Endeavor Group: Even With Risks, New Sports Events Could Justify A Position

Hohaf Investments
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Summary

  • Endeavor Group presents itself as a global sports and entertainment company making dollars out of media production and distribution, brand licensing, and experiential marketing.
  • Management signed the acquisition of the Mutua Madrid Open in Europe and agreements for the UFC, PBR, and Euroleague.
  • I assumed that landmark partnership deals, sponsorship revenue, and licensing revenue will continue to creep up.
  • Endeavor signed acquisitions like that of OpenBet, in which estimated sales growth stood at a CAGR of 23%.

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alfexe

Endeavor Group Holdings, Inc. (EDR) recently signed new partnerships in Europe, which will likely enhance sales growth from 2022. Besides, management noted that the Owned Sports Properties segment will likely be more valuable over time. In my view, even with changes in consumer

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