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Silver Lake Bids $7.4 Million for Endeavor, Vice Cuts Jobs and Shutters Site and Hollywood Tries to Smash the Patriarchy

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thewrap.com

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newsletter@thewrap.com

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Fri, Feb 23, 2024 01:47 AM

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Plus: Former Deadspin editor charged in 2022 Fox News leak, Execs redefine success in 'Peaked TV' er

Plus: Former Deadspin editor charged in 2022 Fox News leak, Execs redefine success in 'Peaked TV' era and ‘Rust’ armorer trial opens [Silver Lake Set to Drop $7.4 Billion Bid for Endeavor: Analysts]( By Eileen AJ Connelly Private equity group Silver Lake Management is readying a $30-a-share bid for Endeavor Group that will drop soon, according to analysts at Deutsche Bank. That price would add up to a 24% premium over Endeavor’s $24.13 closing price in Wednesday’s session and would cost Silver Lake $7.4 billion, the investment bank estimated in a note to clients detailed by financial data provider TheFly.com. [Read More]( --------------------------------------------------------------- [Bruce Dixon Vice]( [Vice Cuts 'Several Hundred Positions,' Shutters News Site]( By Natalie Korach Vice Media has ceased to publish on its news website and plans to lay off “several hundred” staffers, according to an internal memo sent from CEO Bruce Dixon to staff on Thursday. “After careful consideration and discussion with the board, we have decided to make some fundamental changes to our strategic vision at Vice,” the memo read. [Read More]( --------------------------------------------------------------- [How Hollywood Tried To Smash The Patriarchy in 2023]( By Salamishah Tillet Artwork by Laurie Simmons By Salamishah Tillet [Read More]( --------------------------------------------------------------- [Tim Burke]( [Former Deadspin Editor Charged in 2022 Fox News Leak That Revealed Tucker Carlson's Off-Air Comments]( [Paula Kerger, John Landgraf and Lisa Katz]( [In Their Own Words: Disney, FX, NBCU, Warner TV Execs Redefine Success in ‘Peaked TV’ Era]( [Hannah Gutierrez-Reed]( ['Rust' Armorer Trial Opens With Defense Calling Hannah Gutierrez-Reed a 'Scapegoat': 'Least Powerful Person' on Set]( [Reddit Inks $60 Million-a-Year Deal To Train Google AI Ahead of Expected IPO | Report]( --------------------------------------------------------------- [Wrap Pro logo] Discover why entertainment executives and professionals rely on the WrapPRO platform daily for exclusive coverage, analysis, deeper reporting, and access to VIP events & screenings throughout the year. [Subscribe Today]( --------------------------------------------------------------- [Facebook]( [Twitter]( [Instagram]( [YouTube]( TheWrap | 2034 Armacost Ave Los Angeles, CA 90025 [Preferences]( | [Unsubscribe]( [LiveIntent Logo]( [AdChoices Logo](

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