It's not too often Manchester City fans can celebrate a United win, but perhaps Sunday was a rare exception.
28.02.2024 - 00:40 / deadline.com
TKO Group Holdings exec Mark Shapiro said the company is “on the sideline” waiting to see if former Executive Chairman Vince McMahon will sell any more of his massive stock holding in the company.
Shapiro, who is president and COO of TKO and holds the same title at its majority owner, Endeavor Group Holdings, noted that McMahon still owns about 20 million shares in TKO despite selling more than 8 million last November. The proceeds from that sale exceeded $700 million.
McMahon abruptly exited as board chairman last month after a graphic lawsuit was filed by a former employee, accusing him of sex trafficking and sexual assault. Having built the WWE into a lucrative global business and cultural force over more than four decades, McMahon oversaw the merger of it with the UFC in a $21.4 billion combination that created TKO this year.
“He’ll do whatever he’s going to do, and we’re all on the sideline,” Shapiro said when asked about the situation on the company’s fourth quarter earnings call. “We’ll have a look, we’ll see. We have no idea on timing. We’re not having any discussion with him. He’s given us no point of view on his motive or his plans to sell or not sell, or if he does, how much. So, we’re going to wait around and find out just like you.”
The exec did not specifically address McMahon’s legal woes, but they came to light by implication via a note about the stock sale by TKO CFO Andrew Schleimer during the call. Ari Emanuel, CEO of both Endeavor and TKO, did not offer any comment on McMahon.
Asked to clarify his forecast that the company intends to hold off on capital allocation until 2025, Schleimer said management expects to be in a “meaningful cash position” at the end of this year as it looks to keep its
It's not too often Manchester City fans can celebrate a United win, but perhaps Sunday was a rare exception.
Christopher Vourlias When two-time Olympic sailing champion Sofia Bekatorou revealed in 2020 that she had been raped by a senior member of the Greek sailing federation while competing for the national team, she inspired dozens of other women to break their silence, sparking the country’s #MeToo movement. In her feature-length directorial debut, “Tack,” which premiered this week at the Thessaloniki Documentary Festival, Greek-British filmmaker Vania Turner follows one such story: the shocking case of a younger sailor, Amalia Provelengiou, who alleged she’d been repeatedly abused and raped by her coach — beginning when she was only 12 years old.
One of Jimmie Allen‘s sexual assault cases has been dropped.
Axl Rose has filed a motion to dismiss the sexual assault lawsuit that was made against him in late 2023.In November, a lawsuit was filed in New York’s Supreme Court against the Guns N’ Roses frontman, alleging that he sexually assaulted the model Sheila Kennedy in 1989.In the lawsuit, Kennedy claimed that she was 26 and he was 27 when they first met at a nightclub in New York. Upon meeting, Rose is said to have invited Kennedy to his hotel room.At first, there was an initial consensual kiss, where Rose is alleged to have “pushed Kennedy against the wall”.
Chris Willman Senior Music Writer and Chief Music Critic Jimmie Allen is no longer the subject of a sexual assault lawsuit that was filed by one of his former managers last June, as the Jane Doe in question has now dropped the country singer from the suit as part of a settlement. In a statement issued to Variety and other media, the woman’s attorneys at FeganScott confirmed that they have filed paperwork asking the U.S.
Advertiser reported.Outside court Ms Blancada’s lawyer Andrew Graham read a statement on behalf of the Wolf Creek actor.“Ms.
Stockport County could play in front of 18,000 people after it unveiled plans to expand its home. More details have been shared on the bid to grow Edgeley Park, where County have played since 1903. The club are currently flying high in League Two, but can only host 10,852 fans on matchdays.
Savina Petkova “Mistrivsel” is a Danish word that roughly translates as depression, and its use has proliferated in recent year, especially when talking about young people. Instead of asking why that is, Copenhagen-born director Camilla Magid decided to document how one institution is coming up with alternative remedies for that dark state of mind.
