Endeavor Revenue Rises On Unscripted Growth, UFC-WWE Merger Aims to Close Next Month

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Endeavor Revenue Rises On Unscripted Growth, UFC-WWE Merger Aims to Close Next Month
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Endeavor, led by Ari Emanuel, reported a rise in revenue in its representation division despite the impact of the Writers Guild strike. In Q2 2023, the company's total revenue reached $1.436 billion, with a net income of $666.5 million and EBITDA of $304.9 million. The growth in its divisions and the $1.25 billion sale of IMG Academy contributed to the positive financial results. Additionally, the merger between UFC and WWE is expected to be finalized next month.

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saw its revenues rise and delivered a healthy profit in Q2 2023, with each of its divisions posting improvements from the prior year.

Total revenue was $1.436 billion, with net income of $666.5 million, and EBITDA of $304.9 million. That was due to the growth in its divisions, as well as the $1.25 billion sale of IMG Academy.and WWE is expected to close next month, in mid-to-late September, and that the company expects to begin making its quarterly cash dividend at the end of Q3. It will also commence a $300 million share repurchase plan.

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