Banijay has issued a statement denying that its founder, Stéphane Courbit, is preparing to sell the company to French media group Lagardère.
The statement comes following a report from French business newsletter La lettre de l’expansion within its “Decision Makers” section, claiming that Courbit “again seeks to sell Banijay Group.”
The statement reads: “Stéphane Courbit and Arnault groups and Agnelli, shareholders of Banijay, categorically deny the reports in the press today that he was preparing to sell Banijay and that discussions are underway with Lagardère.”
Banijay Group-owned production companies currently include Banijay Productions France, Germany’s Brainpool and U.S.-based Bunim-Murray Productions, among others. The group also owns the distribution arm Banijay International.