Associated tags: EDR, NYSE, Endeavor Group Holdings, Sports, Entertainment, Endeavour, General Entertainment, Events, Concerts, Licensing (Entertainment), General Sports, Martial Arts, Communications
Locations: NEW YORK, THAILAND, UNITED STATES, NORTH AMERICA, ASIA PACIFIC
General Sports,
Sports,
Other Entertainment,
General Entertainment,
Licensing (Entertainment),
Events,
Concerts,
Licensing (Sports),
Entertainment,
Sale,
Endeavor Group Holdings,
PBR,
Sport,
Partnership,
WWE,
TKO,
Miami Open,
Experience,
Acquisition,
EDR,
UFC,
IMG,
OpenBet,
Silver,
Calendar,
Growth,
IMG Academy,
Barrett-Jackson,
Video game 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 March 31, 2024.
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 March 31, 2024.
- Events, Experiences & Rights segment revenue was $744.9 million for the quarter, down $55.9 million, or 7.0%, compared to the first quarter of 2023.
- Representation segment revenue was $345.3 million for the quarter, down $4.9 million, or 1.4%, compared to the first quarter of 2023.
- Sports Data & Technology segment revenue was $90.7 million for the quarter, down $10.1 million, or 10.1%, compared to the first quarter of 2023.
Other Sports,
Licensing (Sports),
Sports,
Entertainment,
Marketing,
Communications,
Events,
Concerts,
Celebrity,
Licensing (Entertainment),
EDR,
Endeavor Group Holdings,
Silver Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor”), a global sports and entertainment company, will release its first quarter 2024 results before market hours on Thursday, May 9, 2024.
Key Points:
- Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor”), a global sports and entertainment company, will release its first quarter 2024 results before market hours on Thursday, May 9, 2024.
- Following the recent announcement of Endeavor’s definitive agreement to be acquired by Silver Lake, the company will not be hosting an earnings conference call.
- The earnings release and any accompanying presentation materials will be accessible via Endeavor’s IR site – investor.endeavorco.com.
General Sports,
Sports,
Finance,
General Entertainment,
Professional Services,
Events,
Concerts,
Licensing (Sports),
Entertainment,
MSD,
Barclays,
Goldman Sachs,
TKO,
Simpson Thacher & Bartlett,
Endeavor Group Holdings,
EDR,
Royal Bank of Canada,
Latham & Watkins,
Telecommunications,
Committee,
Partnership,
WWE,
Royal Bank,
Lexington Partners,
Cravath, Swaine & Moore,
VWAP,
Endeavor (company),
Centerview Partners,
Kirkland & Ellis,
Bank of America,
BofA Securities,
Sport,
Acquisition,
RBC Capital Markets,
Whitesell,
Growth,
IMG,
BDT,
Deutsche Bank,
Bank,
LLP,
Mubadala Investment Company,
Martha Plimpton,
Music,
UFC,
Management Silver Lake believes that when consolidating all of TKO’s value into Endeavor, the combined total enterprise value of $25 billion will make this the largest private equity sponsor public-to-private investment transaction in over a decade, and the largest ever in the media and entertainment sector.
Key Points:
- Silver Lake believes that when consolidating all of TKO’s value into Endeavor, the combined total enterprise value of $25 billion will make this the largest private equity sponsor public-to-private investment transaction in over a decade, and the largest ever in the media and entertainment sector.
- On the unaffected date, the equity value was $8.2 billion, and the premium to be paid by Silver Lake represents $4.6 billion more equity value to all Endeavor stockholders.
- Ariel Emanuel, CEO of Endeavor, said: "Since 2012, Endeavor’s strategic partnership with Silver Lake and Egon Durban have been central to our evolution into the global sports and entertainment leader we are today.
- Egon, Stephen, and the broader Silver Lake team have been and will continue to be phenomenal partners in Endeavor’s journey, and we look forward to the road ahead.”
