As the Writers Guild of America strike moves into its second week, the chief executive of Endeavor, Ari Emanuel, said, “We completely support our clients in this situation.
There are real issues that have to be addressed. We support our clients as they navigate these.” Talking with Wall Street analysts after quarterly earnings, the longtime uber-agent said it was hard to gauge the financial impact on Endeavor – none of the company’s latest financial forecasts included a hit – but that guidance would come next quarter if the strike is still ongoing. “The duration is something I can’t tell you, because I’ve been through many strikes.
The last one lasted 100 days, the one before that was less. But the issues as it relates to royalties, the size of the writers’ room, AI — there are six or seven issues surrounding it.
I can’t tell you if there is going to be an impact [on Endeavor] and what the impact is because I just don’t know the duration of it.
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