Endeavor (EDR) 10-Q9 May 242024 Q1 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	3 Months Ended
Cover Page - shares	Mar. 31, 2024	Apr. 30, 2024
Document Information [Line Items]
Document Type	10-Q
Document Period End Date	Mar. 31, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Entity Registrant Name	ENDEAVOR GROUP HOLDINGS, INC.
Entity Central Index Key	0001766363
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Securities Act File Number	001-40373
Entity Shell Company	false
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Address, State or Province	CA
Entity Incorporation, State or Country Code	DE
Title of 12(b) Security	Class A Common Stock, par value $0.00001 per share
Trading Symbol	EDR
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Address, Address Line One	9601 Wilshire Boulevard
Entity Address, Address Line Two	3rd Floor
Entity Address, City or Town	Beverly Hills
Entity Address, Postal Zip Code	90210
Entity Tax Identification Number	83-3340169
City Area Code	310
Local Phone Number	285-9000
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		302,461,128
Common Class X [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		165,059,586
Common Class Y [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		225,347,636

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 778,643	$ 1,166,526
Restricted cash	322,377	278,456
Accounts receivable (net of allowance for doubtful accounts of $67,449 and $66,650, respectively)	1,087,852	939,790
Deferred costs	656,122	627,170
Other current assets	558,023	452,605
Total current assets	3,403,017	3,464,547
Property and equipment, net	950,207	944,907
Operating lease right-of-use assets	435,818	320,395
Intangible assets, net	5,099,843	5,212,365
Goodwill	10,081,052	10,151,839
Investments	404,210	397,971
Deferred income taxes	433,081	430,765
Other assets	705,515	621,984
Total assets	21,512,743	21,544,773
Current Liabilities:
Accounts payable	608,855	587,608
Accrued liabilities	835,996	710,725
Current portion of long-term debt	54,753	58,894
Current portion of operating lease liabilities	68,275	76,229
Deferred revenue	798,192	807,568
Deposits received on behalf of clients	308,601	262,436
Current portion of tax receivable agreement liability	120,527	156,155
Other current liabilities	132,595	137,330
Total current liabilities	2,927,794	2,796,945
Long-term debt	4,955,400	4,969,417
Long-term operating lease liabilities	409,894	287,574
Long-term tax receivable agreement liability	718,643	834,298
Deferred tax liabilities	526,505	528,049
Other long-term liabilities	560,895	405,979
Total liabilities	10,099,131	9,822,262
Commitments and contingencies (Note 16)
Redeemable non-controlling interests	229,287	215,458
Shareholders' Equity:
Additional paid-in capital	4,955,083	4,901,922
Accumulated deficit	(272,473)	(117,065)
Accumulated other comprehensive loss	(20,543)	(157)
Total Endeavor Group Holdings, Inc. shareholders' equity	4,662,073	4,784,706
Nonredeemable non-controlling interests	6,522,252	6,722,347
Total shareholders' equity	11,184,325	11,507,053
Total liabilities, redeemable interests and shareholders' equity	21,512,743	21,544,773
Common Class A [Member]
Shareholders' Equity:
Common stock value	3	3
Common Class B [Member]
Shareholders' Equity:
Common stock value	0	0
Common Class C [Member]
Shareholders' Equity:
Common stock value	0	0
Common Class X [Member]
Shareholders' Equity:
Common stock value	1	1
Common Class Y [Member]
Shareholders' Equity:
Common stock value	$ 2	$ 2

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Net of allowance for doubtful accounts	$ 67,449	$ 66,650
Common Class A [Member]
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common stock, shares issued	301,534,075	298,698,490
Common Stock, shares outstanding	301,534,075	298,698,490
Common Class B [Member]
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common stock, shares issued	0	0
Common Stock, shares outstanding	0	0
Common Class C [Member]
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common stock, shares issued	0	0
Common Stock, shares outstanding	0	0
Common Class X [Member]
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	4,983,448,411	4,983,448,411
Common stock, shares issued	165,893,113	166,569,908
Common Stock, shares outstanding	165,893,113	166,569,908
Common Class Y [Member]
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	989,681,838	989,681,838
Common stock, shares issued	225,897,909	225,960,405
Common Stock, shares outstanding	225,897,909	225,960,405

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue	$ 1,850,284	$ 1,596,837
Operating expenses:
Direct operating costs	844,610	724,282
Selling, general and administrative expenses	1,096,246	669,213
Depreciation and amortization	156,349	66,751
Impairment charges	64,196	0
Total operating expenses	2,161,401	1,460,246
Operating (loss) income	(311,117)	136,591
Other (expense) income:
Interest expense, net	(96,559)	(85,097)
Tax receivable agreement liability adjustment	(2,444)	2,344
Other (expense) income, net	(2,922)	24,433
(Loss) income before income taxes and equity losses of affiliates	(413,042)	78,271
(Benefit from) provision for income taxes	(111,834)	35,470
(Loss) income before equity losses of affiliates	(301,208)	42,801
Equity losses of affiliates, net of tax	(2,263)	(6,546)
Net (loss) income	(303,471)	36,255
Less: Net income attributable to non-controlling interests	(166,131)	28,224
Net (loss) income attributable to Endeavor Group Holdings, Inc.	$ (137,340)	$ 8,031
Basic (loss) earnings per share	$ (0.46)	$ 0.03
Diluted (loss) earnings per share	$ (0.46)	$ 0.03
Weighted Average Number of Shares Outstanding, Basic	300,460,640	291,936,777
Weighted Average Number of Shares Outstanding, Diluted	300,460,640	295,285,241

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (303,471)	$ 36,255
Change in unrealized gains/losses on cash flow hedges:
Unrealized gains (losses) on interest rate swaps	6,105	(1,036)
Reclassification of gains to net (loss) income for interest rate swaps	(16,793)	(11,802)
Foreign currency translation adjustments	(20,954)	22,331
Reclassification of foreign currency translation losses to net (loss) income for business divestitures	0	3,270
Total comprehensive (loss) income, net of tax	(335,113)	49,018
Less: Comprehensive (loss) income attributable to non-controlling interests	(177,398)	31,924
Comprehensive (loss) income attributable to Endeavor Group Holdings, Inc.	$ (157,715)	$ 17,094

Consolidated Statements of Rede

Consolidated Statements of Redeemable Interests and Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Additional Paid-in Capital [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Loss [Member]	Parent [Member]	Redeemable Stock [Member] Noncontrolling Interest [Member]	Nonredeemable Non-controlling Interests [Member] Noncontrolling Interest [Member]	Common Class A [Member]	Class X Common Stock [Member]	Class Y Common Stock [Member]
Beginning balance at Dec. 31, 2022	$ 3,053,493	$ 2,120,794	$ (216,219)	$ (23,736)	$ 1,880,844	$ 253,079	$ 1,172,649	$ 2	$ 1	$ 2
Beginning Balance (shares) at Dec. 31, 2022								290,541,729	182,077,479	227,836,134
Comprehensive income (loss)	31,609		8,031	9,063	17,094	17,409	14,515
Equity-based compensation	82,156	77,166			77,166	(1,527)	4,990
Issuance of Class A common stock due to exchanges								6,165,281	(6,165,281)	(313,103)
Issuance of Class A common stock due to releases of RSUs								2,645,345
Distributions	(19,724)					(6,567)	(19,724)
Accretion of redeemable non- controlling interests	(1,387)	(1,387)			(1,387)	1,387
Acquisition of non-controlling interests	2,475					(715)	2,475
Non-controlling interests for sale of businesses						(8,827)
Equity reallocation between controlling and non-controlling interests		57,339		(324)	57,015		(57,015)
Equity impact of tax receivable agreement for exchanges of EOC units and Endeavor Manager units, and deferred taxes arising from changes in ownership	(5,897)	(5,897)			(5,897)
Ending balance at Mar. 31, 2023	3,142,725	2,248,015	(208,188)	(14,997)	2,024,835	254,239	1,117,890	$ 2	$ 1	$ 2
Ending Balance (shares) at Mar. 31, 2023								299,352,355	175,912,198	227,523,031
Beginning balance at Dec. 31, 2023	11,507,053	4,901,922	(117,065)	(157)	4,784,706	215,458	6,722,347	$ 3	$ 1	$ 2
Beginning Balance (shares) at Dec. 31, 2023								298,698,490	166,569,908	225,960,405
Comprehensive income (loss)	(349,839)		(137,340)	(20,375)	(157,715)	14,726	(192,124)
Equity-based compensation	60,656	32,755			32,755		27,901
Issuance of Class A common stock due to exchanges								676,795	(676,795)	(62,496)
Issuance of Class A common stock due to releases of RSUs								2,158,790
Contribution	1,493						1,493
Distributions	(13,653)					(897)	(13,653)
Dividends	(27,094)		(18,068)		(18,068)		(9,026)
Equity reallocation between controlling and non-controlling interests		14,697		(11)	14,686		(14,686)
Equity impact of tax receivable agreement for exchanges of EOC units and Endeavor Manager units, and deferred taxes arising from changes in ownership	5,709	5,709			5,709
Ending balance at Mar. 31, 2024	$ 11,184,325	$ 4,955,083	$ (272,473)	$ (20,543)	$ 4,662,073	$ 229,287	$ 6,522,252	$ 3	$ 1	$ 2
Ending Balance (shares) at Mar. 31, 2024								301,534,075	165,893,113	225,897,909

Consolidated Statements of Re_2

Consolidated Statements of Redeemable Interests and Shareholders' Equity (Unaudited) (Parenthetical)	3 Months Ended
	Mar. 31, 2024 $ / shares
Statement of Stockholders' Equity [Abstract]
Dividends, per share	$ 0.06

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$ (303,471)	$ 36,255
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Depreciation and amortization	156,349	66,751
Amortization and write-off of original issue discount and deferred financing cost	4,361	4,656
Amortization of content costs	12,127	4,026
Impairment charges	64,196	0
Net loss (gain) on sale/disposal and impairment of assets	14,477	(1,097)
Gain on business divestiture	0	(6,183)
Equity-based compensation expense	61,683	78,691
Change in fair value of contingent liabilities	111	(177)
Change in fair value of equity investments with and without readily determinable fair value	(158)	(681)
Change in fair value of financial instruments	(16,510)	(16,991)
Equity losses of affiliates	2,263	6,546
Net provision for allowance for doubtful accounts	1,722	2,083
Net loss (gain) on foreign currency transactions	737	(5,248)
Distributions from affiliates	2,099	1,369
Tax receivable agreement liability adjustment	2,444	(2,344)
Income taxes	(118,144)	26,462
Other, net	(498)	226
Changes in operating assets and liabilities - net of acquisition and divestiture:
Increase in receivables	(153,932)	(73,379)
(Increase)/decrease in other current assets	(4,864)	21,302
Increase in other assets	(99,281)	(55,225)
Increase in deferred costs	(36,563)	(11,824)
(Decrease)/increase in deferred revenue	(1,923)	10,068
Increase in accounts payable and accrued liabilities	155,904	23,590
Decrease in tax receivable agreement liability	(93,637)	(12,559)
Increase in other liabilities	214,241	405
Net cash (used in) provided by operating activities	(136,267)	96,722
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisitions, net of cash acquired	0	(12,237)
Purchases of property and equipment	(62,801)	(55,055)
Proceeds from business divestiture, net of cash sold	0	9,275
Proceeds from sale of assets	11,013	1,218
Investments in affiliates	(21,601)	(18,888)
Other, net	1,142	1,567
Net cash used in investing activities	(72,247)	(74,120)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on borrowings and finance leases	(25,313)	(22,161)
Payments under tax receivable agreement	(62,518)	(37,534)
Distributions	(14,550)	(26,291)
Dividends	(27,094)	0
Redemption payments related to pre-IPO units	0	(1,500)
Acquisition of non-controlling interests	(500)	(500)
Payments of contingent and deferred consideration related to acquisitions	(1,567)	(1,971)
Other, net	(2)	95
Net cash used in financing activities	(131,544)	(89,862)
Change in cash, cash equivalents and restricted cash balances held for sale	0	4,062
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(3,904)	3,468
Decrease in cash, cash equivalents and restricted cash	(343,962)	(59,730)
Cash, cash equivalents and restricted cash at beginning of year	1,444,982	1,045,993
Cash, cash equivalents and restricted cash at end of period	$ 1,101,020	$ 986,263

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ (137,340)	$ 8,031

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Mar. 31, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

DESCRIPTION OF BUSINESS AND ORG

DESCRIPTION OF BUSINESS AND ORGANIZATION	3 Months Ended
DESCRIPTION OF BUSINESS AND ORGANIZATION	Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF BUSINESS AND ORGANIZATION	1. DESCRIPTION OF BUSINESS AND ORGANIZATION Endeavor Group Holdings, Inc. (the "Company" or "EGH") was incorporated as a Delaware corporation in January 2019. The Company was formed as a holding company for the purpose of completing an initial public offering ("IPO") and other related transactions in order to carry on the business of Endeavor Operating Company, LLC (d.b.a. Endeavor) and its subsidiaries (collectively, "Endeavor" or "EOC"). As the sole managing member of Endeavor Manager, LLC ("Endeavor Manager"), which in turn is the sole managing member of EOC, the Company operates and controls all the business and affairs of Endeavor, and through Endeavor and its subsidiaries, conducts the Company’s business. The Company is a global sports and entertainment company. In September 2023, the Company completed the transactions involving the business combination of World Wrestling Entertainment, Inc. ("WWE"), which is a media and entertainment company, and TKO OpCo (the "TKO Transactions"). As part of the TKO Transactions, among other things, a new, publicly listed company, TKO Group Holdings, Inc. ("TKO"), was formed. Upon closing of the TKO Transactions, Endeavor holds a controlling interest in TKO, which became a consolidated subsidiary of the Company.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Mar. 31, 2024
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") and pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC") for reporting interim financial information and should be read in conjunction with the Company’s consolidated financial statements and accompanying footnotes in our Annual Report on Form 10-K for the year ended December 31, 2023. Certain information and note disclosures normally included in the annual financial statements have been condensed or omitted from these interim financial statements. The interim consolidated financial statements as of March 31, 2024 and for the three months ended March 31, 2024 and 2023 are unaudited; however, in the opinion of management, such interim consolidated financial statements reflect all adjustments, consisting solely of normal and recurring adjustments, necessary for a fair statement of its financial position, results of operations and cash flows for the interim periods presente d. Certain prior year amounts were reclassified to conform to the current year presentation. Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the consolidated financial statements and the accompanying disclosures. Significant accounting policies that contain subjective management estimates and assumptions include those related to revenue recognition, allowance for doubtful accounts, content cost amortization and impairment, the fair value of acquired assets and liabilities associated with acquisitions, the fair value of the Company’s reporting units and the assessment of goodwill, other intangible assets and long-lived assets for impairment, consolidation, investments, redeemable non-controlling interests, the fair value of equity-based compensation, tax receivable agreement liability, income taxes and contingencies. Management evaluates these estimates using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and as such, these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s consolidated financial statements in future periods.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	3 Months Ended
RECENT ACCOUNTING PRONOUNCEMENTS	Mar. 31, 2024
Accounting Changes and Error Corrections [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	3. RECENT ACCOUNTING PRONOUNCEMENTS Recently Adopted Accounting Pronouncements In June 2022, the Financial Accounting Standards Board ("FASB") issued an Accounting Standards Update ("ASU") 2022-03, Fair Value Measurements (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions. This ASU clarifies the guidance in Topic 820, Fair Value Measurement, when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of that security. The amendments in this update are effective for public entities for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The Company adopted this guidance on January 1, 2024 with no material effect on the Company’s financial position or results of operations. In March 2023, the FASB issued ASU 2023-01, Leases (Topic 842): Common Control Arrangements. This ASU amends certain provisions in Topic 842, Leases, that apply to arrangements between related parties under common control. The amendments in this update are effective for public entities for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The Company adopted this guidance on January 1, 2024 with no material effect on the Company’s financial position or results of operations. In March 2023, the FASB issued ASU 2023-02, Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (a consensus of the Emerging Issues Task Force). This ASU allows a reporting entity to elect to account for its tax equity investments by using the proportional amortization method regardless of the program from which it receives income tax credits, provided certain conditions are met. The amendments in this update are effective for public entities for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The Company adopted this guidance on January 1, 2024 with no material effect on the Company’s financial position or results of operations. Recently Issued Accounting Pronouncements In August 2023, the FASB issued ASU 2023-05, Business Combinations – Joint Venture Formations (Subtopic 805-60): Recognition and Initial Measurement. This ASU addresses the accounting for contributions made to a joint venture, upon formation, in a joint venture’s separate financial statements. The amendments in this update are effective to all joint venture formations with a formation date on or after January 1, 2025. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In October 2023, the FASB issued ASU 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative. This ASU amends the disclosure or presentation requirements related to various subtopics in the FASB Accounting Standards Codification. The effective dates of this ASU depend on the specific codification subtopic and the date on which the SEC’s removal of that related disclosure requirement from Regulation S-X or Regulation S-K becomes effective. Early adoption is prohibited. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In November 2023, the FASB issued ASU 2023-07, Improvements to Reportable Segment Disclosures. This ASU improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The amendments in this update are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The update should be applied retrospectively to all prior periods presented in the financial statements. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In December 2023, the FASB issued ASU 2023-08, Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets. This ASU requires that crypto assets be measured at fair value in the statement of financial position each reporting period with changes from remeasurement recognized in net income. The amendments also require that an entity provide enhanced disclosures for both annual and interim reporting periods. The amendments in this update are effective for all entities for fiscal years beginning after December 15, 2024, including interim periods within those fiscal years. Early adoption is permitted. The adoption will not have a material effect on the Company’s financial position or results of operations. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. This ASU requires that an entity annually disclose specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold (if the effect of those reconciling items is equal to or greater than 5 percent of the amount computed by multiplying pretax income or loss by the applicable statutory income tax rate). The amendments in this update are effective for all entities for fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In March 2024, the FASB issued ASU 2024-01, Compensation—Stock Compensation (Topic 718). This ASU illustrates how to apply the scope guidance to determine whether a profits interest award should be accounted for as a share-based payment arrange under Accounting Standards Codification (“ASC”) 718 or another accounting standard. The amendments in this update are effective for public entities for fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In March 2024, the FASB issued ASU 2024-02 Codification Improvements – Amendments to Remove References to the Concepts Statements. This ASU amends the ASC by removing references to various FASB Concepts Statements to simplify the ASC and draw a distinction between authoritative and non-authoritative literature. The amendments in this update apply to all reporting entities within the scope of the affected accounting guidance and are effective for public entities for fiscal years beginning after December 15, 2024. Early adoption is permitted in any interim or annual period in which financial statements have not yet been issued. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements.

