Austin Butler and Jodie Comer pose for photos while stepping out for the 2024 Indianapolis 500 race held at Indianapolis Motor Speedway on Sunday (May 26) in Speedway, Ind.
09.05.2024 - 12:15 / deadline.com
Endeavor Group Holdings posted a 16% increase in total revenue in the first quarter thanks to the WWE-UFC merger, though the company’s divisions outside of Owned Sports Properties each saw downturns.
Total revenue came in at $1.85 billion, with the rise from a year ago largely due to the influx from the WWE, which joined with UFC to create TKO Group in a deal last September. Revenue in the Owned Sports Properties division shot up 94%. Endeavor controls 51% of TKO.
Net losses reached 46 cents a share, compared with a profit of 3 cents a share in the year-ago period. Adjusted EBITDA was $374.1 million.
Endeavor last month announced it is planning to go private in a deal valued at $13 billion. That transaction is expected to close in the first quarter of 2025.
Revenue in the Experiences & Rights division fell 7% to $744.9 million, with the June 2023 sale of IMG Academy taking a toll along with the timing of media rights linked to certain biennial events from 2023 that were absent from the 2024 quarter. Increases at the company’s On Location business, the Miami Open, and growth from other events, including Barrett-Jackson’s Scottsdale event helped offset those negatives. Adjusted EBITDA in the division fell 11% to $95.9 million.
Representation revenue slipped 1% to $345.3 million, with the company blaming “certain fashion projects that took place in the first quarter of 2023 that did not occur in the first quarter of 2024.” Those headwinds were partially countered by growth in WME’s music, talent, sports, and comedy divisions. Adjusted EBITDA of $65.2 million for the quarter, down almost 23%.
Sports Data & Technology revenue slid 10% to $90.7 million, hurt by the loss of certain data rights at IMG Arena but offset by
Austin Butler and Jodie Comer pose for photos while stepping out for the 2024 Indianapolis 500 race held at Indianapolis Motor Speedway on Sunday (May 26) in Speedway, Ind.
Dwayne Johnson is looking very different on the set of his new movie, The Smashing Machine.
Gene Maddaus Senior Media Writer The producer of Destry Allyn Spielberg‘s feature film debut said Thursday that the production has paid its debts to its vendors in New Mexico. The film, “Please Don’t Feed the Children,” wrapped production last fall, but still owed about $200,000 to various rental houses. The vendors were told several times over the last five months that they would be paid shortly, but those promises went unfulfilled.
Jack Butland insists ‘defiant’ Rangers are out to salvage some pride when they take on Celtic at Hampden.
Elle King spoke out for the first time about her drunken performance during Dolly Parton’s 78th birthday celebration at Nashville’s Grand Ole Opry in January.The 34-year-old country star sparked backlash after she fumbled lyrics, cursed at the audience and admitted she was “hammered” during a tribute to Parton at the famed music venue.During an appearance Thursday on the “Dear Chelsea,” podcast, King opened up about the incident.“I haven’t spoken about it, because, one, I had to just chill. It was a big deal,” the “Ex’s and Oh’s” singer told podcast host Chelsea Handler.“I had been going through something very heavy and traumatic in my life at the time.”The Ohio native noted there were two shows celebrating Parton at the Grand Ole Opry on the day of her performance.“And that day was a really big day dealing with what I was going through, and that I’m still going through, and I suffer from severe PTSD,” King said.“I hadn’t eaten, I hadn’t slept in days and I was really overwhelmed. I was like a shell of myself.”King recalled that she was asked if she could fill in as the headliner after another singer dropped out three hours before the back-to-back shows due to a snowstorm.The four-time Grammy Award nominee told Handler that the first show was ‘f—— perfect,” but trouble ensued after she drank between performances.“I take one shot too many, and I’m just not there in my body.
Elle King spoke out for the first time about her drunken performance during Dolly Parton's 78th birthday celebration at Nashville's Grand Ole Opry in January. The 34-year-old country star sparked backlash after she fumbled lyrics, cursed at the audience and admitted she was "hammered" during a tribute to Parton at the famed music venue. During an appearance Thursday on the "Dear Chelsea," podcast, King opened up about the incident.
