TV

Banijay denies sale preparations

Banijay has issued a statement denying that its founder, Stéphane Courbit, is preparing to sell the company to French media group Lagardère.
February 25, 2013

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.

About The Author
Managing editor with realscreen publication, an international print and online magazine that covers the non-fiction film and television industries. Darah is an award-winning journalist who has spent over two decades covering a wide range of issues from real estate and urban development to immigration, politics and human rights, primarily with The Vancouver Sun. Prior to joining realscreen, she was editor of Stream Daily, realscreen's sister publication covering the dynamic global digital video industry. She also served a stint as a war reporter in Afghanistan for television and print, and was a national business blogger with Yahoo Canada.

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