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15min

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15min(Lithuanian:Penkiolika minučių) is one of the largest news websites inLithuania,attracting over one million unique users per month.[1]TheEstonianmedia companyPostimees Groupowns 60% of it and Lithuanian company4 Bees,owned by Tomas Balžekas, Martynas Basokas, Gabrielė Burbienė, and Tomas Bindokas holds 40%.[2]

15min
IndustryNews media
Key people
Tomas Balžekas
CEO
Revenue€5.221 million (2022)[3]
ParentPostimees Group
Websitewww.15min.lt

History

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Old logo of 15min
15min headquarters in Vilnius

Founded on 1 September 2005,15minstarted as adaily newspaperdistributed freely acrossVilnius,Kaunas,andKlaipėdathrough various channels, including in public transport, streets, and some cafés. Seven months later, the Norwegian media conglomerateSchibstedacquired the company overseeing its operations.

On 7 August 2008, the company expanded its reach by launching the online news portal15min.lt.The frequency of publication was reduced to three times per week as of Autumn 2009.[4]In December 2011, the publication transitioned into a weekly newspaper obtainable in seven Lithuanian cities.[5][6]Additionally, it launched a subscription delivery in April 2012.[7]

In June 2013, the newspaper underwent a substantial transitional shift. A strategic decision was made to completely discontinue the printed publication and commit exclusively todigital publishing.[4]In September, Schibsted decided toexitthe Baltic market. Consequently, theEesti Meedia,the parent company of the15min,was sold to thesenior management..[8]

15minbegan functioning without an editor-in-chief in April 2015, entrusting department heads and editors with more managerial responsibility.[9]Known for itsinvestigative journalism,it was an official partner of the investigation team that verified and published thePanama Paperson 3 April 2016.[10][11][12][13]That same month15minupdated the portal and the next month it disabled anonymous comments.[14]At the same time it also introduced apaywalltoad-blockers,thus partially charging for content.[15]

Under a partnership agreement active until 2017,15mincarried pieces from other brands of theŽurnalų leidybos grupėssuch asŽmonės.After that it replaced them with sections such as "Life," "Food," and "Names."[16]

In March 2019, in conjunction with the Sarajevo-basedOrganized Crime and Corruption Reporting Project,15min broke a story regarding a nearly $9 billion globalmoney launderingscheme allegedly constructed bySberbank CIB(formerly known as "Troika Dialog" ).[17]The scheme is known asŪkioLeaksorTroika Laundromat.[18][19][20][21][22]

In October 2020, reporters at the investigative department resigned in protest against planned restructuring of the editorial team which would see several editors including Raimundas Celencevičius, the chief editor, removed from their desks. The journalists who resigned accused the management of editorial interference. 47 workers at the news portal founded a newtrade unionto challenge the management.[23][24][25]

Leaders

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Managers

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  • 2005–2017 Tomas Balžekas;
  • 2017–2021 Ramūnas Šaučikovas;
  • 2021 Donatas Večerskis;
  • 2021–present Tomas Balžekas.

Editors-in-Chief

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  • 2008–2010 Žilvinas Pekarskas;
  • 2011 Liudas Dapkus;
  • 2012–2015Rimvydas Valatka;
  • 2015–2017none
  • 2017–2021 Raimundas Celencevičius;
  • 2021–present Vaidotas Beniušis

