: Endeavor Group full-year sales forecast comes up short of estimates, but says it expects to launch buyback, dividend


Endeavor Group Holdings Inc. Chief Executive Ari Emanuel on Tuesday said the Hollywood writers strike would likely ding the company’s representation business and could lead to more non-scripted material, but he said the effects further out were currently difficult to gauge.

Still, the Hollywood mogul said the entertainment, sports and streaming giant could lean on backlogs of scripted material, should the strike end up stretching on for longer. The company’s representation business, through the WME and IMG Models, represents…

This article was originally published by Marketwatch.com. Read the original article here.

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