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Banijay’s Parent FL Entertainment Boosts Revenue to $5.8 Billion in 2023

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variety.com

K.J. Yossman 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.

The company is owned by FL Entertainment, which also posted profits on Thursday showing revenues of €4.5 billion ($5.8 billion) two years afters making its debut on the Amsterdam stock market.

FL Entertainment saw its revenue climb by 13.8% (adjusted to 8.5% when taking into account currency fluctuations). EBITDA grew by 15% to €756 million in 2023.

In 2022 the media conglomerate, which also comprises gambling business Betclic, was listed in Amsterdam through the specially-created company.

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