Paris Olympics Boost Endeavor Earnings as Silver Lake Deal Nears Completion

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On Location's hospitality business during Paris 2024 lifted the entire company, as multiple deals loom.

in its third quarter, with the company’s owned sports segment grew by 53 percent, and with the Paris Olympics bolstering the company’s events and experiences division.

The company’s events, experiences and rights segment saw its revenue soar by more than 145 percent year over year to $899.8 million thanks to On Location’s hospitality business at the 2024 Paris Olympics Endeavor is in the midst of multiple deals that will remake the company. First, it plans to offload PBR, On Location and IMG to TKO, which it also controls. It is also seeking buyers for the Miami Open, the Madrid Open, Frieze, OpenBet and IMG Arena.

 

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