Inside Endeavor’s Dire, Debt-Filled Fall From Hollywood’s Heights

“Endeavor will be bloody from head to toe,” Eric Schiffer, CEO of The Patriarch Organization, tells TheWrap

The past six months for the empire that Hollywood power brokers Ari Emanuel and Patrick Whitesell built has played out like the tragic third reel of a film in which the protagonist falls from grace — hard, and fast.

After years of leading the William Morris Endeavor talent agency with a brazen, no-holds-barred approach, Emanuel and Whitesell borrowed billions of dollars to acquire glitzy media assets, such as events behemoth IMG and the mixed-martial-arts league UFC in an attempt to diversify the company and test just how close to the sun Endeavor could fly.

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Trey Williams

Trey Williams

Film Reporter covering the biz • trey.williams@thewrap.com • Twitter: @trey3williams