Endeavor Plans Stock Buybacks, Dividend Pay Ahead of Merger
Endeavor Group Holdings reported $1.597 billion in revenue for the quarter ending in March, just beating analyst estimates, and a net income of $36.3 million. The…
Endeavor
WWE Beats Q1 Estimates, Eyes Endeavor for International Boost
WWE (NYSE: WWE) reported first quarter results that beat Wall Street estimates in what’s expected to be one of its final periods as an independent company; Endeavor…
Endeavor Sells IMG Academy for $1.25B to Asian Private Equity Fund
Endeavor Group Holdings is selling sports-focused educational brand IMG Academy for $1.25 billion to Asia-focused private equity fund BPEA EQT, which will fold the…
Fanatics-WWE Partnership Grows to Cover Retail at 300 Annual Events
Fanatics is expanding its relationship with WWE, already one its broadest sports partnerships, to include global retail operations. Starting next month, Fanatics…
Market Warms to WWE Deal as McMahon’s Wealth Jumps $600 Million
What a difference a week makes. WWE shares have rallied nearly 25% the past five trading days as investors warm to the idea of a sports-focused entertainment giant…
WWE, UFC Work TV Rights Deals With Unified Streaming on Horizon
The UFC and WWE may be joining forces to create a $21.4 billion sports-entertainment colossus, but both sides in the near term will continue to hash out their own…
Market Says Vince McMahon Is Worth $500M Less Than Endeavor Does
The sale of WWE for a stated $9.3 billion value to UFC parent Endeavor Corp. is almost 30% greater than the highest market capitalization the wrestling company has ever…
WWE, UFC Announce $21 Billion Merger Controlled by Endeavor
WWE and UFC are getting into the ring together. The wrestling and mixed martial arts leagues announced they will be merging into a new company that will be mostly…
Endeavor Nears Acquisition of WWE, Possibly as Soon as Monday
Seen as a likely buyer since WWE went on sale, Endeavor plans to combine WWE with UFC as a new publicly traded company, according to a person familiar with the deal who…
Exclusive
IMG Arena Sues Stats Perform Over Data Scout Spying in Soccer
As high-speed data becomes a larger part of the global sports betting industry, the companies that provide it are growing increasingly litigious to protect their…
Exclusive
Endeavor Exploring Sale of IMG Academy Business
Endeavor is considering a sale of IMG Academy, the company’s sports training and boarding school business, according to multiple people familiar with the plans. The…
Learfield Losses Top $2 Billion Since 2019 After Tough 2022
Learfield’s pre-tax losses topped $2.1 billion in the four years between 2019 and 2022, after the college sports giant recorded more than $300 million in losses this…
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