We have taken the company from eight times levered to below four, he said of Endeavor.
I am sleeping, because of that, four hours to eight hours.
Deleveraging is very high on the list of priorities.
Ari EmanuelAmy Sussman/Getty Images
As relates to the WWE, I think its an incredible asset.
Weve been in business with Vince for over two decades.
Hes as good as it gets.
He created one of the great assets of all times, he said.
It went public in April of 2021.
Most media stocks including Endeavor have seen a runup this year after a dismal 2022.
Endeavor last week reported a solid fourth quarter and 2023 outlook.
They are Owned Sports (UFC), Events, Experiences & Rights, and Representation.
Betting will now be broken out as well.
We have been around a very short time.
People are just trying to unpack the segments, said Emanuel.
Comcast is seen as perhaps the likeliest buyer for WWE.
And Theyre not not paying Keanu Reeves or Mark Wahlberg or Matt Damon or Ben Affleck or Marty Scorsese.
Theyre paying those people.
They have to figure out their cost-savings someplace else.
A lot of people have movies and television in their mind, but, Its a very big business.
We monitor things every day, he said.
