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Top related persons:
David Zaslav - 1 That's - 1 Ari Emanuel - 1 Reed Hastings - 1 Bob Iger - 1 Walt - 1 Ted Sarandos - 1 Rupert Murdoch - 1
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Hollywood - 1 Los Angeles Times - 1 Warner Bros - 1 Discovery Inc - 1 Times - 1 Writers Guild of America - 1 Endeavor Group Holdings Inc - 1 Netflix - 1

Search resuls for: "Endeavor Group Holdings Inc"


6 mentions found


☆ The top Hollywood exec made $498 million in the last 5 years—384 times as much as the average writer
  + stars: | 2023-06-01 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com   time to read: +4 min
That's a staggering 384 times the average pay of a Hollywood writer. Overall, average pay for Hollywood's top execs climbed to $28 million in 2021, up 53% from 2018 (and roughly 108 times the average writer's pay) according to the analysis, which uses compensation data from the research firm Equilar and includes stock options, base salaries, bonuses and other perks. Meanwhile, average pay for Hollywood writers has remained virtually flat at about $260,000 as 2021, the Times reports. Hollywood executive pay dropped in 2022 due to stock market volatility and investor pressure to make streaming profitable. From 1978 to 2021, CEO pay grew by 1,460%, adjusted for inflation, versus just 18.1% for the typical worker.
Persons: David Zaslav, That's, Ari Emanuel, Reed Hastings, Bob Iger, Walt, Ted Sarandos, Rupert Murdoch, Lachlan Murdoch, Brian Roberts, Joseph Ianniello, Patrick Whitesell, Kaitlin Fontana, Kelly Evans Organizations: Hollywood, Los Angeles Times, Warner Bros, Discovery Inc, Times, Writers Guild of America, Endeavor Group Holdings Inc, Netflix, Walt Disney Co, Fox Corp, Comcast Corp, Paramount Global, Endeavor, Paramount, Disney, Company, WGA, Alliance, Television Producers, LA Times, Economic, Comcast, CNBC Locations: U.S, California
☆ Goldman Sachs names Kim Posnett as global TMT head
  + stars: | 2023-05-03 | by ( Anirban Sen Jaiveer Shekhawat Lananh Nguyen | Anirban Sen | Jaiveer Shekhawat | ) www.reuters.com   time to read: +2 min
May 3 (Reuters) - Goldman Sachs Group Inc (GS.N) has named Kim Posnett as the head of its global technology, media and telecommunications (TMT) investment banking group, according to an internal company memo. Posnett, who is currently the co-head of the One Goldman Sachs initiative at the bank, will continue to hold her existing responsibilities. The One Goldman Sachs initiative aims to integrate the bank's dealings with clients across teams. Posnett, who has also served as the global head of investment banking services at Goldman, is one of the few executives who spoke at the bank's investor day in February alongside its chief executive and finance head. In a separate memo sent out by Goldman's heads of global banking & markets, Ashok Varadhan, Dan Dees and Jim Esposito, Goldman also named Aasem Khalil as the new global head of its Investment Banking Services division.
☆ WWE to Combine With UFC Parent Endeavor
  + stars: | 2023-04-03 | by ( Dean Seal | ) www.wsj.com   time to read: 1 min
The deal to combine the companies is expected to close in the second half of 2023. World Wrestling Entertainment Inc. has reached a deal to combine with Endeavor Group Holdings Inc., the owner of the Ultimate Fighting Championship. The two companies said Monday that Endeavor will hold a 51% controlling interest in their newly formed, publicly traded entity, with WWE owning the remaining 49%.
☆ WWE Nears Sale to UFC’s Endeavor Group
  + stars: | 2023-04-03 | by ( Lauren Thomas | Joe Flint | ) www.wsj.com   time to read: 1 min
The deal is expected to be announced Monday. World Wrestling Entertainment Inc. is nearing a deal to be sold to Endeavor Group Holdings Inc., which owns the Ultimate Fighting Championship, according to people familiar with the matter. As part of the deal, Endeavor’s UFC business and WWE will form a separate publicly traded entity, the people said, in which Endeavor shareholders would hold 51% and WWE shareholders would retain 49%.
☆ Endeavor nears deal to buy Vince McMahon's WWE
  + stars: | 2023-04-02 | by ( Milana Vinn Anirban Sen Dawn Chmielewski | Milana Vinn | Anirban Sen | ) www.reuters.com   time to read: +2 min
Endeavor and WWE did not immediately respond to requests for comment on Sunday. The deal could be announced as early as this week, the sources said. Endeavor shareholders will own 51% of the combined company, while WWE shareholders would get 49%, the sources said. Endeavor is led by Hollywood power broker Ari Emanuel, who earlier this month declined to answer questions about a possible deal. In January, WWE said it would explore strategic options that could include a sale, shortly after Vince McMahon's return to the company.
☆ List of FTX Backers Expands to Include Kraft Group, Other Family Offices
  + stars: | 2023-01-11 | by ( Andrew Scurria | ) www.wsj.com   time to read: 1 min
FTX raised equity capital before its collapse from Robert Kraft‘s Kraft Group and entertainment giant Endeavor Group Holdings Inc., among other newly-identified backers who now face the loss of their investments in the once-highflying exchange. The crypto firm’s chapter 11 administrators disclosed a new roster of its financial backers that listed affiliates of Kraft Group and entertainment giant Endeavor as holding common and preferred stock. FTX also disclosed that it raised capital from affiliates of investment offices including Daniel Och‘s Willoughby Capital LLC and Blue Pool Capital, a Hong-Kong office backed by Alibaba Group co-founder Joseph Tsai, according to the shareholder list, filed in bankruptcy court on Tuesday.
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