Mandated by the franchise agreement the company signed with the Writers Guild of America in February, the forthcoming sale of Endeavor Content will see Ari Emanuel’s shop part with 80% of its interests in making scripted film and television. But, Emanuel noted, unscripted content is still in play.
“We’ll still have 20% of the restricted business, and nonscripted we will grow significantly. We think its a huge grower on a global scale. It’ll also be local, U.S. domestic. We will move into that space pretty aggressively,” said Emanuel, speaking at Tuesday’s Goldman Sachs Communacopia conference.
Variety reported last week that Endeavor was seeking a minimum of $500 million for Endeavor Content from a mix of strategic buyers. At the conference, Emanuel said an ideal model for their sale