UFC
WWE-UFC: How Wall Street Views the Deal So Far
Mixed martial arts powerhouse UFC and sports entertainment giant WWE are betting that they are even stronger together. So executives from UFC owner Endeavor and WWE, fresh off WrestleMania 39 weekend in Los Angeles, stepped into the spotlight to unveil a merger to form a global live sports and entertainment titan, 51 percent controlled by […]
- By
Endeavor President Says UFC-WWE Merger Will Bolster Its Representation Business
The $21 billion merger of the WWE and UFC will create a sports and entertainment powerhouse, but the companies do not expect to rest on their laurels, Endeavor president and COO Mark Shapiro says. Speaking to The Hollywood Reporter on Monday after the deal was formally unveiled, Shapiro (who will serve as president and COO […]
- By
Endeavor Nears Deal to Buy WWE and Merge It With UFC
Forty-three years after Vince McMahon founded the company now known as the WWE, and 70 years after his father entered the professional wrestling business, the McMahon family appears ready to give up control of their empire, closing in on a multibillion-dollar deal to sell the WWE to Endeavor, The Hollywood Reporter has confirmed. Assuming the […]
- By
Live Events Boost Endeavor, as Ari Emanuel Says Firm Is “Well-Positioned” Even if Writers Strike
Endeavor Group Holdings, the owner of WME, UFC, IMG and other ventures, reported revenue of $1.26 billion in its fourth-quarter earnings, reflecting growth at its three operating units: owned sports, events and experiences, and representation. The company once again reported a loss in the quarter, of $226 million, though Endeavor notes that it also made […]
- By
Liam Neeson Slams UFC, Compares It to a Bar Fight: “I Hate It”
Liam Neeson opened up about how he really feels about UFC fighting — and Conor McGregor. The actor recently sat down with Men’s Health to answer some of the internet’s most burning questions for him, starting with his thoughts on the mixed martial arts fighting. “UFC, I can’t stand,” Neeson said on an episode of […]
- 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
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
Joe Rogan to Return for Next UFC Event After Sitting Out This Weekend
Joe Rogan is sitting out ESPN’s broadcast of UFC 271, but his hiatus isn’t expected to last for long. The embattled Spotify podcast host and UFC commentator will not cover this weekend’s mixed martial arts event on Saturday at the Toyota Center in Houston, with the absence attributed to a scheduling conflict, but he will be […]
- By
Morgan Stanley Upgrades Endeavor on UFC, WME Upside
Morgan Stanley on Wednesday upgraded Endeavor to overweight and set a new price target of $40 per share. The financial firm’s bullishness on Endeavor stems from its ownership of UFC, which Morgan Stanley expects to grow significantly in coming years, as well as its talent agency WME, which is positioned to carve out a piece […]
- By
Despite Delta Variant Concerns, Endeavor Raises Guidance For Year
In its second quarterly earnings report since going public in April, Endeavor reported revenue of $1.1 billion, just missing Wall Street expectations for revenue. Endeavor CEO Jason Lublin said that three shows from Endeavor Content were pushed into Q3, and were responsible for some $90 million in revenue. And while the company turned a modest […]
- By
UFC 265: How to Watch Derrick Lewis vs. Ciryl Gane Online
The heavyweight title fight takes place Saturday, Aug. 7.
- By
Endeavor Adds Former Xerox CEO Ursula Burns to Board of Directors
Endeavor has only been a public company for a few months, but it is already expanding its board of directors. The owner of UFC and WME on Monday said that it was adding Ursula Burns, the former CEO of Xerox, to its board of directors. Burns, who was a mechanical engineer before joining the executive […]
- By