Endemol posts 24% growth in turnover

MUMBAI: Televison format creator and distributor Endemol has announced its results for 2006.

It recorded a turnover of 1,117.4 million euros. This was a 24.1 per cent growth compared to 2005. Organic growth was 20.9 per cent.

Net income attributable to the shareholders was 96.8 million euros which is 8.7 per cent of the turnover. This marks a 17.2 per cent growth compared to 2005.

Earnings per share was 0.77 euros compared to 0.66 euros in 2005. The company says that there was growth in all genres. There was a 22.2 per cent gain in non-scripted, 8.5 per cent growth in scripted and 65.3 per cent rise in digital media. Growth, it says, took place in almost all territories. The standout performers were the UK, US, Italy and Spain.

Endemol CEO Elías Rodríguez-Viña said, “In the last year we have managed to grow in all areas of our business activities, as well as in almost every territory. We are especially pleased with the performance of Deal or No Deal, which has climbed to second place in our Top 10 formats, and which we believe has a very promising future.

" We are also confident about the future prospects of other game shows launched following the success of Dond. For example, 1vs100, a revamped game show from our library, is now being produced in eight countries, and continues to roll out worldwide following successful launches in the US and the U.K.

"Our creative strength and worldwide distribution network are key assets for creating local and global hits, expanding our business and adding value to our company. The acquisition of Endemol France is expected to be earnings enhancing, before acquisition-related amortization, for Endemol from the first year. With Endemol France back into the Group we are looking forward to another year of strong growth in 2007.”

Under expected market circumstances, we forecast to grow organically by 5-7 per cent. Including the reintegration of Endemol France turnover is expected to grow by more than 20 per cent in total in 2007.

Latest Reads
Star World to air 1-5 of 'Homeland'

Star World and Star World HD is all geared up to air the pulse-pounding action series 'Homeland.' The show tackles geopolitical moral conundrums of our current world. It has recently unveiled the teaser for the upcoming season 6 shows how Carrie Mathison will circumvent around another international...

Television TV Channels English Entertainment
Share all World Cup, T-20 feeds with Prasar Bharati, rights holder told

The telecast of all official one-day and Twenty-20 matches played by the Indian Men’s Cricket Team will henceforth have to be shared by the rights holder with the public broadcaster Prasar Bharati under the Sports Broadcasting Signals (Mandatory Sharing with Prasar Bharati) Act 2007.

Television TV Channels Terrestrial
Saregama returns to film music acquisition with Pen pact

Saregama India has inked a two-movie deal with Pen Movies. With this agreement, Saregama has acquired the music rights of upcoming Bollywood releases of Pen which includes Kahaani 2 -- Durga Rani Singh, featuring Vidya Balan and Arjun Rampal.Kahaani 2 is slated for a release on 2 December.

Television TV Channels Music and Youth
Q2-17: Zeel numbers, PAT up on higher Ad and Subscription revenue

The Subhash Chandra led content and broadcast player Zee Entertainment Enterprises Limited (Zeel) reported a 23 per cent hike in consolidated revenue for the quarter ended 30 September 2016 (Q2-17, current quarter) as compared to the corresponding quarter of the previous year.

Television TV Channels GECs
Best Deal TV appoints Hari Trivedi as COO

MUMBAI: Best Deal TV has appointed Hari Trivedi as the chief operating officer with immediate effect. Based in Mumbai, Trivedi will be responsible for overall sales and marketing. He would also be initializing lowest price offers and deals on Best Deal TV.

Television TV Channels People
Disney announces successor of MD Siddharth Roy-Kapur

MUMBAI: Walt Disney International has announced the successor to its former managing director Siddharth Roy-Kapur. As a second stint with the organization, Mahesh Samat has made a comeback and will lead The Walt Disney Company India as the managing director. He will pursue his new responsibility...

Television TV Channels People
Life is more imaginative than fiction in a story like POW, says writer-director Gideon Raff

MUMBAI: Sometimes, coming back home after 17 years is not always a happy ending. "Prisoners of War" is the story of three Israeli soldiers, who were held captive for that many years following their kidnapping while on a secret mission with their unit.

Television TV Shows Thriller
IPL media rights bidding postponed sine die

MUMBAI: The BCCI has made it clear that the media rights auction cannot take place till the time it gets a concrete go-ahead and a formal approval from the Justice RM Lodha committee. Till the evening of 24 October (Monday), BCCI did not receive the okay from the committee which said, "it is in...

Television TV Channels Sports
Q3-16: DIRECTV mitigates AT&T U-Verse TV subscriber numbers fall

BENGALURU: AT&T acquired DIRECTV added 323,000 net subscribers and hence helped mitigate the company’s Entertainment and Internet Services Group (Entertainment) segment’s loss of 326,000 U-Verse subscribers for the quarter ended 30 September 2016 (Q3-16, current quarter). About 70 percent of...

Television TV Channels English Entertainment

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories