Banijay, Stéphane Courbit’s TV manufacturing and distribution powerhouse behind “Survivor” and “Peaky Blinders,” has made a vibrant debut on the Amsterdam inventory 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 13.2% at fixed forex to €4 billion ($4.2 billion) in 2022. Whereas its revenue margin fell by 14.1%, Banijay’s earnings earlier than curiosity, tax and amortization (EBITDA), in the meantime, grew by 9% to €472 million ($501 million) in 2022.
Banijay was listed final yr via a newly-created particular goal acquisition firm named FL Leisure. The banner includes each Banijay and Courbit’s on-line playing group Betclic.
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Banijay’s robust monetary outcomes had 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 the acquisition of 15 acquisitions throughout 10 territories. These embody many high-profile labels, notably Alain Goldman’s (“La Vie en Rose”)’s Légende Movies in France (renamed Montmartre Movies), and U.Okay. banner Kindle Leisure, whose credit embody the Netflix present “The A Listing.”
“2022 was an excellent yr for FL Leisure,” mentioned François Riahi, CEO of FL Leisure. Riahi mentioned the corporate’s “robust worthwhile progress” in content material manufacturing and distribution was linked to each new scripted sequence resembling “Marie-Antoinette” and “SAS Rogue Heroes,” in addition to flagship unscripted IP’s resembling “Masterchef,” “Massive Brother” and “Survivor” which he pointed “are relaunching in key markets and getting into new territories.”
The chief mentioned Fl Leisure will look to “proceed to exhibit (its confirmed capability to supply worthwhile progress at scale.”
