Owen Teague and Freya Allan are hitting the red carpet!
08.04.2024 - 18:21 / deadline.com
More of former TKO Group Executive Chairman Vince McMahon‘s large stake in the company is changing hands, with Endeavor and TKO agreeing to buy a combined $311.2 million of his stock.
In an SEC filing, Endeavor Group said it would buy shares worth about $146.2 million. TKO Group Holdings, which Endeavor controls, will buy another $165 million in stock.
The moves follow recent comments about McMahon’s TKO position by Mark Shapiro, who is president and COO of TKO and Endeavor. On TKO’s quarterly earnings call in February with Wall Street analysts, he said the company was “on the sideline” waiting to see if McMahon would be shedding any more of his holdings. He noted that McMahon at that time still owned about 20 million shares in TKO even after selling more than 8 million last November for more than $700 million.
McMahon has needed to shore up funding for his legal expenses. The pro wrestling impresario abruptly exited as board chairman early in 2024 after a graphic lawsuit was filed by a former employee, accusing him of sex trafficking and sexual assault. Having built the WWE into a lucrative global business and cultural force over more than four decades, McMahon oversaw the merger of the wrestling organization with the UFC in a $21.4 billion combination that created TKO.
Asked on the call about the prospect of the company buying additional shares from McMahon, Shapiro said the management team would “have a look.” He added that the parties are not in any dialogue and McMahon would not have a role in the company in the future. “We’re not having any discussion with him,” Shapiro said. “He’s given us no point of view on his motive or his plans to sell or not sell, or if he does, how much. So, we’re going to wait around
Owen Teague and Freya Allan are hitting the red carpet!
EXCLUSIVE: No decision has been made official, but sources tell Deadline that New Line is the favorite to land the package that is based on the biography The Chris Farley Show with Paul Walter Hauser attached to play the legendary comedian. The pitch is based on the book by Farley’s brother Tom Farley Jr. and Tanner Colby and will be adapted by Scott Neustadter and Michael H. Weber with Josh Gad directing. Lorne Michaels, who found and cast Farley in Saturday Night Live in the ’90s, is producing through his Broadway Video.
Todd Spangler NY Digital Editor Ari Emanuel, in his capacity as CEO of TKO Group Holdings — the parent company of UFC and WWE — had a compensation package last year that hit nearly $65 million. TKO granted Emanuel, who also is CEO of Endeavor, a base salary of $911,538, plus a $24 million cash bonus and stock awards worth $40 million in 2023, per a regulatory filing by TKO. All told, the exec’s pay package totaled $64.91 million.
Ari Emanuel, CEO of TKO Group as well as the soon-to-be-private Endeavor, saw a pay package valued at $64.9 million in 2023 as CE0 of TKO Group, the home of WWE and UFC. TKO is a relatively new company that started trading on the New York Stock Exchange last September.
Naman Ramachandran “Homeland” actor David Harewood thinks that actors should be able to “Black up” for roles, but warns “it’d better be fucking good.” Speaking to The Guardian, Harewood, who also serves as president of prestigious British drama school the Royal Academy of Dramatic Art, said: “We’re at this strange point in the profession where people go: ‘Oh, you can’t play that role because you’re not disabled, or you can’t play that because you’re not really from there.’ The name of the game is acting.” He added, “Yes, we’ve got to be representative, but I do think we have to be careful. That even extends to ‘Othello’ in Blackface. I say, if you want to Black up, have at it, man.
Peter Andre has admitted that naming their newborn baby is still proving to be a bit of a challenge.
now? Don’t get it twisted, we’re dealing with a real rogue’s gallery of toxic narcissists, serial cheaters, and boy-men here, and James is no exception. But still, the more Tom Sandoval refuses to take accountability for the hurt he’s caused, the more James Kennedy starts to look like the accountability king.Let me explain.More than anything else, is a show that rewards patience. would have meant nothing had we not watched these people’s relationships grow from their very beginnings.
The UK's most expensive streets to live on with the highest house prices and rent costs have been revealed, with Buckingham Gate in central London topping the list. According to Rightmove, properties on this Westminster street near Buckingham Palace and the Houses of Parliament are selling for an average price of a staggering £9.6 million.
Pierce Brosnan And Amir El-Masry have signed on to star in the sports drama Giant from AGC Studios about the life of British-Yemeni boxer Prince Naseem “Naz” Hamed and his rags-to-riches ascent to a world championship under the tutelage of his Irish-born boxing trainer Brendan Ingle.
Laura Anderson has left fans wondering what’s going on between her and Hollyoaks ’ Gary Lucy as she posted a cryptic quote to Instagram. Former Love Island contestant Laura, 34, and Gary, 42, had been dating on-and-off since first meeting on Celebs Go Dating and they welcomed a daughter, Bonnie, together in September 2023. However, the pair have since split again with Laura confirming she’s single.
