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Tag: Stéphane Courbit

  • Banijay group maps blockbuster growth plan at capital markets day 2025

    Banijay group maps blockbuster growth plan at capital markets day 2025

    MUMBAI: Banijay group, the global powerhouse in entertainment, unveiled its ambitious growth roadmap at its capital markets day on 16 May 2025, pledging to supercharge its content empire and maintain its industry dominance. With a target of €7 billion in revenue and over €1.2 billion in adjusted EBITDA by 2028, the company laid out a strategy to stay on top in a fast-evolving entertainment landscape.

    Under the leadership of founder &  chairman Stéphane Courbit, Banijay committed to leveraging three powerful growth levers: accelerating organic growth, developing synergies across its diverse portfolio, and capitalising on industry consolidation.

    “Entertainment is the common DNA that connects all our activities. Our purpose remains the same: to produce and deliver emotional experiences at scale,” Courbit declared.

    Banijay group CEO François Riahi highlighted the company’s readiness to capture new growth avenues, driven by a clear strategic focus on digital platforms, premium content, sports, and immersive experiences. “We are raising our mid-term guidance, backed by a strong platform, iconic IP, and disciplined financial management,” he added.

    Banijay’s bold financial goals included:
    * Revenue of around €7 billion in 2028.
    * Adjusted EBITDA of over €1.2 billion in 2028.
    * Organic revenue growth of mid-to-high single digits for content production and low-to-mid teens for online sports betting and gaming.
    * Over 80 per cent adjusted free cash flow conversion.
    * A dividend payout of over 33 per cent of adjusted net income.
    * Target leverage of 2.0x in the medium term.

    The group also revealed plans to consolidate The Independents, increasing its stake from 14 per cent to 51 per cent in 2026. This move would add €1 billion in revenues by 2028 without impacting leverage, thanks to a primary equity raise of €300m to €400m.

    From blockbuster TV shows and digital content to live experiences and sports entertainment, Banijay’s ambitions are crystal clear – to remain the world’s go-to entertainment powerhouse.

  • TV production major Banijay to go public via SPAC deal

    TV production major Banijay to go public via SPAC deal

    Mumbai: TV production and distribution company Banijay will go public and enter the stock exchange in Amsterdam through a newly-created special purpose acquisition company (SPAC). Banijay is being moved into FL Entertainment, which will also house Banijay founder Stéphane Courbit’s online gambling firm Betclic.

    The deal was announced by FL Entertainment and Pegasus Entrepreneurs, a SPAC. The companies will merge. The transaction gives an implied equity value of €4.1 billion and an enterprise value of €7.2 billion – the largest business combination by a European-listed Spac. The shares will begin trading on Euronext in Amsterdam on 1 July.

    The Banijay Group claims to be the world’s largest independent content production company, operating over 120 production companies across 22 countries. It produces both scripted and non-scripted content across all genres, including reality shows, entertainment and talk shows, game shows, factual entertainment, documentary, drama, animation and comedy. Banijay has a multi-genre catalogue of over 120,000 hours of original standout programming. It has produced programmes such as “Survivor,” “Versailles,” “Peaky Blinders,” “Germinal” and “MasterChef.” The global content production industry was valued at approximately €200 billion in 2021 and is structurally growing.

    “Achieving a public listing of FL Entertainment through this partnership with Pegasus Entrepreneurs is a milestone in the history of our group. As a result of the transaction, the group will benefit from a robust balance sheet and will be very well positioned to capture growth in the entertainment industry,” commented Stéphane Courbit. “FL Entertainment is all about partnership, and I am pleased to welcome Pegasus Entrepreneurs and its sponsors as shareholders to our strengthened partnership with Vivendi, SBM International, Fimalac and De Agostini, our existing shareholders in Banijay Group and Betclic Everest Group who have given us their full support to make FL Entertainment even more powerful.”

    “One of the key strengths of FL Entertainment is its management team: François Riahi as CEO of FL Entertainment, Marco Bassetti as CEO of the Banijay Group and Nicolas Béraud as CEO of the Betclic Everest Group. Both Marco and Nicolas have developed their businesses with tremendous success so far and will continue to do so in the new structure, supported by a talented team,” Courbit further said. 

    Pegasus Entrepreneurs sponsor, CEO and future member of the FLE Board Pierre Cuilleret said, “Pegasus Entrepreneurs was created by long-term investors with the objective of partnering with an entrepreneur-led European company with a track record of achieving profitable growth, and the potential to accelerate growth and create value with access to our expertise, network and listing platform. We could not dream of a better opportunity than partnering with FL Entertainment and Stéphane Courbit to achieve our objective on behalf of our shareholders.”

    “The proposed business combination with FL Entertainment benefits from strong support from our shareholders and investors, as evidenced by unprecedented level of non-redemption commitments already received, as well as the largest ever PIPE raising by a European-listed SPAC. We look forward to the next stage of FL Entertainment’s growth and value creation,” Cuilleret added. 

  • Production powerhouse Banijay unveils new brand identity

    Production powerhouse Banijay unveils new brand identity

    MUMBAI: A new giant has emerged on the global TV production front with the completion of Banijay’s takeover of the Endemol Shine Group last week.  And the group has gone in for a rebranding exercise, revealing what it calls a new and contemporary brand identity. The merged parent entity and its operations have been called Banijay and will cover 22 territories, 120 plus production and a catalogue of over 88,000 hours of content.

    New logos – with an iconic pinkish B attached to every company logo – a fresh colour palette and an overhauled website have been unveiled. Globally,  Banijay Rights continues to lead distribution activities, while all territory-level holding companies will soon switch to Banijay. In India for instance, Banijay has three firms under its belt: Banijay Asia, Endemol Shine India and SOL India. Each of them has had the “B” attached to their logos and each has the tag identifying them as a Banijay company. While Banijay Asia is led by Deepak Dhar, Endemol Shine India has Abhishek Rege at the helm and SOL Productions has Fazila Allana and Kamna Narula Menezes leading it.

    The rebrand was imagined and executed by leading global creative partner Moving Brands with website design and build handled by Alchemy Digital.

     “The acquisition of Endemol Shine Group marks a major gear shift for our business and that had to be represented in our branding. We now have unrivalled global reach, an abundance of high-quality, multi-genre titles, and some of the best creative entrepreneurs in the world,” said Banijay CEO Marco Bassetti. “Celebrating our values, the significant breadth of our new offering and our continued investment in innovative IP, the simple, yet effective branding, provides standout alongside versatility, and we hope in years to come, our B will act as a beacon for ground-breaking storymaking and a stamp of excellence.”

    Among its global  top shows figure:  Survivor, Big Brother, Peaky Blinders, Temptation Island, MasterChef, Wallander, The Kardashians, Mr Bean, The Wall, Hunted, Black Mirror, Extreme Makeover: Home Edition and Deal or No Deal.

    With Bassetti fully in charge as CEO, Endemol Shine Group CEO Sophie Turner Laing is slated to exit by end this week. French entrepreneur Stéphane Courbit, who helped stitch together the deal, serves as chairman of the group. Total pro-forma revenue of Banijay-Endemol Shine  for 2019 totted up to  Euros 2.7 billion.