Endeavor CEO Ari Emanuel Says Strikes Raise 'Real Issues To Work Through, And We Continue To Stand With Our Clients'; Company Expects $25M In Monthly Revenue ...
pledged loyalty to company clients involved in Hollywood’s dual strikes and the company said it expects a $25 million monthly hit to revenue from the labor impasse.
“I’ve been through many strikes in my more than 35 years of representing actors, writers and creatives of all types, whose livelihoods depend on the entertainment economy,” Emanuel said during the company’s second-quarter earnings call with Wall Street analysts. “Time and again, our industry has navigated change and now is no exception as we adjust to new distribution models and technologies.
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