References

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  1. ^"gemiusAudience: rugpjūčio mėnesio apžvalga".Gemius Baltic(in Lithuanian).Archivedfrom the original on 18 December 2023.Retrieved18 December2023.
  2. ^"15min.lt".www.vle.lt(in Lithuanian).Archivedfrom the original on 18 December 2023.Retrieved18 December2023.
  3. ^"15Min, UAB revenue, profit",www.rekvizitai.lt
  4. ^ab"„15min" nutraukia popierinio savaitraščio leidybą ".Delfi(in Lithuanian). 27 June 2013.Retrieved24 December2023.
  5. ^"Laikraštis „15 min" taps savaitraščiu, bus atleista dalis darbuotojų "(in Lithuanian). Archived fromthe originalon 7 January 2012.
  6. ^"Verslas".www.tv3.lt(in Lithuanian).Archivedfrom the original on 18 December 2023.Retrieved18 December2023.
  7. ^"Populiariausią miestų laikraštį „15min" jau galima prenumeruoti ".15min(in Lithuanian). 20 April 2012.Retrieved24 December2023.
  8. ^Aukštuolytė, Rima."„Schibsted" Baltijos žiniasklaidos verslą parduoda estams už 30 mln. EUR ".vz.lt(in Lithuanian).Archivedfrom the original on 25 July 2016.Retrieved18 December2023.
  9. ^"Atsinaujinusi 15min komanda: kas mes esame ir kaip nuo šiol dirbame".15min.lt(in Lithuanian).Archivedfrom the original on 10 May 2016.Retrieved18 December2023.
  10. ^"Media Partners: Panama Papers".27 January 2018.Archivedfrom the original on 18 December 2023.Retrieved18 December2023.
  11. ^"The Panama Papers".MIT - Docubase.Archivedfrom the original on 18 December 2023.Retrieved18 December2023.
  12. ^Tribune, the Lithuania (10 August 2016)."2 individuals and 7 companies in Lithuania under investigation after Panama Papers leak".the Lithuania Tribune.Archivedfrom the original on 18 December 2023.Retrieved18 December2023.
  13. ^"Counting the Panama Papers money: how we reached $1.24 billion - ICIJ".15 July 2019.Archivedfrom the original on 18 December 2023.Retrieved18 December2023.
  14. ^"„Interneto higienos" judėjimas: kaip šią 15min idėją vertina garsūs žmonės ".15min.lt(in Lithuanian). 2 May 2016.Archivedfrom the original on 18 December 2023.Retrieved18 December2023.
  15. ^Balčiūnienė, Rūta."Naujas žingsnis: „15min" be reklamos – 1 Eur per mėnesį ".vz.lt(in Lithuanian).Archivedfrom the original on 18 December 2023.Retrieved18 December2023.
  16. ^Balčiūnienė, Rūta."Skiriasi „15min" ir „Žurnalų leidybos grupė "".vz.lt(in Lithuanian).Archivedfrom the original on 18 December 2023.Retrieved18 December2023.
  17. ^O'Donnell, Tim (4 March 2019)."One of Putin's closest friends was just implicated in a massive money laundering scheme".TheWeek.com.Archivedfrom the original on 18 December 2023.Retrieved6 March2019.
  18. ^Černiauskas, Šarūnas (4 March 2019)."Ūkio bankas – milijardinės pinigų plovimo sistemos centre"[Ūkio bankas is at the center of the billion-dollar money laundering system].15min(in Lithuanian).Archivedfrom the original on 18 December 2023.Retrieved23 November2019.
  19. ^Garside, Juliette (4 March 2019)."Q&A: what is the 'Troika Laundromat' and how did it work?".The Guardian.Archivedfrom the original on 5 March 2019.Retrieved23 November2019.
  20. ^"The Troika Laundromat".OCCRP.Archivedfrom the original on 5 May 2021.Retrieved23 November2019.
  21. ^"Russian Troika Dialog bank investigation reveals offshore money laundering scheme".bne IntelliNews.6 March 2019.Archivedfrom the original on 28 October 2023.Retrieved23 November2019.
  22. ^O'Conner, Colin (4 March 2019)."The Troika Laundromat: Five Quick Takeaways".RFE/RL.Archivedfrom the original on 18 December 2023.Retrieved23 November2019.
  23. ^"Reporters from Lithuania's 15min.lt resign in protest against 'interference'".LRT News.Lithuanian National Radio and Television.5 October 2020.Archivedfrom the original on 18 December 2023.Retrieved18 January2022.
  24. ^"Gindami žiniasklaidos laisvę naujienų portalo 15min darbuotojai susibūrė į profesinę sąjungą".15min.lt/verslas(in Lithuanian).Archivedfrom the original on 18 December 2023.Retrieved18 December2023.
  25. ^"Dėl nesutarimų su direktoriumi „15min" paliko Tyrimų skyriaus žurnalistai, įkurta profesinė sąjunga ".lrt.lt(in Lithuanian). 5 October 2020.Archivedfrom the original on 18 December 2023.Retrieved18 December2023.
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