Acquisitions and new hits, such as 'Marie Antoinette,' benefited the European production giant's results.
Banijay’s content catalog expanded by 30 percent in 2022 to 160,000 hours. Its share of revenue from productions made for or distributed by local and global streaming platforms rose to 18 percent.
FL, whose other businesses include sports betting and gaming firm BetClic Everest also touted that Banijay made “15 bolt-on acquisitions in 10 geographies” last year. Banijay has grown through acquisitions over the years, including its takeover of Zodiak Media in 2016 and Endemol Shine Group in 2020.“2022 was an outstanding year for FL Entertainment,” said CEO François Riahi.
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