Jason Lublin: Celebs Rumors

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Endeavor Q4 2023 Results Dented by Write-Offs, WWE-Related Legal and Restructuring Costs

Cynthia Littleton Business Editor Endeavor‘s fourth-quarter results reflected the company’s growth in sports through the acquisition of WWE last September, but its bottom line was hit by nearly $30 million in legal and restructuring costs and $47 million in write-offs from its Events, Experiences and Rights division. Last year Endeavor also paid out $101 million in advisory fees and bonuses related to the WWE merger with Endeavor’s UFC as well as the sale of its IMG Academy business.
variety.com

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