Endeavor
Experienced Americas duo Santa Cruz, Tree leave IMG
Guillermo Santa Cruz and James Tree, two of IMG’s most senior executives in the Americas, are leaving the agency.
Every event day aired live in PBR’s ‘game changing’ domestic rights deals
PBR's new domestic rights deals with CBS and Merit Street Media will create live weekend viewing slots akin to major league sports and allow the Endeavor-owned property to tap into an audience outside of its core following.
IMG Arena upheaval continues as Wright leaves amid OpenBet restructure
The merging of Endeavor’s OpenBet and IMG Arena has led to a high-profile casualty as Max Wright, who has been with IMG for 11 years, negotiating various betting rights deals with sports bodies, leaves the company.
Endeavor Q1 loss exceeds $300m ahead of Silver Lake takeover
Endeavor's Owned Sports Properties was the entertainment giant's sole business unit to show revenue growth in the first quarter of 2024, aided by last year's acquisition of WWE, as the wider group swung to a net loss.
Shapiro’s Endeavor salary hits $7m, Whitesell to launch media company with $250m funding
Mark Shapiro, president and chief operating officer of Endeavor, has secured a salary increase to $7m (€6.4m) on the back of the agreement struck to take the sports and entertainment giant private.
Endeavor valued at $13bn in Silver Lake’s privatisation plans
Endeavor, the sports and entertainment giant that owns the IMG agency and Ultimate Fighting Championship (UFC) and World Wrestling Entertainment (WWE) properties, is going private three years after listing on the New York Stock Exchange.
WWE swells revenues but Endeavor results hit by legal costs, write-offs
Endeavor, the sports and entertainment conglomerate, is continuing to explore "strategic alternatives” for its publicly listed stock, and as a result will provide no 2024 financial guidance it revealed today (Wednesday).
Endeavor’s On Location invests in sports events tech firm Wiz-Team
Endeavor-owned hospitality company On Location has acquired a minority stake in Wiz-Team, the Switzerland-based event and data management technology firm
Silver Lake plans to sell off parts of a privatised Endeavor
Silver Lake, the US private equity firm that holds a majority stake in Endeavor, is planning to sell off parts of the sports and entertainment company once it takes the group private
NCAA bundles women’s basketball into $920m, eight-year ESPN deal
The National Collegiate Athletic Association has agreed a new eight-year domestic and international rights deal with ESPN for 40 of its championships in an agreement worth $920m (€840m).
Endeavor invests in Chess.com, WME to handle representation and brand partnerships
Endeavor Group, the sports and entertainment conglomerate, has made a major move into chess, announcing a strategic investment into the leading gaming platform for the sport, today (Thursday).
McMahon to sell off major stake in TKO
Vince McMahon is planning on selling 8.4 million of his shares in TKO Group, the new Endeavor-owned public company formed by the merger of Ultimate Fighting Championship (UFC) and World Wrestling Entertainment (WWE).
Endeavor posts Q3 revenue rise, talks up betting operations for 2024
Sports and entertainment conglomerate Endeavor has positioned OpenBet and its wider betting operations as key revenue drivers for the group in 2024, but insists IMG Arena will remain "number three" in…
Silver Lake looks to take Endeavor private amid strategic review of assets
Endeavor, the company that owns the IMG agency, World Wrestling Entertainment and Ultimate Fighting Championship, has announced that it is exploring “strategic alternatives” for its publicly listed sto…
Endeavor loses appeal over Covid-19 ‘commercial property’ insurance coverage
Endeavor has lost an appeal lodged in a Californian court against HDI Global Insurance over “commercial property” losses related to the Covid-19 pandemic.
IMG retires Seven League name as part of sweeping rebrand
IMG has this morning unveiled sweeping changes to its branding at its inaugural IMG Summit event in Oxfordshire, UK, modernising its logo and retiring the Seven League brand entirely in an attempt to offer…
Competitive threat of Saudi-backed PFL hits WWE, Endeavor share prices
News this week of Saudi Arabian state investment in the Professional Fighters League (PFL) has caused shares in both World Wrestling Entertainment (WWE) and Ultimate Fighting Group (UFC) parent Endeavor…
Endeavor Q2 results buoyed by UFC, betting and IMG production deals
Continued strong results at the Ultimate Fighting Championship, betting growth and recent broadcast production contract wins at IMG helped Endeavor to post a 9.5-per-cent increase in quarterly revenues