Wide-leg trousers are universally flattering on all body shapes and one £32.99 pair from New Look are proven to be a must-have for fashion fans.
Matt Donnelly Senior Film Writer Ryan Reynolds’ potty-mouthed superhero Deadpool made a Las Vegas convention hall blush on Thursday, unveiling nine minutes of vulgar and hilarious footage from the upcoming sequel “Deadpool and Wolverine” at CinemaCon. Stacked with meta jokes about Disney’s Marvel Studios finally making an R-rated film – and just how unprepared the company’s executives are for this kind of release – the annual gathering of global movie theater owners ate up all the raunch. They also cheered for the briefest look at Hugh Jackman‘s return as Wolverine, the X-Men character he’s played on and off for years.
Cillian Murphy has revealed his affection for a certain Irish football pundit and former player.Speaking recently for a profile in the Financial Times, the Cork-born actor opened up about his love for fellow Irishman and footballing legend Roy Keane, who is the joint most successful Irish footballer of all time.Keane, 52, spent 13 years of his 18 year-long footballing career at Manchester United, as well as representing the Republic of Ireland at multiple international competitions.Speaking of Keane, who went on to work as a studio analyst and pundit for ITV and Sky Sports, Murphy said: “[Roy Keane] is actually one of my favourite people.”He continued: “I met him once in an airport, and we had a very intense chat for about an hour and a half.”When asked if he saw a “kindred spirit” between the two, the Peaky Blinders star replied: “I did. He’s got that thing, that Cork sense… straight to the heart of the issue.”“He’s a legend,” he added.
Todd Spangler NY Digital Editor Vince McMahon continues to cash out of his stock in TKO Group Holdings, the company formed by the merger of WWE and UFC that is majority-owned by Endeavor. McMahon, the founder of WWE, resigned from the board of TKO Group in January 2024 in the wake of sexual assault and sex trafficking allegations against him by a former employee as detailed in a lawsuit. McMahon has strongly denied the allegations.
Michaela Zee Stephanie McMahon opened the second night of WrestleMania 40 during a surprise appearance Sunday in Philadelphia’s Lincoln Financial Field. “Every WrestleMania is special for its own reason,” Stephanie McMahon told the crowd at the WWE event. “But I think Wrestlemania 40 might be the one I am most proud of, because this is the first WrestleMania of the Paul Levesque era.” Her husband Levesque, also known by his ring name Triple H, is the chief content officer and head of creative at WWE.
Todd Gilchrist editor As the star of “Sixteen Candles,” “Pretty in Pink” and “The Breakfast Club,” Molly Ringwald understands why she’s still considered “the patron saint of teenagers.” Commercially successful and critically acclaimed, those films — and her performances — depicted adolescents with an emotional sophistication like few films before them. But Ringwald was bringing that complexity to the screen from her first role in Paul Mazursky’s “Tempest,” and the fact that she’s continued to do so throughout her career is why she’s set to receive the Variety Creative Vanguard Award at the Miami Film Festival on April 6.
Scoop ( Friday, April 5), centers on Prince Andrew's first sit-down interview about his friendship with convicted sex offender, the late financier, (which later resulted in him stepping down from official royal duties), but the more profound story here is how it happened.That's where Anderson comes in. She plays BBC Newsnight anchor and journalist, Emily Maitlis, who conducted the infamous 2019 interview after months of tenacious work by her producer, Sam McAlister (played by Billie Piper), to secure the booking.“I remember hearing about the interview, but I hadn't seen it right [away],” Anderson tells me over Zoom from her New York hotel room.
Silver Lake’s plan to take Endeavor private includes an investment of $250 million of seed equity “into a new business to be founded, managed and controlled” by executive chairman Patrick Whitesell.
Freaks and Geeks actor and comedian Joe Flaherty has passed away at 82 years old. Joe also starred as Donald alongside Adam Sandler in the hit film Happy Gilmore.
The Prince and Princess of Wales' and their three young children will not be joining the rest of the Royal Family at the traditional Easter Sunday Matins Service at St George's Chapel, Windsor.The family of five are expected instead to spend the day at their Anmer Hall home in Norfolk. Prince George, Princess Charlotte and Prince Louis broke up from school for the Easter holidays on Friday, 22 March - the same day that Kate bravely revealed she had been diagnosed with cancer and is undergoing chemotherapy treatment.The home, which was given to the couple by Queen Elizabeth II after their wedding in 2011, is thought to be their favourite residence to escape to - and is somewhere where they have a wide circle of close friends.