Edge Rewrite
pun Source code View original
Jump to content

Draft:Banijay Group

From Wikipedia, the free encyclopedia
Banijay Group N.V.
FormerlyFL Entertainment N.V. (2022–2024)
TypePublic
IndustryEntertainment
FoundedMay 2022; 4 years ago (2022-05)
Headquarters
Key people
Divisions
Websitegroup.banijay.com

Banijay Group N.V. is a French entertainment holding company based in Paris, France, and legally incorporated in Amsterdam, Netherlands. It was formed in May 2022 from a merger with special-purpose acquisition company (SPAC) Pegasus Entrepreneurs, which saw independent television production group Banijay and online sports betting group Betclic go public.

History

[edit]

In May 2022, it was announced that Stéphane Courbit would take Banijay and Betclic public through a holding company called FL Entertainment that would merge with Pegasus Entrepreneurs, a special-purpose acquisition company backed by European asset management company Tikehau Capital and investment firm Financière Agache, while existing Banijay shareholders such as Vivendi would continue to invest in the new company.[1] Shares began trading on Amsterdam's Euronext stock exchange on 1 July with an enterprise value of €7.2 billion and an equity value of €4.1 billion.[2]

On 15 June 2023, Banijay announced that it would acquire a majority stake in Balich Wonder Studio, a live entertainment production studio.[3] Following the deal and FL's investment in The Independents. FL launched a live events division called Banijay Events, that will capitalise on Banijay's expertise and success in content production and expand FL's capabilities within the wider entertainment industry with former Banijay France CEO François de Brugada leading the new division.[4]

In March 2024, FL posted profits showing revenues of €4.5 billion, with a revenue increase of 13.8%.[5]

On 15 May 2024, FL Entertainment announced a group-wide rebrand under the Banijay name. FL Entertainment N.V. became Banijay Group N.V., while the Banijay television production arm became known as Banijay Entertainment. Banijay Events also became Banijay Live, while the online sports betting and gaming businesses, comprised of the Betclic and Bet-at-home brands, were housed under Banijay Gaming.[6][7]

In late-January 2025, Banijay Live had acquired multimedia live experience producer Lotchi.[8] A month later, Banijay Live launched a new unit dedicated to develop their IP portfolio into games and exhibitions named Banijay Live Studio.[9]

In October 2025, Banijay Gaming agreed to acquire the Tipico gambling brand from CVC Capital Partners for €3 billion (US$3.5 billion).[10][11][12] To make sure the deal would receive regulatory approval, Banijay divested its 53.9% stake in Bet-at-home in January 2026.[13][14] The acquisition was completed on 23 April 2026.[15]

On 13 January 2026, the Banijay Group confirmed reports earlier that month that it was in talks with RedBird IMI to merge their respective Banijay Entertainment and All3Media television production businesses.[16][17] A merger agreement, also encompassing Banijay Live, was announced on 3 March 2026, with the Banijay Group and RedBird IMI confirmed to hold 50% in the combined business, which would be called Banijay Entertainment.[18] The deal closed on 9 July, with the new company, consolidated under Banijay Group, being headquartered at All3Media's London headquarters.[19]

Assets

[edit]

Current

[edit]

Entertainment

[edit]

Gaming

[edit]

Former

[edit]
  • Bet-at-home – divested in January 2025

References

[edit]
  1. ↑ Whittock, Jesse (10 May 2022). "'Survivor' Owner Banijay To Go Public Via SPAC Deal". Deadline Hollywood. Retrieved 3 August 2026.
  2. ↑ Lawes, Ruth (11 May 2022). "Banijay to go public as FL Entertainment in deal valued at $7.5bn". C21media. Retrieved 3 August 2026.
  3. ↑ Ramachandran, Naman (2023-06-15). "Qatar FIFA World Cup, Rio Olympics Organizer Balich Wonder Studio Acquired by Banijay". Variety. Retrieved 2023-11-22.
  4. ↑ Wittingham, Clive (22 June 2023). "FL Entertainment, Banijay launch live events arm led by Banijay France CEO De Brugada". C21Media. Retrieved 15 October 2024.
  5. ↑ Yossman, K.J. (7 March 2024). "Banijay's Parent FL Entertainment Boosts Revenue to $5.8 Billion in 2023". Variety. Retrieved 3 August 2026.
  6. ↑ Whittock, Jesse (15 May 2024). "FL Entertainment Becomes Banijay Group Under 'Big Brother' Company Rebrand". Deadline Hollywood. Retrieved 4 August 2026.
  7. ↑ Fletcher, Robert (16 May 2024). "FL Entertainment completes Banijay rebrand after Q1 growth". iGB. Retrieved 4 August 2026.
  8. ↑ Keslassy, Elsa (29 January 2025). "Banijay's Live Entertainment Division Acquires 'Luminiscence' Creator Lotchi". Variety. Retrieved 22 February 2025.
  9. ↑ Watson, Cole (18 February 2025). "Banijay launches new LBE unit". Kidscreen. Retrieved 22 February 2025.
  10. ↑ Kantouar, Najat (2025-10-28). "Banijay to Buy Majority Stake in Tipico Group at $5.4 Billion Valuation". The Wall Street Journal. Retrieved 2025-10-28.
  11. ↑ Goldbart, Max (28 October 2025). "Banijay Makes "Largest Acquisition In Its History" By Buying Betting Giant Tipico For $3.5B". Deadline Hollywood. Retrieved 4 August 2026.
  12. ↑ Shriber, Todd (28 October 2025). "Banijay Acquires Tipico from CVC at $5.4 Billion Valuation". Casino.org. Retrieved 4 August 2026.
  13. ↑ Menmuir, Ted (2026-01-05). "Banijay sells full stake in bet-at-home to accelerate Tipico enlargement". SBCNews. Retrieved 2026-08-04.
  14. ↑ Calland, Rory (2026-01-05). "Banijay Group sells its entire stake in Bet-at-home". Global Gaming Insider. Retrieved 2026-08-04.
  15. ↑ Kayed, Viktor (2026-04-23). "Tipico officially under the umbrella of Banijay Entertainment". SBCNews. Retrieved 2026-08-04.
  16. ↑ Whittock, Jesse (13 January 2026). "Banijay Confirms Talks With All3Media Over European Production Mega-Merger". Deadline Hollywood. Retrieved 5 August 2026.
  17. ↑ Sweeney, Mark (13 January 2026). "Maker of Peaky Blinders 'in advanced talks' to merge with The Traitors producer". The Guardian. Retrieved 5 August 2026.
  18. ↑ Szalai, Georg (2026-03-03). "It's a Megadeal: Banijay, All3Media to Merge, Creating New Indie Production Giant". The Hollywood Reporter. Retrieved 2026-03-04.
  19. ↑ Ritman, Alex (2026-07-09). "Banijay and All3Media Complete $8 Billion Merger, Set London Headquarters". Variety. Retrieved 2026-07-09.
[edit]
Retrieved from "https://en.wikipedia.org/w/index.php?title=Draft:Banijay_Group&oldid=1368001773"