’s 2020 pay package totaled $14.38 million, the company revealed in an SEC filing registering for an IPO fresh off a deal with writers and as its business slowly returns to normal after a real punishing by Covid.
Emanuel and Whitesell, alongside hedge fund Silver Lake, each own a chunk of the company. The preliminary prospectus doesn’t include a price range or size for the IPO. Ownership and economic interest tables are still blank — all will be updated in future filings. So while anticipated proceeds to Endeavor aren’t clear, the company said it will use them for working capital, general corporate purposes or possibly buying “complementary businesses or assets.
Total long-term debt at year end stood at $5.7 billion. Debt racked up as the company diversified weighed on it during Covid, when credit ratings agencies looked more favorably on companies with bigger cash cushions.