Mediawan Sees Profits Double, Revenues Rise by 13% to $331 Million

Mediawan, the listed company launched in late 2015 by three media industry veterans, saw its annual revenues increase by 13% to 276.1 million euros ($331.10) at constant perimeter and doubled its profits to $32.5 million in 2018. The company also saw its Ebitda margin reach 19% to $55.3 million, a near 100% year-on increase.

An integrated media group specializing in production and distribution for both film and TV, Mediawan was launched by Xavier Niel, the founder of Lliad, the company that operates France’s third-biggest telco group, Free; Mathieu Pigasse, the CEO of Lazard Banque and the founder of Les Nouvelles Editions Independantes, which owns Le Monde, Les Inrocks and Nova Radio; and Pierre-Antoine Capton, the owner of Troisieme Oeil Productions, France’s No. 1 independent TV producer.

Within the last year, Mediawan scored a flurry of major acquisitions to feed its pipeline of premium fiction, animation and documentaries. After acquiring the documentary production company Clarke Costelle & Co. (“Apocalypse: The Second World War
See full article at Variety »

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