Latest in Endeavor

Endeavor, whose revenue has dropped 70% during the coronavirus pandemic, has secured a $260 million term loan as an extra cushion. Sources familiar with the transaction tell Deadline it carries an interest rate of a bit less than 11%. The company had previously taken out a $2.8 billion loan. Last month, Endeavor said…

Endeavor Group will be selling a chunk of its stake in video game publisher Epic Games as part of a new round of fundraising for the company behind Fortnite, Deadline has confirmed. Endeavor has been dogged by debt and struggling for cash as the coronavirus hits its diverse businesses hard, especially live events. The…

The cuts Deadline described last month for Endeavor are taking shape and will be felt through its many divisions including WME and Endeavor Content. The company, which has 7,500 employees, said Wednesday it will see one-third of its workers impacted by either furloughs, reduced work for reduced pay, or elimination of…

EXCLUSIVE: A note was sent out today to Endeavor staff by toppers Ari Emanuel and Patrick Whitesell, in which they describe their first round of cutbacks following the debilitating coronavirus pandemic. The toppers will not take salaries for the year. There will be cuts about 250, coming mostly from the elimination of…

Endeavor is among the investors in online community content platform Tongal. The platform, which has struck partnerships with the likes of NBCUniversal, National Geographic, Warner Bros and Simon Cowell, has raised $13M investment led by global venture capital and private equity firm Insight Partners. Last year…

Legion M, which bills itself as the world's "first fan-owned entertainment company," has signed an advisory agreement with Endeavor Content to accelerate development of Legion M’s expanding slate of film and TV projects. The partnership will plug Legion M into Endeavor Content’s full battery of advisory services…

Endeavor is making a $250,000 donation to the Red Cross for disaster relief necessitated by the Australian bush fires. The organization is encouraging client, partner, and fan engagement across all of their respective areas of business. All business units, including WME, IMG, UFC, and PBR, are part of the Endeavor…

Endeavor said Thursday it has acquired a majority equity ownership stake in On Location Experiences, the high-end experiential hospitality company. The deal, which has been in the works for a while, is thought to be for around $650 million-$700 million. On Location, originally a part of the NFL, has been privately…

CAA is looking to raise around $400M to buy back equity from its agents and executives. This is a meaningful way of rewarding the agency’s top earners who’ve built the company, while keeping them in house — a move that’s very much akin to the upside an IPO would bring. CAA’s move to raise such cash comes in the wake…

Endeavor on Friday said that it has acquired The Harry Walker Agency, one of the preeminent speakers rep agencies in the industry. Its client roster includes former presidents Barack Obama and Bill Clinton, as well as Nobel laureates, prominent corporate executives, journalists, activists and celebrities. "The Harry…

Endeavor is consolidating its representation and management businesses in a new unit run by Lloyd Braun. The former ABC Entertainment Television Group chairman has been named President of Endeavor’s Client Group, which includes entertainment agency WME; fashion management companies IMG Models, The Wall Group, Art +…

Endeavor Global Marketing has rebranded as 160over90, adopting the name of the Philadelphia-based agency it acquired in 2018. The marketing unit’s client roster includes AB InBev, Audi, Dick's Sporting Goods, HSBC, Lightlife, Marriott International and Visa, served from offices in several cities around the world…