This study explores the aims of the Nobel Banquet broadcast, produced by the Swedish public service company SVT and the Nobel Foundation. The study suggests that the programme can be viewed as a co-construction of science and media, and that the Nobel Foundation has three primary purposes: 1) to teach the audience about science; 2) to honour the laureates; and 3) to maintain and increase the status of the Nobel prize. SVT, for their part, has two main purposes: 1) to teach their audience about science, and 2) to entertain. The aims of the Nobel Foundation and SVT may seem disparate, but they are interrelated. At the same time, the subtleties between the entities create a tension that develops through mutual negotiations. The study ends with a discussion of two unexpected findings: 1) the shared, yet essentially differently-grounded aims of both parties to inform about science, and 2) the fact that their scientific content has increased in both absolute and relative terms over the years, a finding that questions notions of a continuous mediatisation of social institutions.