According to Greif’s review of regulatory filings, Endeavor’s debt stands at roughly $5.1 billion.Another high profile agent, Duncan Millership, a partner at WME who represented Hugh Jackman and Helena Bonham Carter, did announce that he had joined Anonymous Content as a manager, the same day the agency said it was letting go a number of its agents.Stacy Perman is an enterprise staff writer for Company Town covering the business of the film industry at the Los Angeles Times.The deal marks a long-awaited shortening of the traditional theatrical window for Hollywood movies.“There’s a great demand for events and content,” he said. “Put that all together, and add that we’re not hiding from the fact that we are making cost cuts, that makes for a lot of chatter. However, according to someone close to Greenburg who was not authorized to speak, the top agent has told at least two individuals that he is not leaving the agency.On Monday, Endeavor disclosed it had raised $260 million in a debt offering, mainly from the investment firm Oaktree Capital. It was also expected to help tamp down Endeavor’s considerable $4.6 billion debt, bankroll further acquisitions and garner a windfall for executives, many of whom had taken equity in exchange for deferring bonuses.“Change is on the horizon, and it has to be massive,” said Los Angeles investment banker Lloyd Greif. The wildcat mentality of courage, ...Endeavor is a platinum member of the Midland Chamber of Commerce, our business community’s premier organization for learning, networking, and enhancing visibility in Midland. In 2012, the Menlo Park firm invested $200 million in exchange for a 31% stake of the company, upping the ante two years later with $500 million more for an additional 20% stake.
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Big ones” — being fodder for the Hollywood rumor mill is par for the course.Given the financial picture, Greif doesn’t think that Endeavor has enough cash to last through January, adding, “Silver Lake will need to make a decision whether to bail them out or not.”Get our revamped Envelope newsletter, sent twice a week, for exclusive awards season coverage, behind-the-scenes insights and columnist Glenn Whipp’s commentary.“Ari has inherited that singular place in the representation community as kind of an iconic figure,” added Nunan, a former studio executive. Like others inside Endeavor, this individual believes these stories have been advanced by rival agencies.The celebrity status of Emanuel, widely seen as the role model for fictional super agent Ari Gold on HBO’s “Entourage,” has helped fuel the intense interest, said Tom Nunan, a lecturer at the UCLA School of Theater, Film & Television.More From the Los Angeles TimesWGA members strongly endorsed a three-year contract that increases residual payments for high-budget shows on streaming services, among other gains.“They can’t sit on their hands in this environment,” Greif said.