Banijay Posts Small H1 Revenue Drop in First Update Since All3Media Merger

Overview

• Banijay disclosed Wednesday that Banijay Entertainment recorded first‑half revenues of €1.37 billion, a 2.2% decline year‑on‑year driven by lower production activity.
• Production revenue fell 11.9% because several projects were phased into later months, while distribution revenue rose 10.5%, boosted by a major format sale in Q1.
• The H1 Entertainment figures do not include All3Media’s results; management said All3Media will be consolidated from the second half and its performance will appear in Q3 reporting.
• At group level Banijay reported H1 revenues of €2.58 billion and a near‑50% jump in live‑events revenue tied to the Winter Olympics and FIFA World Cup, and the company has secured €801 million from the deal plus a seven‑year €750 million loan and a €400 million exceptional shareholder dividend.
• Executives are prioritizing integration and synergies in H2, flagging Q4 as the period for increased production activity and as the key moment to see whether scale from the All3Media combination boosts negotiating power with global streamers and supports further growth.