Banijay Group Posts Record Results for 2024 With Double-Digit Growth to $5.2 Billion

variety.com:

Elsa Keslassy International Correspondent Banijay Group, the listed company which comprises film and TV production, distribution, live entertainment and gaming, posted record results for 2024 which reached €4.8 billion (5.2 billion).

Banijay’s adjusted EBITDA was also up by 22% to €900 million ($971 million), and saw an acceleration in the last quarter with 32.8% spike, while adjusted net income also rose by 29.3% at current currencies to €418 million.

Banijay’s French-headquartered TV production and distribution division, which is behind hits including “Survivor” and “Peaky Blinders,” and the live entertainment division, posted flat results of €3.3 billion ($3.5 billion).

Content production revenue in 2024 stood at €2.6 billion ($2.8 billion), down 2.8% compared to 2023. The last quarter of 2024 was up 6.2% thanks to major scripted show which were delivered at the end of the year.