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Endeavor Q1 Revenue Climbs On WWE-UFC Merger, But Most Of Its Divisions Slip
Endeavor Group Holdings posted a 16% increase in total revenue in the first quarter thanks to the WWE-UFC merger, though the company’s divisions outside of Owned Sports Properties each saw downturns.
Total revenue came in at $1.85 billion, with the rise from a year ago largely due to the influx from…
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By Dade Hayes
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0 Comments Comment on Endeavor Q1 Revenue Climbs On WWE-UFC Merger, But Most Of Its Divisions Slip
TKO Group Posts Better-Than-Expected Revenue In Q1, But UFC Legal Settlement Squeezes Endeavor-Run Combat Sports Outfit
TKO Group Holdings posted better-than-anticipated revenue but saw a March antitrust settlement with UFC fighters squeeze its bottom line.
The company, formed through the merger of WWE and UFC last September, is run by Endeavor Group Holdings. Endeavor recently unveiled a plan to go private, which…
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By Dade Hayes
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Ari Emanuel Sees $84 Million Endeavor Pay Package For 2023
Endeavor CEO Ari Emanuel’s 2023 pay package totaled $83.9 million, according to the company’s proxy statement today. That includes $65 million in compensation last year as chief executive of TKO Group, the new public company that’s controlled by Endeavor.
His Endeavor bundle includes a $4.9 million…
Ari Emanuel Saw $65 Million Pay Package Last Year As CEO Of TKO Group
Ari Emanuel, CEO of TKO Group as well as the soon-to-be-private Endeavor, saw a pay package valued at $64.9 million in 2023 as CE0 of TKO Group, the home of WWE and UFC. TKO is a relatively new company that started trading on the New York Stock Exchange last September.
Emanuel’s compensation included…
U.S. Ambassador To The UK Jane D. Hartley Pays Tribute To BBC Sports Presenter Alex Scott: “She Has Inspired Millions”
BBC presenter Alex Scott received a glowing tribute from the U.S. Ambassador to the UK at a high-profile event in London last night.
Speaking to an audience at a Women in Sport reception, Jane D. Hartley said Scott had inspired “millions of girls to dream bigger, and inspired millions of boys to look…
New Patrick Whitesell Venture To Get $250 Million From Silver Lake As It Takes Endeavor Private; Whitesell, Ari Emanuel Will Each Receive A Plane
Silver Lake's plan to take Endeavor private includes an investment of $250 million of seed equity "into a new business to be founded, managed and controlled" by executive chairman Patrick Whitesell.
The business will include “investing in and providing services to companies in the entertainment…
Endeavor Going Private In Deal Valued At $13 Billion
Endeavor Group Holdings, parent of talent agency WME and controlling shareholder in combat sports powerhouse TKO Group, is going private.
Private equity firm Silver Lake Capital is leading the privatization, which the company describes Tuesday as the largest in media and entertainment history and the…
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By Dade Hayes
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Endeavor-Run TKO Group Pays $335 Million To Settle Antitrust Suit By UFC Fighters
TKO Group Holdings, the Endeavor-run parent of the UFC, has agreed to pay $335 million to settle a lawsuit filed nearly a decade ago by fighters in the mixed-martial-arts organization.
The settlement comes weeks before a trial was scheduled to start, with potential damages reaching up to $1.6…
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By Dade Hayes
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Endeavor Declines To Take Questions From Wall Street On Earnings Call As It Evaluates Strategic Alternatives – Will Update “When There Is More Information To Share”
UPDATED with call: Endeavor opted not to take questions on a call with analysts after quarterly earnings today, citing a strategic review process announced last fall.
CEO Ari Emanuel said the process is ongoing to "maximize value for our shareholders" and the company “will provide an update when…
Endeavor-Run TKO Group Posts Revenue Of $614M In Its First Full Quarter
Endeavor-controlled ring sports giant TKO Group Holdings reported $614 million in total revenue in the fourth quarter, along with a slight dip in UFC profits.
It was the first batch of full quarterly operating results for the WWE and UFC parent company and followed a burst of news in January. Within…
Endeavor-Backed Asylum Entertainment Group Invests In British Producer Soho Studios Entertainment
EXCLUSIVE: Steve Michaels, boss of Asylum Entertainment Group, is continuing his Endeavor-backed M&A drive.
The company has invested in British production company Soho Studios Entertainment, founded by former Alaska TV and Zodiak exec Ian Lamarra.
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Sexual Assault & Sex Trafficking Claims Against Vince McMahon Affixed To Ongoing Probe By Feds
Federal authorities are in contact with women regarding recent sexual assault and sex trafficking allegations against Vince McMahon.
This latest news, first reported by the WSJ today, comes after a shocking lawsuit by a former employee last week saw the longtime impresario resign as executive…
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