Zinc Media wins major new production contracts worth £4m

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Zinc Media Group plc (LON:ZIN), the award-winning television, brand and audio production group, has announced it has won major new production contracts worth a combined £4m of revenue to the Group. The specifics of these commissions will remain confidential until the broadcasters release details at a later date. These new contract wins keep the Group on track to deliver results for FY24 in line with market expectations.*

One commission is a new multi-million pound series for a major global streaming platform, produced by the Group’s newest label, Atomic Television. Atomic’s first series, ‘Defending Europe‘ was commissioned last year by the National Geographic Channel and is available on Disney+ and Hulu. The series, which explores 1,000 years of European military history, launched in the UK on 16 September 2024.

In addtion, Zinc has been commissioned by a global music label to produce a major new biopic on one of the biggest pop bands of the 20^th century. This seven-figure revenue production, which comes from a new customer, is due to be filmed towards the end of FY24 and early FY25. This commission further expands Zinc’s client base and builds on the Group’s reputation for high profile music based series. It comes off the back of ‘Paid in Full – The Battle for Black Music‘, which is executive produced by Idris and Sabrina Elba and will air on the BBC on 21 September.

Both commissions will do all post production within Zinc Media’s wholly owned post production house, Bumblebee.

Full details of the new contracts will be released in the News section of Zinc’s website here: https://zincmedia.com/news-press/ as the broadcasters release editorial details of their schedules and programmes. Investors can see where Zinc programmes are available to watch by visiting the ‘What’s on TV’ section on the company website here: https://zincmedia.com/what-to-watch-on-tv/ Further news about Zinc’s content is also available in the latest investor newsletter available here https://zincmedia.com/newsletter/

Mark Browning, Chief Executive Officer, Zinc Media Group, says:

“Zinc continues to win new commissions from across the spectrum of unscripted television, from both UK and international buyers and from streamers and traditional linear channels. Our diverse range of new TV labels, combined with The Edge production business, gives Zinc access to commissions, at a variety of price points, from all over the world.”

*Market expectations for FY24 revenue and EBITDA are £41.0m and £2.1m respectively.