Welcome to our dedicated page for Endeavor Group Holdings news (Ticker: EDR), a resource for investors and traders seeking the latest updates and insights on Endeavor Group Holdings stock.
Endeavor Group Holdings, Inc. (symbol: EDR) is an American holding company renowned for its comprehensive services in the entertainment, sports, and media industries. Based in Beverly Hills, California, Endeavor represents a diverse array of artists across various platforms including film, television, music, theater, digital media, and publishing.
Endeavor Group Holdings operates through four main segments:
- Owned Sports Properties
- Events, Experiences & Rights
- Sports
- Representation
The company is particularly recognized for its Events, Experiences & Rights segment, which is a major revenue driver. This segment encompasses a wide range of live events including sports, fashion, art fairs, music festivals, culinary festivals, and other lifestyle events. In addition to these, Endeavor provides extensive services in talent representation, content development, content distribution, event management, marketing, and licensing.
Endeavor's strategic business model integrates these capabilities to offer direct-to-consumer products and services, making it a pivotal player in the entertainment and sports sectors. The company has recently expanded its portfolio through strategic partnerships and projects aimed at enhancing its content and service offerings.
Geographically, Endeavor Group Holdings generates the majority of its revenue from the United States, where it has a strong foothold in the market. The company's financial health is robust, backed by steady revenue streams from its diverse segments and a growing list of high-profile clients.
Endeavor is continually evolving, with recent achievements including new event launches and enhanced digital media capabilities, ensuring it remains at the forefront of the industry. For the latest updates and developments about Endeavor Group Holdings, stay tuned to the news section.
Endeavor Group Holdings (NYSE: EDR) reported Q4 2021 revenue of $1.5 billion, totaling $5.1 billion for the year, surpassing guidance. Despite a net loss of $16.7 million in Q4 and $467.5 million for the year, the company experienced significant growth across its segments. Representation revenue rose over 100%, while Events, Experiences & Rights revenue increased 28%. Adjusted EBITDA for FY 2021 reached $880.3 million. Looking ahead, 2022 revenue is projected between $5.2 billion and $5.45 billion, with Adjusted EBITDA between $1.07 billion and $1.12 billion.
Endeavor Group Holdings (NYSE: EDR) will announce its Q4 and full year 2021 results after market close on March 16, 2022. A live teleconference to discuss the results is scheduled for 2 p.m. PT / 5 p.m. ET on the same day. The earnings release and call details will be available on Endeavor's investor relations site. Questions from investors are encouraged in advance of the call. Endeavor is a global leader in sports and entertainment, encompassing notable brands like WME, IMG, and UFC.
Endeavor Group Holdings, Inc. (NYSE: EDR) has successfully closed the sale of an 80% stake in its scripted business, Endeavor Content, to South Korea's CJ ENM for approximately $785 million USD. Endeavor retains a 20% interest in the scripted segment and holds onto the non-scripted business, along with some consulting services. The leadership of Endeavor Content remains intact with Graham Taylor and Chris Rice continuing as co-CEOs.
Endeavor Group Holdings, Inc. (NYSE: EDR) announced that CFO Jason Lublin will participate in a virtual fireside chat at the Jefferies Winter Summit on January 24, 2022, at 1:30 p.m. ET. A live link and a 30-day replay will be available on Endeavor's investor relations website. Endeavor is a global leader in sports and entertainment, encompassing notable brands like WME, IMG, and UFC. The company specializes in talent representation, media production, and experiential marketing.
Endeavor Group Holdings, Inc. (NYSE: EDR) announced that CEO Ariel Emanuel will speak at the Citi AppsEconomy Conference on January 5, 2022, at 11 a.m. ET. The event will be accessible via a live link on Endeavor's investor relations website, with a replay available for 30 days. Endeavor is a global sports and entertainment company representing top brands and figures in the industry, including WME, IMG, and UFC, specializing in talent representation, event management, and media production.
Endeavor (NYSE: EDR) has launched Diamond Baseball Holdings, aimed at enhancing the sport of baseball through professional management and investment. The organization plans to acquire nine MLB Professional Development League (PDL) Clubs, subject to customary closing conditions. Initial Clubs include affiliations with the Chicago Cubs, St. Louis Cardinals, New York Yankees, and San Francisco Giants. Endeavor is also in late-stage negotiations with additional franchises. Industry leaders Pat Battle and Peter B. Freund will oversee the new organization, targeting growth and community engagement.
IMG has entered into an agreement to acquire the Mutua Madrid Open tennis tournament and the Acciona Open de España golf tournament from Super Slam Ltd. The deal is anticipated to close in early 2022, pending ATP/WTA and regulatory approvals. The acquisition enhances IMG's portfolio of significant tennis events, including the Miami Open, positioning it as a leader in global sports events. MTP's CEO, Gerard Tsobanian, will join IMG as Senior Vice President, overseeing operations of the Madrid Open.
Endeavor Group Holdings, Inc. (NYSE: EDR) will have CFO Jason Lublin join a virtual fireside chat at the Barclays Global Technology, Media and Telecommunications Conference on December 8, 2021, at 12:05 p.m. ET. A live session link and a 30-day replay will be available on Endeavor's investor relations website in the 'News / Events' section. Endeavor is recognized as a leader in global sports and entertainment, comprising WME, IMG, and UFC, focusing on talent representation, media production, and experiential marketing.
Endeavor Group Holdings (NYSE: EDR) announced that CEO Ariel Emanuel will engage in a virtual fireside chat at the UBS Global TMT Conference on Monday, December 6, 2021, at 11 a.m. ET. The session will be accessible live, with a replay available for 30 days via Endeavor's investor relations website. Endeavor is a leading global sports and entertainment company, encompassing notable entities such as WME, IMG, and UFC, focusing on talent representation, event management, and media production.
CJ ENM has announced a definitive agreement to acquire an 80% stake in Endeavor Content from Endeavor Group Holdings for $775 million, marking a significant move towards becoming a global total entertainment company. The deal, valued at an enterprise valuation of $850 million, includes $655 million to Endeavor and $120 million to bolster Endeavor Content's balance sheet. This strategic acquisition aims to enhance CJ ENM's global market presence and expand its original IP collection, supporting the launch of its OTT platform, TVING.
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