Endeavor Completes Sale of Controlling Stake in Global Premium Content Studio ‘Endeavor Content’ to CJ ENM
Endeavor Group Holdings, Inc. (NYSE: EDR), a global sports and entertainment company, announced today it has closed its previously announced sale of an 80% stake of the scripted business of U.S.-based global premium content studio, Endeavor Content, to CJ ENM, a leading entertainment company from Korea, for approximately $785 million USD in total proceeds to Endeavor and Endeavor Content.