Endeavor Group Holdings

Endeavor Announces Q1 2024 Cash Dividend

Retrieved on: 
Friday, March 1, 2024

Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor” or the “Company”), a global sports and entertainment company, today announced that it has declared a quarterly cash dividend in an aggregate amount of approximately $27 million.

Key Points: 
  • Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor” or the “Company”), a global sports and entertainment company, today announced that it has declared a quarterly cash dividend in an aggregate amount of approximately $27 million.
  • The dividend to Endeavor’s Class A common stockholders, following the distribution from Endeavor Operating Company to the Company, will be $0.06 per share.
  • The dividend will be paid on March 29, 2024 to Class A common stockholders of record as of March 15, 2024.
  • Future declarations of quarterly dividends are subject to the determination and discretion of Endeavor based on its consideration of various factors, such as its results of operations, financial condition, market conditions, earnings, cash flow requirements, restrictions in our debt agreements and legal requirements and other factors that Endeavor deems relevant.

New to The Street Announces its 553rd Episode TV Line Up, Featuring Five Corporate Guests, Airing on the FOX Business Network, Monday, February 5, 2024, 10:30 PM PT

Retrieved on: 
Friday, February 2, 2024

Specializing in sales/marketing, revenue management solutions, and guest services, property owners and renters have had great experiences when engaging the Company .

Key Points: 
  • Specializing in sales/marketing, revenue management solutions, and guest services, property owners and renters have had great experiences when engaging the Company .
  • With a national footprint, property owners can expand beyond local or regional markets, optimizing rental listings to increase rental opportunities.
  • Heather explains that owners become actual CEOs of their properties, enhanced by a back-office team using technology and providing service support.
  • The Compass Collection can assist an owner looking for a more sophisticated level of infrastructure, which can promote higher revenues and rental bookings.

New to The Street TV Announces Episode #552 with its Five Business Guest Interviews, Airs on Bloomberg TV as Sponsored Programming, Tonight, February 1, 2024, at 9:30 PM PT

Retrieved on: 
Thursday, February 1, 2024

New to The Street's TV episode #552 will air the following five (5) business interviews:

Key Points: 
  • New to The Street's TV episode #552 will air the following five (5) business interviews:
    1).
  • As a clinical-stage biopharmaceutical business, ACXP is developing a new class of antibiotics for life-threatening bacterial infections.
  • Based on positive data from Phase 2a and Phase 2b, management is now going forward with the FDA Phase 3.
  • The Company compared its top-line data with the currently used standard-of-care drugs in the marketplace, and Ibezapolstat has impressive positive results .

Endeavor to Announce Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, January 30, 2024

Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor”), a global sports and entertainment company, will release its fourth quarter and full year 2023 results before market hours on Wednesday, February 28, 2024.

Key Points: 
  • Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor”), a global sports and entertainment company, will release its fourth quarter and full year 2023 results before market hours on Wednesday, February 28, 2024.
  • The live teleconference to discuss these results and provide a business update is scheduled for 5 a.m. PT / 8 a.m.
  • The earnings release, any accompanying presentation materials and the live call will be accessible via Endeavor’s IR site – investor.endeavorco.com.
  • A recording of the teleconference will also be available on Endeavor’s IR site shortly following the call and will be available for at least 30 days.

Endeavor Announces Q4 2023 Cash Dividend

Retrieved on: 
Friday, December 1, 2023

Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor” or the “Company”), a global sports and entertainment company, today announced that it has declared a quarterly cash dividend in an aggregate amount of approximately $27 million.

Key Points: 
  • Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor” or the “Company”), a global sports and entertainment company, today announced that it has declared a quarterly cash dividend in an aggregate amount of approximately $27 million.
  • The dividend to Endeavor’s Class A common stockholders, following the distribution from Endeavor Operating Company to the Company, will be $0.06 per share.
  • The dividend will be paid on December 29, 2023 to Class A common stockholders of record as of December 15, 2023.
  • Future declarations of quarterly dividends are subject to the determination and discretion of Endeavor based on its consideration of various factors, such as its results of operations, financial condition, market conditions, earnings, cash flow requirements, restrictions in our debt agreements and legal requirements and other factors that Endeavor deems relevant.

Endeavor Releases Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023

Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor” or the “Company”), a global sports and entertainment company, today released its financial results for the quarterly period ended September 30, 2023.

