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Endeavor Sees Mixed Q3 With Assets In Flux As It’s Set To Go Private
Endeavor had a solid third quarter driven by sports, representation and with a big revenue boost from the Summer Olympics in Paris.
Events, Experiences & Rights saw sales surge 145% to nearly $900 million on the Paris 2024 Olympics and Paralympic Games, for which On Location served as exclusive hospitality provider. Representation revenue rose 11% to $429 million on growth in WME ’s talent and music divisions, partially offset by a dip in non-scripted content. “As we work toward the close of our take-private transaction with Silver Lake, we remain focused on delivering for our clients, partners, and shareholders, maintaining momentum throughout our business, and completing the sale of PBR, On Location and IMG to TKO,” Emanuel said in a statement.
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