Endeavor shares fall after video shows UFC boss Dana White hitting wife on New Year’s Eve

Endeavor shares fall after video shows UFC boss Dana White hitting wife on New Year’s Eve


Dana White appears at the UFC 282 post-fight press conference on December 10, 2022, at the T-Mobile Arena in Las Vegas, NV.

Amy Kaplan | Icon Sportswire | Getty Images

Media and entertainment company Endeavor saw its shares fall on Tuesday after a video showing Dana White, the president of its Ultimate Fighting Championship business, slapping his wife.

Endeavor shares were down more than 8% on Tuesday afternoon.

This week, a video published by TMZ showed White getting into an altercation with his wife, Anne, at a New Year’s Eve party in Cabo San Lucas, Mexico. In the video, it appears the two are arguing before Anne White slaps Dana White. He then slaps her.

Endeavor and the UFC didn’t immediately respond to requests for comment.

White issued a public apology Monday, according to media reports. Anna White also issued a separate statement to TMZ, calling it isolated incident.

White is synonymous with UFC, having served as its president since 2001.

In 2014, White spoke out about domestic violence after Ray Rice of the NFL assaulted his fiance, saying you “don’t bounce back from putting your hands on a woman,” according to media reports. “Been that way in the UFC since we started here.”

Following the comments, White also revealed the UFC screens people for domestic violence.

Hollywood powerhouse Endeavor began as a talent agency and was co-founded by one of the industry’s most recognizable agents, Ari Emanuel. Endeavor has bulked up over the years through a series of acquisitions, owning and managing live events like the Miami Open and the Miss Universe international beauty pageant.

Endeavor acquired a controlling interest in the UFC, a popular mixed martial arts league, in 2016. It took full ownership of UFC in 2021, the year Endeavor had its initial public offering, according to a securities filing.



Source

What wealthy parents need to know about giving real estate to their kids
Business

What wealthy parents need to know about giving real estate to their kids

A local house with a porch in Edgartown on Martha’s Vineyard, Massachusetts, USA. Wolfgang Kaehler | Lightrocket | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The great wealth […]

Read More
The summer box office sizzled, but brace for a cooldown until November
Business

The summer box office sizzled, but brace for a cooldown until November

Movie stills from Disney’s “Lilo & Stitch” and “Fantastic Four” and Warner Bros. Discovery’s “Superman.” Courtesy: Disney | 20th Century Studios | Marvel Studios | Warner Bros. Discovery Superheroes, dinosaurs and a genetically altered alien dog helped propel the summer box office haul above 2024 levels, but that momentum is about to stall. Heading into […]

Read More
John Deere faces a crossroads amid decreasing demand, increasing investments
Business

John Deere faces a crossroads amid decreasing demand, increasing investments

Attendees view a John Deere 7R 270 row crop tractor at the Deere & Co. booth during the World Ag Expo at the International Agri-Center in Tulare, California on February 11, 2025. Patrick T. Fallon | AFP | Getty Images John Deere is facing a crossroads as the company continues to see weaker demand in […]

Read More