Hints and tips:
...“We’re certainly not going to be trying to merge and sell the product in the TV market as one. ” Emanuel’s interest in MotoGP came as he unveiled plans to take his Endeavor Group private at a value of $13bn...
...“As more and more and more student athletes seek brand deals with schools and brand partners, they’re doing so in content, our largest growth initiative,” Gahagan said....
...Emanuel told the October 11 event that he had a “bigger agency” than CAA, adding “we’re worth more and have more morals”....
...“Rehabilitating, reforming and re-educating is.”...
...“You’re going to see us do . . . a handful or two of large, really important investments a year and that’s it.”...
...“That points to one thing, which is we’re headed towards higher oil prices. It’s not a question of if, it’s a question of when.”...
...We’re also reading . . . Economists exchange: Arthur Laffer has been named by the Trump campaign as the potential next chair of the Federal Reserve....
...However, this doesn’t mean investors should give up on this endeavor, and having a style allocation framework can aid investors in making tactical decisions. Handily, they have a solution!...
...It sounds frivolous to talk about design, but there in some ways, it really is a metaphor for so many different creative endeavors and life endeavors, oddly....
...In other tales of troubled governance, entertainment group Endeavor agreed a deal to be taken private by a star-studded cast of majority shareholders this week....
...“We’re hopeful that all of our teams can be Champions League winners someday.”...
...One takeover to start: Talent agency Endeavor Group is being taken private by Silver Lake at an equity value of $13bn after three years of lacklustre performance as a listed company....
...This week’s we’re looking into Saudi Arabia’s latest push in tennis, and we explain why women’s college basketball is thriving in the US....
...“Now you’re a $21bn behemoth you’re not two, smaller successful companies. That gives you leverage in the marketplace in any number of ways,” he added....
...Its acquisition would mark something of a homecoming for Endeavor’s Chicago-raised chief executive, Ari Emanuel....
...This week we’re looking at what the addition of cricket tells us about how organisers are looking at the LA Olympics in 2028. Plus we ask if English rugby union can get a grip on its calendar clash....
...Well,if they’re anything like investors they’ve probably moved onto the Next Big Thing — AI Discord servers, anyone? I think what we’ve just witnessed is space tourism’s Dead Cat Launch....
...And one other big thing: US private equity group Silver Lake is considering taking private Ari Emanuel’s talent agency Endeavor Group in a deal that would be one of the year’s largest buyouts....
...Dealmaking dream team Between Endeavor boss Ari Emanuel and private equity firm Silver Lake, shareholders should brace themselves for a fight concerning the talent agency’s corporate structure, Lex writes...
...We’re also reading . . . Chatbot showdown: How does GPT-4 stack up against Bard? We asked the generative AI systems to pick stocks, tell jokes and imagine the Xi-Putin summit....
...“We’re not signalling, we are actually just doing.”...
...He will also stay on to chair the yet-to-be-named group that Emanuel has dubbed “Endeavor 2.0”....
...And most dealmakers think they’re very good at it....
...Results: Warner Music Group, Endeavor Group, Apollo Global, Coty, Airbnb, Electronic Arts and Rivian report results....
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