Confirmation of Mediawan growth
+20.7% like for like over the first nine months of 2019
Regulatory News:
Mediawan (Paris:MDW):
Sales for the first nine months of 2019 reached €240.7 million, a 39.4% increase on the same period in the previous year, driven by the momentum of production companies forming the Originals division and a strong revenue contribution from Mediawan Animation with “Playmobil: The Movie”. Growth was 20.7% on a like-for-like basis.
Sales in Q3 2019 were affected by the usual seasonal factors and amounted to €52.0 million (similar to Q3 2018), mainly driven by Thematics and Originals.
Reported sales over the first nine months of 2019
|
9 months 2019 |
9 months 2018 |
Reported growth |
Like-for-like growth |
Mediawan Originals |
80.7 |
52.0 |
55.2% |
22.3% |
Mediawan Animation |
56.7 |
12.1 |
370% |
105% |
Mediawan Rights |
24.4 |
28.8 |
-15.2% |
-7.5% |
Mediawan Thematics |
78.8 |
79.4 |
-0.8% |
-0.8% |
Total |
240.71 |
172.71 |
39.4% |
20.7% |
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Pierre-Antoine Capton, Chair of the Management Board of Mediawan, said: “Mediawan’s momentum shows how relevant our unique model is, combining production and distribution as we will do in the first co-production between France and Italy with “Pinocchio & le Village Enchanté”. Our strategy fits with a sector that is growing due to an increasing demand for premium content both from our long-standing broadcasting partners and new market players, as shown by our recent agreements with Canal+ Africa and Amazon Prime. 2019 allowed us to build on our achievements, create a powerful local ecosystem with highly successful content and also look forward to international projects in 2020.”