The main cast of Jim Jarmusch‘s first film since 2019’s “The Dead Don’t Die” has been revealed, and what a cast it is. Variety reports that Adam Driver, Mayim Bialik, Jarmusch regular Tom Waits, Charlotte Rampling, Indya Moore, and Luka Sabbat join Cate Blanchett and Vicky Krieps on “Father Mother Sister Brother.” Jarmusch has already wrapped shooting, with post-production underway in NYC, so expect the film to be ready for a premiere later this year.
Jim Jarmusch’s anticipated next film, “Father Mother Sister Brother.” They’re joining Cate Blanchett and Vicky Krieps, who were previously rumored to be starring after being photographed on set. “Father Mother Sister Brother” recently wrapped production in Paris following shoots in Dublin, Ireland and in the Northeastern U.S. Post-production has begun New York, and the film is expected to be finished later this year.
Christopher Vourlias Ukrainian filmmaker Sergei Loznitsa arrives at the Cannes Film Festival this week with his latest documentary, “The Invasion,” worried that the world’s attention has largely drifted from the Ukraine conflict in the two-plus years since Russia’s brutal and unprovoked invasion. The film premieres with a special screening May 16. Yet from the movie’s powerful opening sequence, which follows a funeral procession for four soldiers killed in battle, Loznitsa reminds us that the war continues to extract a devastating cost from its victims.
Ilana Glazer and Michelle Buteau‘s new movie Babes is hitting theaters this weekend!
Gerard Butler is in talks to star in the upcoming movie Empire State, an action-thriller about an attack on the New York City skyscraper.
Kelly Clarkson have been intrigued by her noticeable weight loss, sparking speculation and curiosity about the methods behind her transformation. Finally, during a recent episode of “The Kelly Clarkson Show,” the Grammy Award-winning artist addressed these rumors head-on, revealing that she has been using a popular weight loss drug to aid her journey towards a healthier lifestyle.In a candid conversation with guest Whoopi Goldberg, Clarkson delved into her experience with weight loss and the reasons behind her decision to incorporate weight loss medication into her routine.Clarkson’s discussion with Goldberg highlighted the pressures and challenges of maintaining a healthy lifestyle in the public eye.
Jamie Lang Onza Distribution has closed three new deals for the Italian thriller series “Flowers Over the Inferno,” an Italian crime drama that scored a 25% audience share during its domestic run on RAI 1. Public broadcaster SBS Australia, Walter Presents in the U.K., and Antenaplay in Romania have picked up the show.
David Bowie‘s hit ‘Young Americans’, who has died at the age of 78.It was confirmed on his official social media accounts that he had passed away on Sunday (May 12) from complications of prostate cancer. He had been diagnosed with the disease in 2018 but had continued performing until recently and had live appearances booked into 2025.“It is with sad and heavy hearts that we convey to you the loss of internationally renowned, 6 time Grammy Award-winning, saxophonist, David Sanborn,” read the statement.
Cara Delevingne isn’t going to sit around and ignore fan speculation on social media! Not when it comes to something as serious as this, at least.
Brian Steinberg Senior TV Editor Fox Corp. said it swung to a profit in its fiscal third quarter despite slumps in advertising revenue, largely due to the absence of charges associated with a massive legal setback tied to Fox News Channel and a boost in affiliate fees.
The leading ladies of Pretty Little Liars: Summer School hit the black carpet at the season two premiere held at TCL Chinese Theatre on Tuesday (May 7) in Hollywood.
Tori Spelling is all about accessorizing — especially in the bedroom!
Jazz Tangcay Artisans Editor On-set photographer Kyle Bono Kaplan and art photographer Bryan Schutmaat have collaborated to showcase their work taken during the shooting of Jeff Nichols’ film “The Bikeriders” in a new coffee table book titled “Vandals: The Photography of The Bikeriders.” “The Bikeriders” is a drama directed by Nichols and stars Austin Butler, Jodie Comer and Tom Hardy. It is adapted from Danny Lyon’s book, and follows the rise and fall of a fictional 1960s motorcycle club in the Midwest. Michael Shannon, Mike Faist and Norman Reedus round out the ensemble.
MadRiver Pictures has closed a multi-year equity financing and distribution deal with several major international distribution partners which gives it the ability to fully finance films at a budget of $25M-$75M for the global theatrical marketplace.