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Ari Emanuel

Endeavor Can’t Evade Consultant’s Suit Over IPO Marketing

Endeavor must face a claim from a consultant who says its debut on the public market was salvaged thanks to his blueprint of the company’s business model. David Carde may have created an implied contract with Endeavor when his attorney emailed CEO Ari Emanuel his analysis that illustrated how its hodgepodge of unrelated acquisitions is […]

Ari Emanuel Marries Fashion Designer Sarah Staudinger in France With Larry David Officiating

Ari Emanuel is a married man. The Endeavor founder and CEO wed fashion designer Sarah Staudinger in Saint-Tropez in the South of France this weekend. Emanuel’s client Larry David served as the officiant at the wedding, which was attended by Emily Ratajkowski, Elon Musk, Sean Combs, Mark Wahlberg, Tyler Perry and Rahm Emanuel, Ari’s brother […]

Endeavor Beats Wall Street Estimates As Live Events Bounce Back

Endeavor topped Wall Street expectations in Q1 2022, beating on revenue and earnings per share as the company’s segments continue to see growth return in a world with significantly fewer COVID-19 restrictions. The company reported revenue of $1.47 billion, net income of $517.7 million, adjusted EBITDA of $314.4 million and earnings per share of $1.16. […]

Endeavor CEO Ari Emanuel’s 2021 Pay Package Tops $308M Thanks to IPO Equity

In his first year leading a publicly traded company, Endeavor founder and CEO Ari Emanuel received a pay package that topped $308 million, thanks almost entirely to a one-time restricted stock grant, which is tied to performance. In its annual report to the SEC, Endeavor notes that Emanuel’s realized 2021 compensation was closer to $67 […]

Elon Musk to Resign From Endeavor Board of Directors

Tesla and SpaceX founder Elon Musk will resign from the board of Endeavor. The company disclosed Musk’s departure in its annual report with the SEC, saying that Musk’s resignation will be effective June 30, 2022. The company, led by CEO Ari Emanuel, will shrink its board from eight members to seven members once he resigns. […]

Endeavor CEO Ari Emanuel: Content Boom to Boost 2022 Earnings

Endeavor reported Q4 and full-year 2021 earnings Wednesday that reflected a resurgent talent representation business, though it swung back to a loss after recording a profit in Q3. The company had revenue of $1.5 billion in Q4, and a net loss of $16.7 million, after posting a profit of $64 million in the prior quarter. […]

Endeavor Sued For Allegedly Stealing Marketing Ideas for IPO Effort

A consultant is suing Endeavor claiming he gave the company the blueprint to salvage its debut on the public market, which led to a successful $10.3 billion IPO, but he wasn’t compensated or given credit. David Carde began his complaint, which was filed Thursday in L.A. County Superior Court, by comparing this alleged theft to […]

South Korea’s CJ ENM to Acquire Controlling Stake in Endeavor Content

Endeavor has struck a deal to sell a majority stake in its Endeavor Content studio to South Korean media giant CJ ENM, the company behind films like Parasite and Snowpiercer, for $775 million. The deal values the company at $850 million. Endeavor will retain a 20 percent stake in Endeavor Content and is also holding […]

Endeavor’s Representation Business Bounces Back As Earnings Top Forecast

Bolstered by a resurgent representation business, Endeavor handily beat Wall Street forecasts in its Q3 2021 earnings, delivering revenue of $1.39 billion and net income of $63.6 million, swinging the company back to profitability. Wall Street consensus was for revenue of $1.3 billion. The company, led by CEO Ari Emanuel, executive chairman Patrick Whitesell, and […]

Endeavor CEO: “Disney Is Doing the Right Thing” in Talent Deal Talks With Star Clients

Less than an hour after Disney CEO Bob Chapek said that the company is undergoing a “reset” in trying to cut deals with talent to reflect the rapidly changing entertainment landscape, Endeavor CEO Ari Emanuel said that the entertainment giant “is doing the right thing” as it holds talks with clients. Emanuel, speaking at the […]

Rachel Maddow Signs New Deal With MSNBC

Rachel Maddow won’t be leaving MSNBC any time soon. The 9 PM host and bedrock of the channel’s primetime lineup has signed a new multi-year deal with the NBCUniversal-owned cable channel, multiple sources familiar with the matter confirm to The Hollywood Reporter. The news just a few weeks after contract negotiations had spilled into public […]

Endeavor Adds Jacqueline Reses to Board of Directors

Endeavor is continuing to expand its board of directors since going public earlier this year. The owner of UFC and WME on Wednesday named Jacqueline Reses to its board. Reses is currently CEO of investment firm Post House Capital LLC, and before that worked in the technology sector, as executive chair of Square Financial Services […]