Endemol expects organic growth in turnover to the tune of 15 per cent

MUMBAI: Television format creator and distributor Endemol has announced that the sound performance in the first half-year of 2006 continued into the third quarter of 2006. The company has enjoyed growth in all genres and most of its territories.
The overall financial outlook for 2006 remains good. Turnover is expected to grow organically by more than 15 per cent. The previous guidance 11-13 per cent.

The performance has been fuelled by the success of the game show Deal or No Deal. The show Endemol says has enjoyed popularity in most of the 45 territories where it has been produced so far this year, the most significant examples being the US and the UK. The success of DOND triggered an increasing demand for game shows worldwide. This has had a very positive effect for Endemol, helping the company to close a number of deals in several territories for other game shows.

These include 1 vs. 100 a revamped format from Endemol’s library, and new formats Show me the Money and Set for Life. 1 vs. 100 is already sold in 15 territories, and is likely to roll out further in the near future thanks to successful debuts in the USA on NBC and in the UK on BBC One. The show’s mid-October launch on NBC scored the highest 18-49 rating for any non-sports Friday telecast on any network since January 2005. NBC ordered 10 additional episodes just after its launch. On BBC ONE the show has been achieving very strong ratings, peaking at 7.4 million viewers and a 33.6% share.

Endemol CEO Elías Rodríguez-Viña says, “In the third quarter we have continued to perform strongly across the group. We are confident that the full year results will continue to show growth in turnover and looking further ahead we remain optimistic about the future of the group."

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