Endeavor

Leading Entertainment Company CJ ENM to Acquire Controlling Stake in Global Premium Content Studio ‘Endeavor Content’ for $775 Million USD

Retrieved on: 
Friday, November 19, 2021

CJ ENM, leading entertainment company originated from Korea, announced that they have entered into a definitive agreement to acquire an 80% stake of the scripted business of U.S.-based global premium content studio, Endeavor Content, from its parent company Endeavor Group Holdings (Endeavor)(NYSE: EDR) for $775 million USD in total proceeds at an enterprise valuation of $850 million USD, including $655 million USD to Endeavor and a contribution of $120 million USD of capital to Endeavor Contents balance sheet (implying a post-money equity valuation of $970 million USD).

Key Points: 
  • CJ ENM, leading entertainment company originated from Korea, announced that they have entered into a definitive agreement to acquire an 80% stake of the scripted business of U.S.-based global premium content studio, Endeavor Content, from its parent company Endeavor Group Holdings (Endeavor)(NYSE: EDR) for $775 million USD in total proceeds at an enterprise valuation of $850 million USD, including $655 million USD to Endeavor and a contribution of $120 million USD of capital to Endeavor Contents balance sheet (implying a post-money equity valuation of $970 million USD).
  • Through acquisition of Endeavor Content, CJ ENM plans to solidify its presence in the global market and content distribution channels.
  • CJ ENM will also be able to expand its original IP collection to incorporate that of Endeavor Contents.
  • CJ ENM will also be able to further accelerate its penetration into the global content market by making full use of Endeavor Contents extensive network across various distribution channels.

Endeavor to Acquire Sports Betting Company OpenBet From Scientific Games

Retrieved on: 
Monday, September 27, 2021

This transformational announcement combines OpenBets market-leading sports betting ecosystem with unparalleled access to sports rights, content and data across the Endeavor portfolio, said Jordan Levin, Chief Executive of Scientific Games Digital business.

Key Points: 
  • This transformational announcement combines OpenBets market-leading sports betting ecosystem with unparalleled access to sports rights, content and data across the Endeavor portfolio, said Jordan Levin, Chief Executive of Scientific Games Digital business.
  • The team at OpenBet is second to none and were laser focused on the rapid expansion of the global sports betting market.
  • Aris leadership and vision for the entertainment industry is exceptional and this is supported by Scientific Games commitment to Endeavor through the stock component of this deal.
  • Scientific Games Corporation (NASDAQ: SGMS) is a world leader in entertainment offering dynamic games, systems and services for casino, lottery, online gaming and sports betting.

Endeavor to Announce Second Quarter 2021 Results

Retrieved on: 
Wednesday, July 21, 2021

Endeavor Group Holdings, Inc. (Endeavor), a global entertainment, sports and content company, will release its second quarter 2021 results after market hours on Monday, August 16, 2021.

Key Points: 
  • Endeavor Group Holdings, Inc. (Endeavor), a global entertainment, sports and content company, will release its second quarter 2021 results after market hours on Monday, August 16, 2021.
  • The live teleconference to discuss these results and provide a business update is scheduled for 1:30 p.m. PT / 4:30 p.m.
  • Endeavor (NYSE: EDR) is a global entertainment, sports and content company, home to many of the worlds most dynamic and engaging storytellers, brands, live events and experiences.
  • The Endeavor network specializes in talent representation, sports operations & advisory, event & experiences management, media production & distribution, experiential marketing and brand licensing.

Endeavor Appoints Ursula Burns to Board of Directors

Retrieved on: 
Monday, July 19, 2021

Endeavor Group Holdings, Inc. (NYSE: EDR), a global entertainment, sports and content company, today announced Ursula Burns, former Chair and CEO of Xerox Corporation and VEON Ltd., has joined its Board of Directors.

Key Points: 
  • Endeavor Group Holdings, Inc. (NYSE: EDR), a global entertainment, sports and content company, today announced Ursula Burns, former Chair and CEO of Xerox Corporation and VEON Ltd., has joined its Board of Directors.
  • Burns became CEO of Xerox in 2009 after joining the organization more than 25 years prior as a mechanical engineer.
  • As a newly public company, we are honored to welcome Ursula to our Board of Directors at such a transformational time, remarked Ariel Emanuel, CEO, Endeavor.
  • Burns joins a Board of Directors that includes Emanuel, Endeavor Executive Chairman Patrick Whitesell, Silver Lake Co-CEO Egon Durban, Silver Lake Managing Director Stephan Evans, Uncle Nearest Inc. CEO Fawn Weaver, and Tesla CEO Elon Musk.

Nav Awards $10,000 Small Business Grant to Full-Service Equine Training Facility in Texas

Retrieved on: 
Wednesday, June 30, 2021

JW Equine Services is a full-service equine training facility that is owned and operated by Jonna Wisher Ibaez.

