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Miss Universe is for sale for $20M, according to The New York Post article, September 1, 2022 1113


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Miss Universe is for sale for $20M, according to The New York Post article, September 1, 2022 1113
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Miss Universe is for sale for $20M, according to The New York Post article, September 1, 2022

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Post  bonner Fri Sep 02, 2022 6:35 am

Miss Universe is for sale for $20M, according to The New York Post article, September 1, 2022
Miss Universe is for sale for $20M, according to The New York Post article, September 1, 2022 30230210
Superagent Ari Emanuel struggles to dump Miss Universe pageant for $20M: source
By Alexandra Steigrad
September 1, 2022 | 4:16pm

Famed superagent Ari Emanuel’s Endeavor is having an ugly time trying to find a buyer for his struggling beauty pageant business, and refuses to chop the price, The Post has learned.

Emanuel, the inspiration for fictional Hollywood agent Ari Gold in HBO’s hit show “Entourage,” has been shopping around his Miss Universe business for the last six months for $20 million, with no luck, a source with knowledge said.

The hard-charging CEO of Endeavor, which owns the Ultimate Fighting Championship and the William Morris Talent Agency, snapped up the beauty pageant organization from Donald Trump in 2015 ahead of his presidential bid.

Although the sale price was not disclosed, financial statements related to Trump’s political campaign said the organization was worth between $5 million and $25 million and had $3.4 million in revenue.

Emanuel has been trying to woo foreign investors based in Asia and South America, the sources said. A person familiar with Endeavor’s thinking said in order to offload the asset, the price of Miss Universe may be lowered a little, but not much.

The mogul doesn’t like “admitting” he “lost money” on anything, so the price likely won’t be dropped “enough,” the person added.
Endeavor declined to comment.

A person familiar with the situation said a buyer is interested but declined to provide details.

The insider said Miss Universe has been profitable on average since Endeavor bought it — if the pandemic year is stripped out. The organization was forced to cancel events in 2020.

Endeavor, which went public in 2021, has been looking to prune some lackluster businesses as it hunts for more acquisitions and grows lucrative, money-making divisions like MMA league UFC, insiders said.

The Miss Universe pageant, which was founded in 1952, was first televised in 1955 by CBS. It emerged as a competitor to the Miss America pageant, which was founded in 1921. Although the two pageants are often confused, the Miss America pageant is owned by the nonprofit Miss America Organization, which also runs a scholarship program that was launched in 1945

Link:
https://nypost.com/.../superagent-ari-emanuel-struggles.../
bonner
bonner
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Number of posts : 115438
Age : 34
Location : Makati City, Philippines
Favourite Pageant : Miss Universe
Bb Pilipinas
Favourite Miss : Lalaine Bennett (Philippines Universe 1963 - From our Town Bayombong)
Rachel Smith(Miss USA 2007)
Angela Martini (Miss Albania Universe 2010)

Registration date : 2008-11-17
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Post  bonner Sat Sep 03, 2022 7:16 am

This is not political, but I hope Trump will buy it again. I miss the glitz and glam
bonner
bonner
FORUM ADMINISTRATOR
FORUM ADMINISTRATOR

Number of posts : 115438
Age : 34
Location : Makati City, Philippines
Favourite Pageant : Miss Universe
Bb Pilipinas
Favourite Miss : Lalaine Bennett (Philippines Universe 1963 - From our Town Bayombong)
Rachel Smith(Miss USA 2007)
Angela Martini (Miss Albania Universe 2010)

Registration date : 2008-11-17
Male

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Post  Wojtek Sat Sep 03, 2022 7:51 pm

bonner wrote:This is not political, but I hope Trump will buy it again. I miss the glitz and glam

Me too! IMG has destroyed this pageant.

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Miss Universe is for sale for $20M, according to The New York Post article, September 1, 2022 Source
Wojtek
Wojtek
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Number of posts : 29557
Age : 32
Location : Poland
Favourite Pageant : None
Favourite Miss : Aneta Kreglicka, Alyssa Campanella
Registration date : 2010-06-24
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