The life of a Gogglebox star is more demanding than it appears, and the dedicated TV enthusiasts are rewarded for their time spent in front of the screen.
02.04.2024 - 17:47 / deadline.com
Endeavor Group Holdings, parent of talent agency WME and controlling shareholder in combat sports powerhouse TKO Group, is going private.
Private equity firm Silver Lake Capital is leading the privatization, which the company describes as the largest in media and entertainment history and the biggest in any sector over the past decade. The equity value of the acquisition is pegged at $13 billion, with the enterprise value nearly double that when the TKO interest is taken into account.
Shareholders will receive $27.50 in cash for each share, a 55% premium over the closing price last October 25, which was when Endeavor announced it was considering strategic alternatives.
The move ends a mixed 3-year run for Endeavor as a public company. Announced with great anticipation prior to Covid, the effort to take the company public was pulled at the 11th hour in 2019 before finally coming to pass in the spring of 2021. Shares in the company never broke out to become the value generator executives had hoped, though going public did personally enrich CEO Ari Emanuel and other top executives.
Rumors that the company was likely headed for a privatization had been circulating in recent months, especially after TKO’s public stock debut last fall.
Under the go-private deal, Silver Lake will acquire 100% of the outstanding shares it does not currently own.
Emanuel in a press release said Endeavor’s backing from Silver Lake since 2012 has been “central to our evolution.” He said the privatization will “maximize value for all of Endeavor’s public shareholders,” adding that management is “excited to continue to unlock and invest in the growth opportunities ahead as a private company.”
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The life of a Gogglebox star is more demanding than it appears, and the dedicated TV enthusiasts are rewarded for their time spent in front of the screen.
Taylor Swift and Travis Kelce skipped night one of Coachella!
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More of former TKO Group Executive Chairman Vince McMahon‘s large stake in the company is changing hands, with Endeavor and TKO agreeing to buy a combined $311.2 million of his stock.
Todd Spangler NY Digital Editor Vince McMahon continues to cash out of his stock in TKO Group Holdings, the company formed by the merger of WWE and UFC that is majority-owned by Endeavor. McMahon, the founder of WWE, resigned from the board of TKO Group in January 2024 in the wake of sexual assault and sex trafficking allegations against him by a former employee as detailed in a lawsuit. McMahon has strongly denied the allegations.
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Todd Spangler NY Digital Editor Patrick Whitesell, executive chairman of WME parent Endeavor, is launching a new media company backed by Silver Lake as part of the private-equity firm’s deal to take Endeavor private. Silver Lake will invest $250 million of seed equity into a new business to be founded, managed and controlled by Whitesell, according to an Endeavor SEC filing Wednesday.
Silver Lake’s plan to take Endeavor private includes an investment of $250 million of seed equity “into a new business to be founded, managed and controlled” by executive chairman Patrick Whitesell.
Lizzo has explained what she meant when she declared ‘I QUIT’ in a social media post, clarifying that it doesn’t mean she is quitting music.At the weekend, the artist took to social media to hit back against “being dragged by everyone in my life”, which some interpreted to mean that she was contemplating walking away from the music industry.“I’m getting tired of putting up with being dragged by everyone in my life and on the internet,” she wrote. “All I want is to make music and make people happy and help the world be a little bit better than how I found it.“But I’m starting to feel like the world doesn’t want me in it.
Todd Spangler NY Digital Editor Endeavor, three years after the sports and entertainment company went public, announced that it has entered into an agreement to be acquired by private-equity firm Silver Lake. The deal gives Endeavor an equity value of $13 billion, the companies said.
botty. There’s no business like show business — and now robots are getting their big break thanks to Alba Renai.
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When she was . Now that she is officially in her Challengers era, For the film's Australian premiere on March 26, she wore a (complete with player), and for the day's photo call, she sported a high-fashion twist on classic tennis whites (see what I did there?), which you can see on This content can also be viewed on the site it from.The look, according to Zendaya's stylist Law Roach, is custom Lacoste, designed by the brand's creative director Pelagia Kolotouros. It includes a sleeveless cropped athletic top and matching white hot-pants, worn under a dramatic, sheer mesh maxi skirt with a major thigh slit.
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BBC TV licence fee for 2024-2025 is increasing in price this year following a two year freeze period.This year, the fee for a colour licence will increase to £169.50 up from the previous £159 fee, while a black and white licence costs £57, increasing from £53.50 last year.According to the TV Licensing website, the government is responsible for setting the level of the licence fee and in December 2023 the Secretary of State announced that the “government would raise the licence fee by 6.7 per cent, in line with inflation, taking effect from April 1 2024.”They add: “This is a rise of under 3p a day and is the first time the licence fee has increased since April 1 2021. The Government decided that the licence fee would rise annually in line with inflation from April 1 2024 for the remaining four years of the Charter period.
Perezodamus is so good! Talking Princess Catherine, the Princess Of Wales. Here’s a snippet of our much longer chat. This and much more on our latest show! CLICK HERE to listen to the newest episode of The Perez Hilton Podcast with Chris Booker in full at PerezPodcast.com
"The sooner you are dead, the better," a drunk thug told his partner before throwing acid at her. Matthew Kenner's vile messages also included: "Die in your sleep, you c***."
Residents on a quiet residential street in Tameside have spoken of their shock after the bomb squad were called in. It on The scare began on Pottinger Street in Ashton-under-Lyne at around midday on Sunday (March 24).