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-0.000976792751524131 -0.00131361783825652 -0.00282933072855265 -0.00808380208157898 -0.00990265754993422 -0.00872376974637072 -0.00737646939944079 -0.0117551955269629
Stock impact report

Korean Entertainment Giant CJ ENM Acquires Stake In Endeavor Content [Forbes]

Endeavor Group Holdings, Inc. Class A (EDR) 
Last endeavor group holdings, inc. class a earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: edrtrust.com
Company Research Source: Forbes
South Korean director Bong Joon-ho accepts the award for Best International Feature Film for... [+]'Parasite' during the 92nd Oscars. (Photo by Mark RALSTON / AFP) (Photo by MARK RALSTON/AFP via Getty Images)South Korean entertainment giant CJ ENM has entered into a definitive agreement to acquire an 80% stake of the scripted business of US-based global premium content studio, Endeavor Content, from its parent company Endeavor Group Holdings for $775 million.The deal to acquire the 80% stake, including management rights, was approved by CJ ENM’s board of directors on Nov. 19. Endeavor will retain 20% of the scripted portion of the business, in addition to retaining the non-scripted portion of the business, as well as certain documentary and film sales and financing consulting services. Endeavor Content’s Graham Taylor and Chris Rice will continue to lead the studio as co-CEOs. The two companies anticipate the deal will close in the first quarter of 2022.“Four years ago, we set out to Show less Read more
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