Terms of Use and Privacy Policy and Safety Information / Your California Privacy Rights are applicable to you. ^ Back to Top ^ © 2023 ESPN Internet Ventures. The previous controlling owners, brothers Lorenzo and Frank Fertitta, purchased the company in 2001 for $2 million. It marked the largest single financial transaction in sport's history. The UFC announced it had been sold for more than $4 billion in July. The company is comprised of industry leaders including entertainment agency WME sports, fashion, events and media company IMG and premier mixed martial arts organization UFC. Emanuel told WSJ, "I think it's a mainstream sport now." In addition to investments, the celebrity group will likely help market the UFC. Good agencies don’t just book jobs too they help build careers. That means ensuring that the set is safe, working hours are reasonable, contracts are in place, and no laws will be violated. "Our new investors bring an incredible depth of knowledge and experience to help us continue to elevate this brand and capitalize on its entertainment and sports crossover appeal." Any modelling agency can screen clients and book shoots, but the right agency will work to protect your child’s welfare at all costs. "Expanding our ownership group to include this caliber of talent and entrepreneurs is a strong indicator of UFC's fast-growing global presence," UFC president Dana White said Friday in a statement. WME-IMG has formed a new holding company under the name Endeavor, The Hollywood Reporter has learned.The moniker is, of course, a callback to Endeavor Talent Agency, the firm co-founded by Ari. Terms of the investments were not disclosed. Others announced Friday include Ben Affleck, Tom Brady, Robert Kraft, Mark Wahlberg, Adam Levine, Cam Newton, Serena Williams, Venus Williams, Maria Sharapova, The Weeknd, Anthony Kiedis, Flea, Li Na, Guy Fieri, Calvin Harris, LL Cool J, Michael Bay, Trey Parker, Tyler Perry, Jimmy Kimmel, Rob Dyrdek and Sylvester Stallone.Īccording to a report by The Wall Street Journal, WME-IMG co-CEO Ari Emanuel enlisted celebrities he "knew to be fans of the sport" to join the UFC ownership group. On Thursday, late night talk show host Conan O'Brien, a client of WME-IMG, announced a "small ownership stake" in the UFC. Hollywood talent agency WME-IMG has enlisted a group of celebrities - at a minimum investment of $250,000 each, sources told ESPN's Darren Rovell - to help finance its recent $4 billion acquisition of the UFC. UFC investors include Tom Brady, Cam Newton, Serena Williams “In creating Endeavor, we now have a holding company that represents the very definition of the word itself, constantly striving to push boundaries on behalf of our clients and owned properties.You have reached a degraded version of because you're using an unsupported version of Internet Explorer.įor a complete experience, please upgrade or use a supported browser Our businesses across the representation space include WME, The Harry Walker Agency, IMG Models, The Wall Group and Art + Commerce. “WME-IMG represented a pivotal moment in our company’s history, but it does not accurately reflect the extent of our diversity or indicate where we’re headed,” Emanuel said in a statement. Both will continue to sit on the board of the company. With the new name, WME-IMG co-CEOs Emanuel and Whitesell become Endeavor CEO and Endeavor executive chairman, respectively. But unlike Miss America’s talent portion, or the. In 2009, Emanuel and Endeavor executive Patrick Whitesell orchestrated the merger with the William Morris Agency to create WME. Both Miss USA and Miss Universe are now owned and operated by WME/IMG talent agency Trump sold them in 2015 but the values haven’t. The moniker is, of course, a callback to Endeavor Talent Agency, the firm co-founded by Ari Emanuel. WME- IMG has formed a new holding company under the name Endeavor, The Hollywood Reporter has learned.
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