You will be redirected back to your article in seconds

Endemol ups revenue forecast

Game shows boost Q3 earnings

LONDON — 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.

Recent media reports suggest sale could take place in the first quarter of 2007, following last month’s resolution of a long-running dispute with subsidiary, Endemol France, over bonus payments.

The dispute meant the subsid was excluded from last year’s flotation of a 22% stake in the company.

Banking sources expect Endemol to be sold for up to $3.1 billion.

More TV

  • Richard Valeriani

    Former 'NBC Nightly News' Correspondent Richard Valeriani Dies at 85

    LONDON — 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 […]

  • 'Problem Areas': Wyatt Cenac on Finding

    'Problem Areas' Host Wyatt Cenac on Finding the Solutions to Today's Issues

    LONDON — 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 […]

  • Heather Locklear arrested

    Heather Locklear Hospitalized, Reportedly Undergoing Psychiatric Evaluation

    LONDON — 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 […]

  • Jon Bernthal The Walking Dead

    Jon Bernthal to Appear in 'Walking Dead' Season 9

    LONDON — 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 […]

  • Liz Friedman, SPTV

    Liz Friedman Signs Sony Pictures TV Deal

    LONDON — 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 […]

More From Our Brands

Access exclusive content