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24.03.2025 / 12:11

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Ciao, Endeavor: Ari Emanuel Gives Up CEO Role as $25 Billion Go-Private Deal Closes; the Renamed WME Group Led by Mark Shapiro

Todd Spangler NY Digital Editor It’s the end of the line for Endeavor, at least as the company’s public-facing name. On Monday, Endeavor announced the closing of the deal to go private with private-equity firm Silver Lake. With the move, Endeavor is changing its name to WME Group, reflecting its refocusing on the representation business.

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TKO Launches Boxing Promotion Partnership With Saudi Arabia’s Turki Alalshikh, Sela Group

UFC and WWE parent TKO Group has, as promised, jumped into boxing, inking a partnership with Saudi Arabia. The deal with HE (His Excellency) Turki Alalshikh, chairman of the Saudi General Entertainment Authority, and Sela, the Saudi national entertainment and events conglomerate, will establish a new boxing promotion that will provide a platform for leading boxers and prospects in the sport.

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Saudi Arabia’s General Entertainment Authority Chief Forges ‘Landmark’ Boxing Promotion Partnership With TKO and Saudi’s Sela

Nick Vivarelli International Correspondent Turki Alalshikh, the chairman of Saudi Arabia‘s General Entertainment Authority, has forged a multi-year boxing promotion partnership with U.S. sports and entertainment conglomerate TKO and Saudi sports marketing company Sela in what is being touted as a landmark deal. Alalshikh – who has long been a driving force behind Saudi’s rise as a global hub for sports and entertainment – is known to be a big boxing fan and one of the most influential figures in this sport.

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2028 Summer Games In L.A. Will Be “Donald Trump’s Olympics”, Endeavor And TKO Exec Mark Shapiro Predicts: “He Is Going To Walk Out Of Office With The Trophy”

Despite the setback of this year’s wildfires, the 2028 Los Angeles Olympics will be “out-of-control good” and credit for their success will be taken by Donald Trump, according to Endeavor and TKO exec Mark Shapiro.

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Endeavor Sees Mixed Q3 With Assets In Flux As It’s Set To Go Private

Endeavor had a mixed third quarter driven by sports, representation and with a big revenue boost from the Summer Olympics in Paris.

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UFC & WWE Parent TKO Group Invests In EverPass Media, A Distributor Of NFL Sunday Ticket And Other Sports Properties To Commercial Businesses

UFC and WWE parent TKO Group Holdings has made an investment in EverPass Media, a distributor of live sports and entertainment programming to commercial businesses.

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Ari Emanuel Earned $65 Million Pay Package in 2023 as CEO of TKO Group, Parent of WWE and UFC

Todd Spangler NY Digital Editor Ari Emanuel, in his capacity as CEO of TKO Group Holdings — the parent company of UFC and WWE — had a compensation package last year that hit nearly $65 million. TKO granted Emanuel, who also is CEO of Endeavor, a base salary of $911,538, plus a $24 million cash bonus and stock awards worth $40 million in 2023, per a regulatory filing by TKO. All told, the exec’s pay package totaled $64.91 million.

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Ari Emanuel Saw $65 Million Pay Package Last Year As CEO Of TKO Group

Ari Emanuel, CEO of TKO Group as well as the soon-to-be-private Endeavor, saw a pay package valued at $64.9 million in 2023 as CE0 of TKO Group, the home of WWE and UFC. TKO is a relatively new company that started trading on the New York Stock Exchange last September.

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Endeavor And TKO Group Are Buying $311M More In Stock From Vince McMahon, But The Disgraced Ex-WWE Boss Still Has A Large Stake

More of former TKO Group Executive Chairman Vince McMahon‘s large stake in the company is changing hands, with Endeavor and TKO agreeing to buy a combined $311.2 million of his stock.

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New Patrick Whitesell Venture Will Get $250 Million From Silver Lake As Part Of Taking Endeavor Private

Silver Lake’s plan to take Endeavor private includes an investment of $250 million of seed equity “into a new business to be founded, managed and controlled” by executive chairman Patrick Whitesell.

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WWE's 'Raw' to Make Historic Move to Streaming In 2025

WWE is making another change with it’s Monday Night Raw programming!

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Netflix to show WWE Raw wrestling from 2025

WWE‘s weekly flagship wrestling programme Raw will be shown on Netflix from next year.Starting in January 2025, Netflix will become the exclusive new home of Raw in the US, Canada, UK and Latin America, among other territories, with additional countries and regions to be added over time. This also marks Raw‘s departure from linear television after 31 years.Netflix is also set to show all WWE shows and specials outside the US, including its other weekly shows SmackDown and NXT, as well as the company’s Premium Live Events, including WrestleMania, SummerSlam and Royal Rumble.“This deal is transformative,” said Mark Shapiro, president of WWE’s holding company TKO, in a press release.

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Matthew Modine on His Role in ‘Oppenheimer’ and Producing Nuclear Testing Doc ‘Downwind’: ‘This Insanity Hasn’t Stopped’

Addie Morfoot Contributor In “Downwind,” a documentary executive produced by Matthew Modine, directors Mark Shapiro and Douglas Brian Miller chronicle the lethal effects that nuclear testing on American soil has had on U.S. citizens. The Oscar hopeful reveals that from 1951 to 1992, Mercury, Nevada, was the site for the testing of 928 large scale nuclear weapons.

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Endeavor Management Team To Buy Shares In TKO Group Holdings As Former WWE Chief Vince McMahon Sells Almost One-Third Of His Stake

Vince McMahon, the longtime former CEO of WWE, is selling nearly one-third of his stake in TKO Group Holdings.

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Vince McMahon to Sell More Than $700 Million Worth of Stock in TKO, the Combo of WWE and UFC

Todd Spangler NY Digital Editor Vince McMahon is cashing out. McMahon, the former CEO of WWE, intends to offer 8.4 million shares of Class A common stock in TKO Group, the company formed by the merger of WWE and UFC, which was engineered by Endeavor. Those shares are currently worth about $713 million at TKO’s most recently closing share price.

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Endeavor CEO Ari Emanuel Hopes For End To Actors Strike “In The Next Couple Days”; Company Says Dual Walkouts Cut Q3 Revenue By $40M To $50M, Expects More Damage In Q4

Endeavor CEO Ari Emanuel expressed hope that “the strike ends in the next couple days,” referring to the SAG-AFTRA impasse still paralyzing Hollywood.

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Endeavor Sees Revenue and Expenses Rise in Q3; Wall Streeters Set to Press Execs on Asset Sales and Going Private

Cynthia Littleton Business Editor In the quarter that included the marriage of UFC and WWE under the TKO Group umbrella, Endeavor saw its Q3 revenue rise despite headwinds from Hollywood strikes and other market conditions, but operating expenses climbed even more. Endeavor’s conference call with analysts today is expected to give Wall Streeters a chance to grill company executives, including CEO Ari Emanuel and Mark Shapiro, president and chief operating officer, on the news earlier this month that Endeavor is considering “strategic alternatives” for some of its businesses.

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WWE 'Smackdown' Is Moving to a New Network in 2024

A major WWE show is moving to a new network.

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