Endeavor reported $1.751 billion in revenue for Q2 2024, with growth in Owned Sports Properties and Representation segments. The company experienced a net loss of $253.8 million, impacted by discontinued operations, while adjusted EBITDA reached $380.7 million.
Q2 2024 revenue reached $1.751 billion.
Owned Sports Properties segment experienced growth due to marquee live events and partnerships.
Representation segment benefited from recovery following WGA and SAG-AFTRA strikes and demand for music tours.
The company is progressing towards a take-private transaction with Silver Lake.
Endeavor is set to be acquired by Silver Lake, with stockholders receiving $27.50 per share in cash, and the transaction is expected to close by the end of the first quarter of 2025, pending customary conditions and approvals.
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