. Two years ago, Alo had 1.7 million euros in revenue and ranked 23rd.
Radio Bubonja, Sos Kanal, TV Most, AS media and STV from Šid were removed from the 40 largest media list.
 2018 2017 NAME 2018 2017
01. 01. RADIO TELEVIZIJA SRBIJE 95.082.945 90.616.763
02. 02. PINK INTERNATIONAL 66.615.933 52.305.345
03. 03. PRVA TELEVIZIJA 35.699.889 29.052.076
04. 04. HD WIN (Arena sport) 30.783.806 28.403.012
05. 05. RINGIER A.SPRINGER (Blic) 25.678.405 27.601.295
06. 06. RTV NOVI SAD 18.365.423 17.893.976
07. 08. NID KOMPANIJA NOVOSTI 14.796.130 11.892.799
08. 09. B92 12.290.702 11.375.421
09. 10. ADRIA MEDIA GROUP (Kurir) 10.046.664 10.590.951
10. 07. POLITIKA NOVINE 8.474.824 15.160.986
11. 14. NID COLOR MEDIAINT 8.347.583 5.488.710
12. 12. K::CN NIŠ 6.389.919 6.486.397
13. 13. HBO ADRIA 6.163.153 5.538.464
14. 15. INSAJDER TIM 5.821.347 5.420.380
15. 16. ADRIA NEWS (N1) 4.376.275 4.470.049
16. 11. HAPPY TV 4.014.007 6.494.548
17. 17. MEDIJSKA MREŽA 3.829.448 3.293.908
18. 18. UMP (Sportklub) 3.588.216 3.293.348
19. 22. DNEVNIK VOJVODINA PRESS 3.531.084 1.965.613
20. 21. STUDIO B 3.474.283 2.742.039
21. 19. MAGYAR SZO 3.220.680 3.090.030
22. 25. INTERNET GROUP (Telegraf) 1.778.009 1.338.852
23. 24. DAN GRAF 1.752.052 1.699.230
24. 20. ADRIA MEDIA MAGAZINE 1.704.179 3.013.152
25. 28. LOKAL MEDIA 1.214.839 906.667
26. n.p. R MEDIA GROUP 1.186.523 N.P.
27. n.p. RADIO S 1.109.952 N.P.
28. 27. NIP NEDELJNIK 1.059.925 1.086.852
29. 30. SRBIJA DANAS 942.898 783.011
30. n.p. PLAY RADIO 925.387 N.P.
31. 29. NIN 823.655 873.132
32. 39. RTV BELLE AMIE 602.528 457.133
33. n.p. MONDO INC 582.921 n.p.
34. 38. NOVOSADSKA TV 553.810 462.869
35. 36. VREME 539.504 476.333
36. 35. RTV SUNCE 532.410 523.692
37. 31. PUBLISHER 519.068 708.022
38. 40 NIP ZRENJANIN 508.355 445.916
39. n.p. RTV PAZAR 498.547 N.P.
40. 26. RTV KRAGUJEVAC 479.389 1.263.937
Source: Bisnode d.o.o. 2018 387.904.667