Ari Emanuel
In Endeavor’s First Full Year as a Public Company, Ari Emanuel’s 2022 Pay Package Tops $19M
In Endeavor’s first full year as a public company, CEO Ari Emanuel was paid a package topping $19 million, a sharp decline from 2021. Emanuel’s 2021 pay package topped $300 million, thanks mostly to a one-time stock grant tied to the company’s IPO. His 2022 compensation is more in line with what he would expect […]
- By
Endeavor Posts $1.2B in Revenue, Overall Loss In Q3 As Sports, Representation Make Gains
Endeavor Group Holdings, the parent company of UFC, WME and IMG, posted revenue of $1.2 billion in its third quarter, as foreign exchange rate headwinds pushed it to a net loss of $12.5 million. Despite the difficult macroeconomic environment being felt across the tech and media sectors, Endeavor remains bullish on its prospects, touting its […]
- By
Ari Emanuel Calls on Kanye West’s Business Partners to Stop Working With Him
Ari Emanuel is encouraging businesses that work with Kanye “Ye” West to end their involvement with him following the rapper’s antisemitic remarks. In an op-ed for the Financial Times published online Wednesday, the Endeavor CEO wrote that West’s business partners, including companies that profit off his music — such as Apple, Spotify, Adidas and his […]
- By
A Slowdown in Content Spending? Ari Emanuel Says “I Don’t See It”
With concerns around belt-tightening at major entertainment companies, Hollywood has become concerned that the ever-growing demand for premium content is a bubble close to bursting. But Endeavor CEO Ari Emanuel says it ain’t so. “I am the arms dealer here, the largest arms dealer here across the whole platform,” Emanuel said at a Goldman Sachs […]
- By
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 […]
- By
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 […]
- By
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. […]
- By
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 […]
- By
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. […]
- By
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. […]
- By
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 […]
- By
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 […]
- By