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

📆 9/8/2566 6:13:00
📰 THR

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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.

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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