Endeavor swung to the red last quarter with a $12.5-million loss stemming not from its core businesses but a minority investment in struggling college sports marketing film Learfield, and its remai…
Endeavor sold the bulk of Endeavor Content back in January to Korea’s CJ ENM, keeping 20% of scripted business, the non-scripted portion and some documentary and film sales and financing consulting services. Snoop Dogg Signs With WME In All Areas
The total impairments, for $84.5 million net of tax, included write-downs, and resulted in an EPS loss of 4 cents a share vs a positive 16 cents the year before.The company’s Owned Sports Properties division, led by, saw revenue jump 39% to $402 million driven by higher media rights fees and live event, partnership, consumer product and licensing revenues, as well as an additional pay-per-view event and more events with live audiences. Adjusted EBITDA grew 45% to $196 million.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Endeavor Posts $1.2B in Revenue, Overall Loss In Q3 As Sports, Representation Makes GainsThe company completed its acquisition of OpenBet in the quarter, paving the way for a new sports betting segment.
Lire la suite »
Bitcoin price swings to over $20K as Binance helps FTX ‘liquidity crunch’Volatility is back with a bang. Turmoil over crypto exchange FTX has punished markets further and sees Bitcoin battling support.
Lire la suite »
British Pound Latest: GBP/USD Still Vulnerable to Swings in SentimentThe souring of risk sentiment over the last two days hit Sterling and other high-beta assets hard with the British Pound losing around 1.5% against the US dollar at one stage yesterday. Get your market update from nickcawley1 here:
Lire la suite »
Cineplex Swings to $31M Third Quarter Profit, Despite “Limited” Hollywood SlateTheater attendance jumped 34 percent to 11.08 million patrons as ‘Top Gun: Maverick’ played on the Canadian exhibitor’s screens.
Lire la suite »
Electric vehicle maker Lucid reports third-quarter loss, confirms it's on track to meet production guidanceThe company said it's still on track to make between 6,000 and 7,000 of its luxury sedans this year.
Lire la suite »