Banijay, Stéphane Courbit’s TV manufacturing and distribution powerhouse behind “Survivor” and “Peaky Blinders,” has made a vibrant debut in the Amsterdam stock market.
The Paris-headquartered firm, which took over Endemol Shine Group in 2020 in a splashy $2.2 billion deal, noticed its income climb by 16.5% – or 13.3% at fixed forex — to €3.21 billion ($3.4 billion) in 2022. Whereas its revenue margin fell a proportion level of 14.7%, Banijay’s earnings earlier than curiosity, tax and amortization (EBITDA) grew by 9% to €472 million ($501 million) in 2022.
Banijay was listed final 12 months by a newly-created particular function acquisition firm named FL Leisure. The banner contains each Banijay and Courbit’s on-line playing group Betclic. As a complete, FL Leisure’s yearly income rose by 13.2% at fixed forex to €4 billion ($4.2 billion).
Banijay’s sturdy monetary outcomes have been bolstered by its content material manufacturing and distribution actions. The banner’s library of content material grew by 30% to 160,000 hours, whereas revenues from streaming
platforms rose by 61%.
Banijay additionally expanded its footprint with 15 acquisitions throughout 10 territories. These embody many high-profile labels, notably Alain Goldman’s Légende Movies in France (renamed Montmartre Movies), and U.Ok. banner Kindle Leisure, whose credit embody the Netflix present “The A Checklist.”
“2022 was an excellent 12 months for FL Leisure,” stated François Riahi, CEO of FL Leisure.
Riahi stated the corporate’s “sturdy worthwhile development” in content material manufacturing and distribution was linked to each new scripted sequence akin to “Marie-Antoinette” and “SAS Rogue Heroes,” in addition to flagship unscripted IP akin to “Masterchef,” “Large Brother” and “Survivor,” which he stated “are
relaunching in key markets and getting into new territories.”
The chief stated FL Leisure will look to “proceed to exhibit its confirmed capability to supply worthwhile development at scale.”
