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Dana White appears to be happy with his working relationship with UFC owner Ari Emanuel. White had a strong bond with the UFC’s previous owners, Lorenzo and Frank Fertitta. When Endeavor first purchased the promotion, many didn’t know what …
Dana White appears to be happy with his working relationship with UFC owner Ari Emanuel. White had a strong bond with the UFC’s previous owners, Lorenzo and Frank Fertitta. When Endeavor first purchased the promotion, many didn’t know what to expect. Endeavor is a Hollywood agency juggernaut ran by Emanuel and Patrick Whitesell. It’s clear […]
The post Dana White Weighs In On Business Relationship With UFC Owner Ari Emanuel appeared first on MMA News.
Dana White appears to be happy with his working relationship with UFC owner Ari Emanuel. White had a strong bond with the UFC’s previous owners, Lorenzo and Frank Fertitta. When Endeavor first purchased the promotion, many didn’t know what …
Dana White appears to be happy with his working relationship with UFC owner Ari Emanuel. White had a strong bond with the UFC’s previous owners, Lorenzo and Frank Fertitta. When Endeavor first purchased the promotion, many didn’t know what to expect. Endeavor is a Hollywood agency juggernaut ran by Emanuel and Patrick Whitesell. It’s clear […]
The post Dana White Weighs In On Business Relationship With UFC Owner Ari Emanuel appeared first on MMA News.
Endeavor, the parent company of the UFC, is filing to go public. The company previously known as WME-IMG acquired the UFC in 2016 for $4 billion. It was first reported in March this year that they were preparing to go public. And according to The Hollywood Reporter, they are now entering the first stage of […]
The post UFC Parent Company Endeavor Files To Go Public appeared first on LowKickMMA.com.
Endeavor, the parent company of the UFC, is filing to go public.
The company previously known as WME-IMG acquired the UFC in 2016 for $4 billion. It was first reported in March this year that they were preparing to go public.
And according to The Hollywood Reporter, they are now entering the first stage of filing for an IPO. They are notably looking to raise $500 million at a valuation of more than $6 billion.
Endeavor also represents the NFL and NHL while owning the talent agency William Morris Endeavor as well. According to THR, they have more than 6,000 clients in entertainment and sports.
“Content is no longer defined solely by the traditional categories on which our businesses were founded,” CEO Ari Emanuel said in the company’s Securities and Exchange Commission filing on Thursday (via CNN). “Television, movies and live events have been joined by others including podcasts, experiences, social media, multiplayer video games and esports.
“Wherever you are in the world and whatever way you define content, Endeavor is likely playing a role.”
It is not clear what exactly this means for the UFC or how operations will be affected. However, the UFC has certainly made the company more attractive to interested stockholders, especially after inking a long-term deal with ESPN last year.
In addition, financial numbers such as fighter pay and yearly revenues, that have long been private, will now be made available to the public.
UFC President Dana White has notably spoken out in the past against going public.
“I’ve never been a fan of the UFC going public,” White said. “Can you picture me running a public company? No, I can’t either. Let’s take some bets on how long I’ll last in a public company. What’s the over-under on that one?”
It will be interesting to see what developments occur in the near future.
The post UFC Parent Company Endeavor Files To Go Public appeared first on LowKickMMA.com.
Endeavor — the parent company to the UFC — has filed to go public on the New York Stock Exchange. The company filed paperwork with Securities and Exchange Commission this week while offering an insight into their financial holdings and profitability fo…
Endeavor — the parent company to the UFC — has filed to go public on the New York Stock Exchange. The company filed paperwork with Securities and Exchange Commission this week while offering an insight into their financial holdings and profitability for the first time ever. In addition to owning the UFC, Endeavor is one […]
The post UFC Parent Company Endeavor Officially Files to Go Public appeared first on MMA News.
Ultimate Fighting Championship (UFC) President Dana White thinks he could be on his way out if the Endeavor LLC-owned promotion goes public. It appears that the owners of the UFC are still trying to recoup some of the $4 billion that they spent in 2016 to acquire the mixed martial arts juggernaut. Reports have circulated […]
The post Dana White ‘Not A Fan’ Of The UFC Going Public Because He’d ‘Probably Get Fired’ appeared first on LowKickMMA.com.
Ultimate Fighting Championship (UFC) President Dana White thinks he could be on his way out if the Endeavor LLC-owned promotion goes public.
It appears that the owners of the UFC are still trying to recoup some of the $4 billion that they spent in 2016 to acquire the mixed martial arts j
Reports have circulated that indicate the promotion is likely to go public by year’s end. Meaning, you, me, or your favorite fighter can now own a piece of the UFC pie. Albeit a very, very small piece.
White sees the writing on the wall.
“I’ve never been a fan of the UFC going public,” White told 8 Las Vegas. “Can you picture me running a public company? No, I can’t either. Let’s take some bets on how long I’ll last in a public company. What’s the over-under on that one?”
Although he has taken the UFC from obscurity to mainstream sport, White’s Modus Apprendi would not jive with a boardroom full of shareholders.
White did just sign a seven-year contract extension after the success of the new ESPN deal. All of a sudden, he doesn’t think his future with the company is such a lock.
There’s always Zuffa Boxing, right?
The post Dana White ‘Not A Fan’ Of The UFC Going Public Because He’d ‘Probably Get Fired’ appeared first on LowKickMMA.com.
UFC president Dana White isn’t going anywhere but back to work. On Monday, White announced that he has signed a new seven-year deal with Endeavor — the owners of the UFC — to stay on as president. “Ari Emanuel and I just signed a new seven year deal, t…
UFC president Dana White isn’t going anywhere but back to work. On Monday, White announced that he has signed a new seven-year deal with Endeavor — the owners of the UFC — to stay on as president. “Ari Emanuel and I just signed a new seven year deal, too,” White revealed when speaking to UFC […]
The post Dana White Re-Ups With New Seven Year Deal to Remain UFC President appeared first on MMA News.
