European TV production giant Banijay (Peaky Blinders, Black Mirror, MasterChef, Survivor) recorded higher first-half 2025 revenue and earnings for its combined content production and distribution business Banijay Entertainment and live experiences division Banijay Live, Amsterdam stock exchange-listed parent company Banijay Group disclosed on Thursday.
Combined revenue for the period rose 3 percent to €1.43 billion ($1.64 billion), “supported by solid line-up of show deliveries and good live experiences & other performance,” while earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 6 percent to €208 million ($238 million).
Production revenue was up 1.6 percent to €1.10 billion ($1.26 billion) and distribution revenue up 0.6 percent to €149 million ($170 million), with a further 5,000 hours of programming added to the firm’s catalogue. Banijay said its share of production and distribution revenue coming from streamers increased from 17 percent in the first half of 2024 to 20 percent in the first half of 2025.
Among the company’s deliveries so far this year have been Building the Band, The Buccaneers season 2, MasterChef U.S., and Celebrity Big Brother U.K.
Revenue from live experiences jumped 15.4 percent to €173 million ($198 million), “supported by the production of major sports ceremonies” and the integration of Lotchi, which the company acquired.
Looking ahead, the company said its content production and distribution arm will benefit from a “strong pipeline of deliveries expected in the second half of 2025.” At its live experiences unit, the second half is “expected to strengthen due to major show deliveries.”
Banijay Entertainment & Banijay Live is led by Marco Bassetti as CEO of the combined segments. “Banijay Entertainment, with Banijay Live, continues to illustrate a robust business model, as demonstrated by these latest first-half results,” he said on Thursday. “Year-on-year, we have significantly increased our activities with streamers, maintained significant investment in creativity to bolster our competitive market advantage, and accelerated our digital transformation efforts. The latter will rapidly unlock greater efficiencies, further amplify the value of our catalogue, and enhance our presence on YouTube specifically.”
Concluded Bassetti: “In embracing new technologies and diversifying our revenue streams in areas like sport too, we continue to prepare the group for the future, cementing our house as the number one for talent, IP, and creative innovation.”