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CJ ENM completed the acquisition of a 80% stake in Endeavor Content from Endeavor Group Holdings for $775m.

Synopsis

CJ ENM, a Korean entertainment company, completed the acquisition of a 80% stake in Endeavor Content, a content studio, from Endeavor Group Holdings, a global sports and entertainment company, for $775m. "We are thrilled for this next chapter as we seek to unlock even greater value for talent and our producer partners. With the addition of CJ ENM, our mission to empower creators and foster an inclusive environment that promotes diverse content on a global scale only grows stronger," Graham Taylor and Chris Rice, Endeavor Content co-CEOs.

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