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Silver Lake Ari Emanuel Patrick Whitesell Mark Shapiro Richard Weitz Christian Muirhead New York Entertainment president information CEO Provident Enterprise Sporting

variety.com

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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WME Revenue Spikes in Q4 as Endeavor Prepares to Go Private Again

Cynthia Littleton Business Editor WME closed out 2024 with strong momentum and a spike in revenue as parent company Endeavor prepares to go private again after nearly four years as a publicly traded company. Endeavor’s representation segment saw 17% year-over-year growth in revenue, rising to $501.6 million for the fourth quarter of 2024. WME was the big driver with gains across talent, music and sports.

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Endeavor Posts Modest Gains In Likely Its Last Quarterly Report Before Going Private

Endeavor revenue rose 7% and adjusted EBITDA climbed 5% in the fourth quarter, likely its last as a publicly traded company.

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Sundance: Surreal Fantasy ‘Obex’ Sells to Oscilloscope Laboratories (EXCLUSIVE)

s has acquired North American rights to “Obex” following its debut at this year’s Sundance Film Festival. The surreal, black-and-white fantasy film was directed by Albert Birney (“Strawberry Mansion”) who wrote the script with Pete Ohs (“Jethica”).

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Media Spin Cycle: M&A Outlook For 2025

The media industry closes out 2024 in a landscape very different than a year ago and perhaps looking up as the biggest players begin to manage the confounding decline of linear television. Paramount Global’s sale to Skydance Media, followed by Comcast‘s spin-off of its cable networks into a new company, both still to close, are transformational.

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AMC Stock Falls After Exhibitor Reveals Plan To Sell Up To 50,000 Shares; Investors Fume On Social Media

Shares of top movie theater operator AMC Entertainment fell 7% in early trading this morning after the company revealed a plan to sell up to 50,000 shares of stock.

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New Hotspots in Silver Lake and Echo Park Rev Up L.A.’s Ever-Changing Restaurant Scene

Pat Saperstein Deputy Editor In Los Angeles, it often seems to be the best of times and the worst of times for restaurants simultaneously. Just as Silver Lake is mourning the departure of favorites All Day Baby and Alimento, new spots are popping up almost weekly. Recent additions include Bar Seco, serving up scene, natural French wines and Japanese-meets-Italian snacky bites; and Bridgetown Roti, bringing zippy Jamaican patties, doubles and rotis to a permanent location in East Hollywood.

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Endeavor Selling OpenBet And IMG Arena In Ari Emanuel-Backed $450 Million Management Buyout

Endeavor is selling OpenBet and IMG Arena in a management buyout backed by Ariel Emanuel with participation from executives of OpenBet, including CEO Jordan Levin.

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Endeavor Selling OpenBet and IMG Arena Sports-Gaming Units in $450 Million Management Buyout Backed by Ari Emanuel

Todd Spangler NY Digital Editor Endeavor agreed to sell OpenBet and IMG Arena, its sports gambling and technology businesses, in a $450 million management buyout backed by Endeavor chief Ari Emanuel with participation from OpenBet CEO Jordan Levin and other execs. The deal “is a necessary step” for the closing of the proposed Endeavor take-private deal with Silver Lake, expected to occur in the first quarter of 2025, the company said.

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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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TKO Group Will Acquire PBR, IMG and On Location From Majority Owner Endeavor in $3.25 Billion Deal

Todd Spangler NY Digital Editor Ari Emanuel’s Endeavor is transferring several sports assets — including the Professional Bull Riders — to TKO Group, the holding company of WWE and UFC. TKO announced it has reached a definitive agreement with Endeavor Group (which owns a majority stake in TKO) to acquire PBR, On Location, and IMG in an all-stock transaction valued at $3.25 billion.

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manchestereveningnews.co.uk

16.09.2024 / 06:02

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Boss of Co-op Live promoted after taking over following 'embarrassing' launch

The boss of the Co-op Live arena has been promoted after leading the venue's recovery following an 'embarrassing' launch.

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Endeavor Looks To Sell OpenBet, IMG Arena Ahead Of Silver Lake Transaction

Endeavor is actively marketing the assets of its Sports Data & Technology segment, namely sports betting companies OpenBet and IMG Arena, as of the second quarter. The company led by Ari Emanuel had previously signaled plans to divest some of its businesses — outside of TKO Group and representation — as investor Silver Lake moves closer to taking it private.

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Los Angeles Landmark Nightclub The Satellite Memorialized In New Video

An homage to the long-shuttered nightclub The Satellite/Spaceland and to the Silver Lake-Echo Park-Hollywood of yesteryear is captured in a new video from a Los Angeles band.

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Howdy Partner: How Rideback Rise Aims to Nurture Creators of Color

Cynthia Littleton Business Editor How do you change a culture? Influence the storytellers. That’s the vision that drives the work of Rideback Rise, the nonprofit organization founded by producer Dan Lin to provide support to creators of color. On the latest episode of Variety podcast “Strictly Business,” Diana Mogollón, the newly appointed CEO of Rideback Rise, details the annual fellowship program run by Rideback Rise as well as the many mentoring and networking events held at its Rideback Ranch facility in Los Angeles’ Historic Filipintown neighborhood near Silver Lake.

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Laurel And Hardy’s ‘The Music Box’ To Get Sign At Silver Lake Steps Intersection

An intersection in Silver Lake recently designated as historic for its connection with Stan Laurel and Oliver Hardy’s classic 1932 film, The Music Box, will soon get its own sign.

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