Get the latest gossip
Banijay Group Posts 2024 Half-Year Financial Results Up by 8.6% to $2.1 Billion
Banijay Group, whose distribution and production arm is behind 'Big Brother,' saw its revenues reach $2.1 billion during the first half of 2024.
While revenues from online sports betting and gaming skyrocketed by 41.7% to €698 million during the first half, those from content production, distribution and live events dipped by 2.7% to €1.4 billion. The banner said these results reflected “anticipated amplified seasonality of major scripted show deliveries” and the “consolidation of Balich Wonder Studio,” a live event company which has organized several Olympics’ ceremonies. Riahi said he was confident Banijay Group was on track to meet its full-year earnings target of an “organic Adjusted EBITDA growth in the low teens.”
Or read this on Variety