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...Hollywood entertainment group Endeavor and its private equity partner Silver Lake, which have controlled Learfield since 2018, will become minority partners under the restructuring terms....
...even client entertainment — to their end investors....
...They certainly should after the entertainment group announced a long-expected go-private sale to its existing majority shareholders this week. The deal values Endeavor’s equity at $13bn....
...Last week, Liz Truss gave a speech of virtuoso dottiness to a rightwing conference in Maryland. Don’t knock it as a career move....
...Talent agency Endeavor Group is being taken private at an equity value of $13bn after three years of lacklustre performance as a listed company....
...for the entertainment group are “superior”....
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
...Instead of an annual management fee, the manager passes all costs to its end investors, covering costs such as office rents, technology and data, salaries, bonuses and client entertainment....
...Our companies are profoundly innovative. They don’t pay dividends but they’ve changed the world. What’s the deal? Some of that I’m not going to challenge. But some of that I will challenge....
...We’re also supporting innovative start-ups, like the Ukrainian-led company LetsData, which provides a real-time “AI radar” against disinformation in more than 50 countries....
...Meta and Google struck deals in 2021 to pay Australian media companies, including News Corp, newspaper publisher Nine Entertainment and a host of smaller websites, broadcasters and regional newspapers, an...
...The potential takeover comes after Endeavor merged mixed martial arts league Ultimate Fighting Championship with World Wrestling Entertainment last month in an all-stock deal that left the agency as a standalone...
...“We’ve got time now to trial innovative bold new ideas that address some of the key challenges the game is facing.”...
...However, Ogilvy’s Sutherland worries that traditional marketing principles and values could be lost in the race for innovative ways to reach audiences....
...Responding to MSG’s decision, a spokesperson for Khan said: “London is open to investment from around the world and Sadiq wants to see more world-class, ambitious, innovative entertainment venues in our...
...Maryland Governor Wes Moore said he “looks forward to continuing the strong relationship between the state of Maryland and the Orioles . . we are proud that this transaction won’t change that”....
...The belated IPO pitch highlighted Endeavor’s growing dominance in multiple areas of media and entertainment: global sports, live events and talent representation....
...And Silver Lake said last month that it was considering taking entertainment group Endeavor private again after the company and its chief executive Ari Emanuel became frustrated with lacklustre share price...
...Inter Miami, which is backed by investment group Ares Management and co-owned by construction billionaire Jorge Mas and his brother Jose, has emerged as a symbol of the convergence of sports, entertainment...
...Endeavor’s controlling shareholder Silver Lake is leading a buyout, as DD reported last week, with a potential deal for the Hollywood talent agency-turned entertainment juggernaut that would be one of the...
...Nick Clarry, managing partner and head of CVC’s sports, media and entertainment team, said the company planned to improve the RuneScape games as well as their accessibility on various platforms....
...Trish Duggan, ex-wife of venture capitalist Bob Duggan, and World Wrestling Entertainment co-founder Linda McMahon....
...Results: Entertainment group Warner Bros Discovery is expected to update investors on its streaming plans when it reports quarterly earnings later today....
...Read, watch, listen and enjoy innovative digital journalism with the FT app. Download it here....
...The more plausible alternative is to add entertainment systems, paid for by passengers or used to show adverts. If customers can bear that aggravation, robotaxi rides might even be free....
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