Earl Spencer, brother to the late Diana, Princess of Wales, has opened up about his childhood trauma in his latest memoir. He admitted that he was sexually abused by a female staff member at boarding school during his younger years.
Michael Jackson biopic will reportedly address the allegations of child sexual abuse against the singer.Given that the film has the approval of the Jackson estate, it had been unclear whether the film would explore the most controversial aspects of his life, but a new report suggests it will.Puck News’ Matthew Belloni has obtained an early draft of the script, and says that the film “wants very much to convince you Michael is innocent”, adding that it goes to “great lengths to minimise and downplay the actual claims and eviscerate the Chandlers”.In 1993, Evan Chandler, a dentist and screenwriter based in Los Angeles, accused Jackson of sexually abusing his 13-year-old son Jordan. The case was concluded when the two parties reached a financial settlement in 1994.In 2013, four years after Jackson’s death, the choreographer Wade Robson filed a lawsuit against his estate, saying Jackson had sexually abused him between the ages of seven and 14.
Sandra Hüller (a Best Actress nominee) and Christian Friedel, stars of Jonathan Glazer’s The Zone of Interest — nominated for Best Picture, Best International Picture, Director, Sound, and Adapted Screenplay — are familiar with Shakespeare’s famous verse from Hamlet: ”All the world’s a stage, and all the men and women are merely players …” That’s because both thespians have been playing the Danish prince on stages around Germany for years.
Marilyn Manson has attempted a comeback by announcing his first live dates since 2019.The disgraced singer is set to support Five Finger Death Punch on a run of dates across North America in August and September. Controversial deathcore band Slaughter To Prevail – whose frontman Alex Terrible has expressed homophobic and transphobic views – also set to open for them.The dates are the first since a raft of sexual abuse allegations were levelled against him in February 2021, including by his ex-fiancee Evan Rachel Wood, who made allegations of rape, torture, and threats.
Paula Abdul is speaking out via her legal team after the latest development in her lawsuit against Nigel Lythgoe.
The Amanda Show.Bell will appear on the upcoming Discovery show Quiet On Set: The Dark Side Of Kids TV, which airs later this month, to say that he was abused by Brian Peck, a dialogue coach who worked on the show.Bell starred on The Amanda Show on the network from 1999 to 2002, before landing his own show, Drake & Josh, in 2004.Peck was arrested in August 2003 on over a dozen charges relating to sexual abuse involving an unnamed minor. In 2004, he pleaded no contest to performing a lewd act with a 14- or 15-year-old, and to oral copulation with a minor under 16.
So You Think You Can Dance co-creator and former judge Nigel Lythgoe has been accused of sexual assault for the fourth time in less than three months.
Todd Spangler NY Digital Editor Vince McMahon, the founder of WWE who resigned from the board of TKO Group earlier this year amid sexual assault allegations against him, filed to sell $411.95 million worth of TKO stock, according to a regulatory filing. McMahon’s sale comprised 5.35 million shares of TKO, per an SEC filing Monday. That came after he sold 8.4 million shares of Class A common stock in TKO — in sale worth $670.3 million — last November.
Zack Sharf Digital News Director Former Nickelodeon star Drake Bell is coming forward in the upcoming Investigation Discovery series “Quiet on Set: The Dark Side of Kids TV” to allege he was a victim of Brian Peck‘s sexual abuse. Peck worked as a dialogue coach on Nickelodeon’s “All That” and “The Amanda Show,” the latter of which starred Bell from 1999 to 2002.
Nigel Lythgoe called Paula Abdul “erratic” when the former American Idol judge accused him of sexual assault late last year. Today, seeking to have Abdul’s complaint “dismissed in its entirety with prejudice,” the veteran competition show producer made it official with a filing of his own.
EXCLUSIVE: After a five-year run at the company and the recent acquisition of Oscar nominee Io Capitano, Robert Aaronson has been promoted to Executive Vice President of Cohen Media Group (CMG).
Celtic told Atletico Madrid they wanted £25million for Matt O'Riley in January – and that demand sent the Spanish giants packing.