EXCLUSIVE: Endeavor Content co-CEOs Graham Taylor and Chris Rice woke up today with new majority owners. Hatched under the Endeavor umbrella four years ago, Endeavor Content financed, packaged and sold over 100 series and films that included La La Land and Killing Eve.
Endeavor, which owns WME, was forced to divest 80% of the production company, per a truce signed after a brutal battle with the WGA that put percenteries out of the packaging and affiliated production company businesses.
CJ Entertainment, the Korean colossus best known here for making the Best Picture winner Parasite, stepped up last November with a pledge to spend $775 million.
That deal closed last night. Here, Taylor and Rice discuss the company’s future under new backers. CJ is bullish: its public filing stated an expectation that Endeavor Content will generate making 40 movies and TV series by next year.Said Endeavor CEO Ari Emanuel: “Chris, Graham and the entire Endeavor Content team have built an incredible business, and the opportunity to combine the complementary strengths, resources and assets of CJ and EC is immense.
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