EXCLUSIVE:Endeavoris putting its money into non-scripted television.
Weve heard that Michaels has already been scouting out potential acquisitions and is in talks for a nine-figure deal.
It was originally formed by Michaels in 2003 and sold to Legendary Entertainment for over $150M in 2014.
Michaels bought it back in 2018 and restored the original brand name in 2019.
It marks the latest production play for Endeavor.
It still owns 20% of the company, which has been rebranded as Fifth Season.
Steve Michaels
Endeavor is the ideal partner for our next chapter of growth in the non-scripted space, said Michaels.
Were excited to provide new partners with unique opportunities that amplify their vision, brands and businesses.
Rebecca is a key architect of Endeavors content strategy.
Weve long admired Steve and Asylums stellar work, added Sanhueza.
