Welcome to our dedicated page for Endeavor Group Holdings news (Ticker: $EDR), a resource for investors and traders seeking the latest updates and insights on Endeavor Group Holdings stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Endeavor Group Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Endeavor Group Holdings's position in the market.
Rhea-AI Summary
Netflix and WWE announced a long-term partnership that will bring WWE's flagship weekly program, Raw, to Netflix exclusively in the U.S., Canada, U.K., and Latin America starting in January 2025. The deal also includes WWE's other weekly shows, Premium Live Events, documentaries, original series, and forthcoming projects. This marks a major programming shift as Raw leaves linear television for the first time in 31 years. The partnership is described as transformative and is expected to dramatically expand WWE's reach and bring weekly live sports entertainment to Netflix's global audience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.21%
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Rhea-AI Summary
TKO Group Holdings, Inc. (NYSE: TKO) appoints Dwayne Johnson to its Board of Directors, granting him full ownership of the trademarked name 'The Rock'. Johnson brings decades of experience in live entertainment and sports, reflecting TKO's commitment to delivering long-term value for shareholders. The appointment aims to expand TKO, WWE, and UFC businesses, representing a significant move in the sports and entertainment industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.21%
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Rhea-AI Summary
TKO Group Holdings, a premium sports and entertainment company (NYSE: TKO), has combined the UFC and WWE global partnerships teams into one unit, providing brands with access to one of the most formidable sports marketing portfolios in the world. This move aims to offer brands unparalleled scale and reach across multiple platforms, including premium live events, original content, and digital media. The newly integrated global partnerships team will focus on creating new revenue opportunities and brand integrations across UFC’s and WWE’s must-watch live and original content, with Grant Norris-Jones leading the unit as Executive Vice President and Head of Global Partnerships for TKO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.91%
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Rhea-AI Summary
Endeavor Group Holdings, Inc. (NYSE: EDR) declared a quarterly cash dividend of approximately $27 million, amounting to $0.06 per share for Class A common stockholders. The dividend will be paid on December 29, 2023, to stockholders of record as of December 15, 2023. Future dividends are subject to various factors including financial condition, market conditions, and legal requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
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Rhea-AI Summary
TKO Group Holdings, Inc. (NYSE: TKO) to participate in UBS Global Media and Communications Conference on December 4, 2023. President and COO Mark Shapiro will speak at 12:45 p.m. Eastern Time. The live session link and replay will be available on the company's investor relations website at investor.tkogrp.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
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Rhea-AI Summary
TKO Group Holdings, Inc. (NYSE: TKO) announced a public offering of 8,400,000 shares of Class A Common Stock by Selling Stockholder Vincent K. McMahon at $79.80 per share. TKO will repurchase $100.0 million of shares. CEO and directors also purchased shares. Morgan Stanley & Co. LLC is the book-running manager for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
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Rhea-AI Summary
TKO Group Holdings, Inc. (NYSE: TKO) announced a secondary offering of 8,400,000 shares of Class A common stock by a stockholder with the Company intending to repurchase $100.0 million of shares. The net proceeds will go to the Selling Stockholder, and several company directors have expressed interest in purchasing shares at the public offering price. Morgan Stanley & Co. LLC will act as the book-running manager for this offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
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Rhea-AI Summary
Endeavor Group Holdings, Inc. (NYSE: EDR) released Q3 2023 financial results, reporting $1.344 billion in revenue, a net loss of $116.0 million, and $311.6 million in adjusted EBITDA. The company closed UFC and WWE transactions to form TKO Group Holdings, Inc., held multiple ticket sales records at live events, and initiated a quarterly cash dividend. The formal review of strategic alternatives was announced.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
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Rhea-AI Summary
TKO Group Holdings, Inc. (NYSE: TKO) announced the completion of the transaction to combine UFC and WWE, forming a new company. The special one-time cash dividend of $3.86 per share of Class A common stock was declared, and Third Quarter 2023 Financial Highlights include revenue of $449.1 million, net income of $22.0 million, and adjusted EBITDA of $239.7 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
Rhea-AI Summary
Silver Lake, a global technology investing firm, has announced that it is exploring the possibility of taking Endeavor Group Holdings private. Silver Lake, which owns approximately 71% of the voting power of Endeavor, believes in the business and is not interested in selling its shares or entertaining bids for assets. The firm has been a committed investor since 2012 and has made significant investments to support Endeavor's growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25.62%
Tags
Endeavor Group Holdings, Inc.
NYSE:EDR
EDR Rankings
EDR Stock Data
8.00B
185.25M
0.78%
101.69%
2.03%
Entertainment
Communication Services
United States of America
BEVERLY HILLS
About EDR
Endeavor Group Holdings Inc is an American holding company for talent and media agencies with its primary offices in Beverly Hills, California, United States. Endeavor represents artists in film, television, music, theater, digital media, and publishing.