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Endeavor Sees Mixed Q3 With Assets In Flux As It’s Set To Go Private
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deadline.comEndeavor had a mixed third quarter driven by sports, representation and with a big revenue boost from the Summer Olympics in Paris.
The company, whose major investor Silver Lake is preparing to take it private next year, saw a $420 million net loss — widened from negative $120 million the year before — on $2.03 billion in revenue, up from $1.2 billion.
Sports properties saw sales of $735 million for the three months ended in September, up 53% on the acquisition of WWE in September of 2023, which contributed $275 million.
UFC sales were softer due to fewer events. PBR, or Professional Bull Riding, saw increases in media rights and ticket sales after adding two teams.
Read more on deadline.com
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