Key Points: 
  • JW Equine Services is a full-service equine training facility that is owned and operated by Jonna Wisher Ibaez.
  • Jonna is a true testament of this with the work she does through JW Equine Services," said Greg Ott, Nav CEO.
  • The Nav grant was created to help small businesses grow, and we are thrilled to be able to support JW Equine Services on this next endeavor."
  • Nav created the Nav Small Business Grant in 2018 to raise awareness about the obstacles small business owners and entrepreneurs experience when building and maintaining their businesses.

Endeavor Schools Adds Ninth School to Atlanta Metro Area

Retrieved on: 
Tuesday, June 29, 2021

MIAMI, June 29, 2021 /PRNewswire-PRWeb/ -- Endeavor Schools continues to expand its Atlanta area presence with another addition to its fast-growing network of high-quality schools.

Key Points: 
  • MIAMI, June 29, 2021 /PRNewswire-PRWeb/ -- Endeavor Schools continues to expand its Atlanta area presence with another addition to its fast-growing network of high-quality schools.
  • Endeavor Schools now owns and operates nine schools in the Atlanta area, including three Parker-Chase schools.
  • Endeavor Schools will continue to enhance that excellence to ensure that the North Peachtree City community will always have high-quality education available for young children.
  • Endeavor Schools has added seven schools thus far in 2021 and plans to add several more by year-end.

WENEW, New NFT Venture Co-Founded by Famed Digital Artist Beeple, Aims to Redefine How We Relate to Iconic Moments

Retrieved on: 
Thursday, June 24, 2021

Brokered by Endeavor's IMG, the first release is in partnership with the most iconic tennis tournament in the world, Wimbledon, and will celebrate Andy Murray's historic win in 2013.

Key Points: 
  • Brokered by Endeavor's IMG, the first release is in partnership with the most iconic tennis tournament in the world, Wimbledon, and will celebrate Andy Murray's historic win in 2013.
  • Select sales will come with a once-in-a-lifetime experience from dinner with a favorite artist to a one-on-one game with an all-star athlete.
  • TIME will serve as a curation partner for WENEW and will help identify the most iconic moments in culture to release on the platform.
  • WENEW is the brainchild of artist Mike Winkelmann, known as "Beeple," and co-founders Michael Figge, Guy Oseary and Tim Smith.

WENEW, New NFT Venture Co-Founded by Famed Digital Artist Beeple, Aims to Redefine How We Relate to Iconic Moments

Retrieved on: 
Thursday, June 24, 2021

Brokered by Endeavor's IMG, the first release is in partnership with the most iconic tennis tournament in the world, Wimbledon, and will celebrate Andy Murray's historic win in 2013.

Key Points: 
  • Brokered by Endeavor's IMG, the first release is in partnership with the most iconic tennis tournament in the world, Wimbledon, and will celebrate Andy Murray's historic win in 2013.
  • Select sales will come with a once-in-a-lifetime experience from dinner with a favorite artist to a one-on-one game with an all-star athlete.
  • TIME will serve as a curation partner for WENEW and will help identify the most iconic moments in culture to release on the platform.
  • WENEW is the brainchild of artist Mike Winkelmann, known as "Beeple," and co-founders Michael Figge, Guy Oseary and Tim Smith.

Opening Night Enterprises Seeks Investors for Broadway-Oriented TV Series

Retrieved on: 
Wednesday, June 16, 2021

Opening Night Enterprises LLC (ONE) is seeking investors for an exciting new endeavor which begins with a reality television series titled Opening Night America.

Key Points: 
  • Opening Night Enterprises LLC (ONE) is seeking investors for an exciting new endeavor which begins with a reality television series titled Opening Night America.
  • This investment opportunity is unique, as it is offered to both accredited and non-accredited investors.
  • Dowling said revenues will be derived from the TV series that promotes the musicals, ticket sales for each regional production following the series and a variety of consumer products including music, future movies or television series.
  • Opening Night America is a new, investor-driven reality television concept celebrating the performing arts.

Endeavor to Announce First Quarter 2021 Results

Retrieved on: 
Monday, May 24, 2021

Endeavor Group Holdings, Inc. (NYSE: EDR), a global entertainment, sports and content company, will release its first quarter 2021 results after market hours on Wednesday, June 2, 2021, followed by an audio webcast at 1:30 p.m. PT / 4:30 p.m.

Key Points: 
  • Endeavor Group Holdings, Inc. (NYSE: EDR), a global entertainment, sports and content company, will release its first quarter 2021 results after market hours on Wednesday, June 2, 2021, followed by an audio webcast at 1:30 p.m. PT / 4:30 p.m.
  • ET to discuss these results and provide a business update.
  • The company is comprised of industry leaders including entertainment agency WME; sports, fashion, events and media company IMG; and premier mixed martial arts organization UFC.
  • The Endeavor network specializes in talent representation, sports operations & advisory, event & experiences management, media production & distribution, experiential marketing and brand licensing.