Banijay has now officially completed the deal to acquire Endemol Shine Group.
The deal sees the French headquartered group scale up significantly to approximately 200 entities across 22 countries with Banijay Rights now holding a catalogue of over 88,000 hours of premium entertainment brands.
Total pro-forma revenue of the combined group for 2019 reached approximately €2.7
Banijay now represents brands and global formats including 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.
The combined group will be led by Chief Executive Officer, Marco Bassetti, with Sophie Turner Laing stepping down from her role as Chief Executive Officer of Endemol Shine Group. Turner Laing’s final day will be Friday 10th July.
Marco Bassetti, Chief Executive Officer, Banijay said: “The close of this unique deal represents the joining of two businesses built on entrepreneurialism, creativity and people. Aligned in thinking, and approach, we now stand together as the world’s largest international content creation and distribution group. Expanding our catalogue and investment in high-quality, multi-genre IP, extending our footprint significantly, and welcoming a number of new world-class creatives, we hope to become a go-to for clients, and home for the best talent to create the most innovative and fresh scripted and non-scripted programming. With newfound scale and increased strength in the industry, we are excited by the path ahead. I’d like to finish by thanking Sophie for her ongoing support and hard work in such a challenging year.”
Sophie Turner Laing, Chief Executive Officer, Endemol Shine Group comments: “This deal bookmarks a creatively rich, commercially successful and relentlessly prolific five and a half years as Endemol Shine Group. It has been a real privilege and honour to lead such a talented and dynamic group of people, each of whom has played their part in, and should be proud of, our many collective successes over this time. As the start of an exciting new chapter in the company’s story, it is also the appropriate time for me to step down as CEO, and I wish Marco and his team the very best for the future.”
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