Key Points: 
  • Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor” or the “Company”), a global sports and entertainment company, today released its financial results for the quarterly period ended September 30, 2023.
  • Events, Experiences & Rights segment revenue was $367.1 million for the quarter, down $27.1 million, or 6.9%, compared to the third quarter of 2022.
  • Representation segment revenue was $385.6 million for the quarter, down $2.7 million, or 0.7%, compared to the third quarter of 2022.
  • Adjusted EBITDA was $96.3 million for the quarter, down $36.6 million, or 27.5%, compared to the third quarter of 2022.

Silver Lake Considers Take-Private of Endeavor

Retrieved on: 
Wednesday, October 25, 2023

To that end, Silver Lake is currently working toward making a proposal to take Endeavor private.

Key Points: 
  • To that end, Silver Lake is currently working toward making a proposal to take Endeavor private.
  • Silver Lake firmly believes in Endeavor’s business and is not interested in selling its shares in Endeavor to a third-party nor in entertaining bids for assets that are a part of Endeavor.
  • Silver Lake is the owner of approximately 71% of the voting power of Endeavor.
  • There is no guarantee that Silver Lake will make any proposal or pursue any transaction with respect to Endeavor, and, if any such proposal is made, Silver Lake can provide no assurances that a transaction will be executed or successfully consummated.

Endeavor Announces Review of Strategic Alternatives

Retrieved on: 
Wednesday, October 25, 2023

Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor” or the “Company”), a global sports and entertainment company, today announced the initiation of a formal review to evaluate strategic alternatives for the Company.

Key Points: 
  • Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor” or the “Company”), a global sports and entertainment company, today announced the initiation of a formal review to evaluate strategic alternatives for the Company.
  • As part of this review of strategic alternatives, the Company will not consider the sale or disposition of the Company’s interest in TKO Group Holdings, Inc.
    “Given the continued dislocation between Endeavor’s public market value and the intrinsic value of Endeavor’s underlying assets, we believe an evaluation of strategic alternatives is a prudent approach to ensure we are maximizing value for our shareholders,” said Ariel Emanuel, CEO of Endeavor.
  • Endeavor has not set a deadline or definitive timetable for the completion of the strategic alternatives review process, and there can be no assurance that this process will result in any particular outcome.
  • The Company does not intend to comment further regarding the review of strategic alternatives until it determines disclosure is necessary or advisable.

Endeavor and TKO CEO Ariel Emanuel to Participate in Bloomberg’s Screentime Conference

Retrieved on: 
Monday, October 2, 2023

Endeavor Group Holdings, Inc. (NYSE: EDR), a global sports and entertainment company, and TKO Group Holdings, Inc. (NYSE: TKO), a premium sports and entertainment company, today announced that CEO Ariel Emanuel will participate in the Bloomberg Screentime conference on Wednesday, October 11, 2023 at 6:40pm PT / 9:40pm ET.

Key Points: 
  • Endeavor Group Holdings, Inc. (NYSE: EDR), a global sports and entertainment company, and TKO Group Holdings, Inc. (NYSE: TKO), a premium sports and entertainment company, today announced that CEO Ariel Emanuel will participate in the Bloomberg Screentime conference on Wednesday, October 11, 2023 at 6:40pm PT / 9:40pm ET.
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20230929443792/en/

Endeavor Announces Close of UFC® and WWE® Transaction to Create TKO Group Holdings, a Premium Sports and Entertainment Company

Retrieved on: 
Tuesday, September 12, 2023

Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor”) and World Wrestling Entertainment, Inc. (previously NYSE: WWE) (“WWE”) today announced the close of their previously announced agreement and the launch of TKO Group Holdings, Inc. (NYSE: TKO) (“TKO”).

Key Points: 
  • Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor”) and World Wrestling Entertainment, Inc. (previously NYSE: WWE) (“WWE”) today announced the close of their previously announced agreement and the launch of TKO Group Holdings, Inc. (NYSE: TKO) (“TKO”).
  • Through this combination, TKO will leverage Endeavor’s expertise in areas including domestic and international media rights, ticket sales and yield optimization, event operations, global partnerships, licensing, and premium hospitality to drive revenue growth.
  • “The creation of TKO marks an exciting new chapter for UFC and WWE as leaders in global sports and entertainment,” said Ariel Emanuel, CEO of Endeavor and TKO.
  • “Given their continued connectivity to the Endeavor network, we are confident in our ability to accelerate their respective growth and unlock long-term sustainable value for shareholders.