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08/02/2023

Banijay UK £50m Fund

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Banijay UK has announced a £50 million fund which will supercharge growth for the UK group over the next 3-5 years.

The fund will allow UK CEO Patrick Holland to invest in up-and-coming businesses, to enable existing labels to grow into new genres by adding key creatives and to pursue partnerships with high profile talent.

This initiative sits alongside, and is additional to, continued M&A activity in the UK.

With a focus on scripted, reality, premium documentaries and factual entertainment, the fund will broaden Banijay UK’s genre portfolio and be strategically invested in companies and talent which complement the current business.

The growth fund will be used primarily to take minority stakes in emerging businesses which fit these priorities, hire new creative leaders into existing businesses to grow into new genre areas and also provide start-up funding for new labels.

Patrick Holland, CEO Banijay UK, said: "This is a powerful initiative designed to identity and nurture the most important resource in our industry; talent. Banijay is run by producers for producers, and I want this fund to enable our businesses to invest in creative entrepreneurs who grow the next generation of great ideas and amazing IP. This is a major commitment to the UK market from Banijay Group and I cannot wait to announce the first tranche of investments both in individuals and in new fledgling businesses."

www.banijay.com
VMI.TV Ltd

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