Stephen Evans, Managing Director of Silver Lake and a Director of Endeavor, said: “The team at Silver Lake is proud of our longstanding partnership with Endeavor, marked by more than $3.5 billion of direct investment across six distinct transactions over 12 years.
Sports,
Entertainment,
Professional Services,
Events,
Concerts,
General Sports,
Licensing (Sports),
General Entertainment,
Digital Marketing,
Data Analytics,
Marketing,
Communications,
Licensing (Entertainment),
Casino,
Gaming,
EDR,
Endeavor Group Holdings 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.
Retrieved on:
Wednesday, February 28, 2024
General Sports,
General Entertainment,
Entertainment,
Sports,
Diamond,
Acquisition,
Experience,
TKO,
PPV,
Growth,
UFC,
PBR,
Sale,
IMG Academy,
Sport,
IMG,
OpenBet,
Webcast,
WGA,
Major League Soccer,
Miami Open,
WWE,
Barrett-Jackson,
Madrid Open,
Partnership,
Video game “2023 was a transformational year for Endeavor as we strengthened our positions in sports and entertainment through many of our industry-leading assets,” said Ariel Emanuel, CEO, Endeavor.
Key Points:
- “2023 was a transformational year for Endeavor as we strengthened our positions in sports and entertainment through many of our industry-leading assets,” said Ariel Emanuel, CEO, Endeavor.
- At December 31, 2023, cash and cash equivalents totaled $1.167 billion, compared to $1.338 billion at September 30, 2023.
- Total debt was $5.028 billion at December 31, 2023, compared to $5.046 billion at September 30, 2023.
- Endeavor will host an audio webcast to discuss its results and provide a business update at 5 a.m. PT / 8 a.m.
Retrieved on:
Tuesday, January 30, 2024
Entertainment,
Sports,
Film & Motion Pictures,
General Sports,
Licensing (Sports),
Other Sports,
General Entertainment,
Other Entertainment,
Celebrity,
TV and Radio,
Music,
Licensing (Entertainment),
Endeavor Group Holdings,
EDR 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.
General Sports,
Sports,
Entertainment,
Marketing,
Communications,
Extreme Sports,
General Entertainment,
Martial Arts,
Licensing (Entertainment),
NYSE,
EDR,
Endeavor Group Holdings,
Holding company,
Commercial property,
Endeavour 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.
Retrieved on:
Wednesday, November 8, 2023
Other Sports,
Wrestling,
Sports,
Entertainment,
Marketing,
Communications,
Events,
Concerts,
Martial Arts,
Licensing (Entertainment),
Diamond,
Sport,
Sale,
The Armory Show (art fair),
WWE,
Growth,
WGA,
XYZ,
NYSE,
Sports Properties Acquisition Corporation,
Alexander Forbes Group Holdings,
EBITDA,
Share repurchase,
Acquisition,
UFC,
OpenBet,
IMG,
Webcast,
PT,
Experience,
TKO,
Music,
Armory Show,
IMG Academy,
Endeavor Group Holdings,
WME,
AMC Fight Nights,
EDR,
Video game,
Endeavour 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.
Retrieved on:
Wednesday, October 25, 2023
Sports,
Events,
Concerts,
General Entertainment,
Entertainment,
General Sports,
Equity Group Holdings,
Sale,
Endeavor Group Holdings,
Disclosure,
NYSE,
EDR,
Dislocation,
Management,
Endeavour 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.
Retrieved on:
Tuesday, October 10, 2023
Sports,
General Sports,
Other Sports,
Licensing (Entertainment),
Marketing,
General Entertainment,
Events,
Concerts,
Entertainment,
Celebrity,
Communications,
Other Entertainment,
PT,
Neway Group Holdings Limited,
Music Endeavor Group Holdings, Inc. (“Endeavor”), a global sports and entertainment company, will release its third quarter 2023 results before market hours on Wednesday, November 8, 2023.
Key Points:
- Endeavor Group Holdings, Inc. (“Endeavor”), a global sports and entertainment company, will release its third quarter 2023 results before market hours on Wednesday, November 8, 2023.
- 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.
