This chapter outlines the political and media landscapes in Iceland in comparison to the other four Nordic countries. The political communication literature routinely groups the Nordic countries together and defines them in terms of a Nordic model. Iceland has, however, seldom been included in this literature, and research on political communication in the country is scarce. The chapter shows that the Icelandic media and political systems differ in significant ways from those in the other Nordic countries. Corporatism is less developed in Iceland, as is journalistic professionalism, and remnants of political parallelism have carried over to a highly commercial media system. This has operated without the public service requirements or support for private media that characterise the other Nordic countries. Iceland was particularly impacted by the 2008 financial crisis, and the years following have seen various changes regarding media and politics. Recent developments indicate that the Icelandic system might be becoming more similar to the other Nordic countries.