Endemol ups rev growth forecast

World Brief

Format giant Endemol has upped its revenue growth forecast for the year thanks to a strong third quarter powered by “Deal or No Deal,” which airs in 45 territories and pumped demand for gamers worldwide.

In a statement released Thursday, it said it expected revenues to grow by more than 15% in 2006 up from its previous 11%-13% year-on-year estimate. Revenues in 2005 were e900 million ($1.2 billion)

Riding on “Deal or No Deal’s” success, Endemol racked up sales on other formats including “Show Me the Money,” “Set for Life” and “1 vs.100.”

The announcement came amid growing speculation about the long-expected sale of the Netherlands-based company by its Spanish owners, Telefonica. Banking sources expect Endemol to be sold for up to $3.1 billion.

More Biz

  • STX Targeting August IPO in Hong

    STX Targeting August IPO in Hong Kong (Report)

    Format giant Endemol has upped its revenue growth forecast for the year thanks to a strong third quarter powered by “Deal or No Deal,” which airs in 45 territories and pumped demand for gamers worldwide. In a statement released Thursday, it said it expected revenues to grow by more than 15% in 2006 up from […]

  • EXCLUSIVE: AR for US, UK and

    Pussy Riot Claims Responsibility for People Running Onto Field During World Cup

    Format giant Endemol has upped its revenue growth forecast for the year thanks to a strong third quarter powered by “Deal or No Deal,” which airs in 45 territories and pumped demand for gamers worldwide. In a statement released Thursday, it said it expected revenues to grow by more than 15% in 2006 up from […]

  • Former Billboard CEO Accused of Sexual

    Former Billboard CEO John Amato Accused of Sexual Harassment and Other Misconduct

    Format giant Endemol has upped its revenue growth forecast for the year thanks to a strong third quarter powered by “Deal or No Deal,” which airs in 45 territories and pumped demand for gamers worldwide. In a statement released Thursday, it said it expected revenues to grow by more than 15% in 2006 up from […]

  • Instagram

    Instagram Suffers Global Outage

    Format giant Endemol has upped its revenue growth forecast for the year thanks to a strong third quarter powered by “Deal or No Deal,” which airs in 45 territories and pumped demand for gamers worldwide. In a statement released Thursday, it said it expected revenues to grow by more than 15% in 2006 up from […]

  • Harvey Weinstein arrives to court in

    Harvey Weinstein Attorney Says He Was Misquoted in 'Roles for Sex' Interview

    Format giant Endemol has upped its revenue growth forecast for the year thanks to a strong third quarter powered by “Deal or No Deal,” which airs in 45 territories and pumped demand for gamers worldwide. In a statement released Thursday, it said it expected revenues to grow by more than 15% in 2006 up from […]

  • hearst logo

    Hearst Agrees to Pay $50 Million to Settle Data-Privacy Lawsuit

    Format giant Endemol has upped its revenue growth forecast for the year thanks to a strong third quarter powered by “Deal or No Deal,” which airs in 45 territories and pumped demand for gamers worldwide. In a statement released Thursday, it said it expected revenues to grow by more than 15% in 2006 up from […]

  • Randall Stephenson

    AT&T Stock Drops on Justice Department's Appeal of Time Warner Merger Ruling

    Format giant Endemol has upped its revenue growth forecast for the year thanks to a strong third quarter powered by “Deal or No Deal,” which airs in 45 territories and pumped demand for gamers worldwide. In a statement released Thursday, it said it expected revenues to grow by more than 15% in 2006 up from […]

More From Our Brands

Access exclusive content