Get the latest gossip
Banijay’s Parent FL Entertainment Boosts Revenue to $5.8 Billion in 2023
Banijay saw its revenue climb to $5.8 billion in 2023.
Banijay, the French-headquartered TV production and distribution powerhouse behind hits including “Survivor” and “Peaky Blinders,” posted revenues of €3.3 billion (a growth of 6%) and an adjusted EBITDA of €494 million (taking into account fluctuating exchange rates) Thursday. During this time, our revenues with OTT players in content production have increased by 75%, and we have also expanded our activities into the live experiences space through M&A, which will contribute to growth moving forward,” said François Riahi, CEO of FL Entertainment. We are also developing opportunities in exciting areas like sports entertainment, while further monetizing our IP through digitalization and content indexing, which represents a new avenue for growth.
Or read this on Variety