Latest in Endeavor Group Holdings

Endeavor CEO Ari Emanuel’s 2021 compensation reached $308.2 million, at least on paper, thanks to the company’s initial public offering last April. In part of a set of SEC filings released Wednesday evening as the company reported fourth-quarter financial results, Endeavor said the “recognized compensation” was…

Endeavor CEO Ari Emanuel, who has long espoused the benefits of streaming’s boom times, said he’s “not nervous” about Warner Bros Discovery possibly pumping the brakes as it looks to take on Netflix and Disney. Discovery chief David Zaslav, as Emanuel was reminded during Endeavor’s fourth-quarter earnings call…

Tesla and SpaceX founder Elon Musk plans to exit the board of directors of Endeavor Group Holdings in June. The company disclosed the departure Wednesday in an SEC filing, which conveniently landed due to SEC rules just as the company was starting its quarterly conference call with Wall Street analysts. The owner of…

Endeavor Group Holdings, which went public nearly a year ago, closed 2021 with a net loss but exceeded Wall Street revenue forecasts. Losses totaled $16.7 million in the fourth quarter ending December 31, though that was more than three times narrower than the year-ago period’s $56.5 million. Adjusted earnings before…

(UPDATED with Endeavor statement) No one is ever going to say that Ari Emanuel doesn't play rough, but a new lawsuit filed today accuses the Endeavor boss of having some very sticky fingers in his well compensated desire to turn his 2019 IPO dreams into a 2021 reality. Seeking a jury trial over breach of implied…

Korea’s CJ ENM, the Asian media giant known for backing projects like the landmark Oscar-winning film Parasite, has closed its acquisition of a controlling stake in Endeavor Content. The entertainment company committed last November to pay $775 million for 80% ownership in the scripted production outfit, which will…

Endeavor Group Holdings has announced plans to buy nine minor league baseball teams, including affiliates of the New York Yankees, Chicago Cubs and St. Louis Cardinals. The company has created a new subsidiary, Diamond Baseball Holdings, and said it is in “late stage negotiations with a handful of other significant…

Endeavor-owned IMG has acquired the presenter of the Mutua Madrid Open, a notable clay-court tennis tournament, as well as the 109-year-old Acciona Open de España golf tournament. In an announcement, IMG said it has set a deal with Super Slam Ltd. and its affiliates the acquire the tournaments. Approval from…

Endeavor Group Holdings CEO Ari Emanuel dismissed the pending acquisition of ICM Partners by CAA as “the type of merger we did 10 years ago.” During an appearance at an online conference hosted by investment bank UBS, Emanuel said his company competes with CAA primarily in film, TV and music. “When we saw where the…

Wrapping a months-long process, Endeavor Group Holding has sealed a deal to sell most of its successful production unit to South Korean media giant CJ ENM. CJ is investing $775 million for 80% of Endeavor Content’s scripted business, according to the official announcement, with the equity valuation reaching $970…

Endeavor Group Holdings is close to a deal to sell a majority interest in its content unit to South Korea media company CJ ENM, according to people familiar with the pending transaction. The CJ investment is said to be in the $900 million to $1 billion range. CJ, which gained a wider profile in Hollywood by backing…

Endeavor CEO Ari Emanuel never brought up the name Scarlett Johansson, whose challenge to Disney alongside her reps at rival CAA has riled the industry. But in a virtual appearance at the Goldman Sachs Communcacopia Conference, the exec said talent is “getting paid very, very well” despite massive shifts in…