ACQUISITIONS AND DIVESTITURES

ACQUISITIONS AND DIVESTITURES	3 Months Ended
ACQUISITIONS AND DIVESTITURES	Mar. 31, 2024
Business Combinations [Abstract]
ACQUISITIONS AND DECONSOLIDATION	4. ACQUISITION 2023 ACQUISITION In March 2023, the Company completed an acquisition for a total purchase price of $ 16.8 million including contingent consideration with a fair value of $ 0.8 million. The Company recorded $ 13.6 million of goodwill and $ 7.5 million of intangible assets, of which the weighted average useful life ranges from 4 to 8 years. The goodwill was assigned to the Representation segment and is deductible for tax purposes.

SUPPLEMENTARY DATA

SUPPLEMENTARY DATA	3 Months Ended
SUPPLEMENTARY DATA	Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SUPPLEMENTARY DATA	5. SUPPLEMENTARY DATA Accrued Liabilities The following is a summary of accrued liabilities (in thousands): March 31, December 31, 2024 2023 Accrued operating expenses $ 371,021 $ 333,231 Legal settlement (Note 16) 200,000 — Payroll, bonuses and benefits 159,558 269,340 Other 105,417 108,154 Total accrued liabilities $ 835,996 $ 710,725 Allowance for Doubtful Accounts The changes in the allowance for doubtful accounts are as follows (in thousands): Balance at Additions/Charged Balance at Beginning to Costs and Foreign End of of Year Expenses, Net Deductions Exchange Period Three Months Ended March 31, 2024 $ 66,650 $ 4,109 $ ( 2,387 ) $ ( 923 ) $ 67,449 Supplemental Cash Flow The Company’s supplemental cash flow information is as follows (in thousands): Three Months Ended March 31, 2024 2023 Supplemental information: Cash paid for interest $ 94,800 $ 82,834 Cash payments for income taxes 5,099 14,708 Non-cash investing and financing activities: Capital expenditures included in accounts payable and accrued liabilities $ 52,962 $ 22,922 Non-cash contributions from non-controlling interests 1,493 — Contingent consideration provided in connection with acquisitions — 844 Right-of-use assets obtained in exchange for operating lease obligations 133,311 — Accretion of redeemable non-controlling interests — 1,387 Items arising from exchanges of EOC units and Endeavor Manager units, and changes in ownership: Establishment of liabilities under tax receivable agreement 5,510 38,544 Deferred tax asset 199 32,647

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	3 Months Ended
GOODWILL AND INTANGIBLE ASSETS	Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	6. GOODWILL AND INTANGIBLE ASSETS Goodwill The changes in the carrying value of goodwill are as follows (in thousands): Owned Sports Properties Events, Experiences & Rights Representation Sports Data & Technology Total Balance — December 31, 2023 $ 7,737,884 $ 1,261,893 $ 517,366 $ 634,696 $ 10,151,839 Impairment — — — ( 64,196 ) ( 64,196 ) Foreign currency translation and other ( 337 ) ( 50 ) ( 126 ) ( 6,078 ) ( 6,591 ) Balance — March 31, 2024 $ 7,737,547 $ 1,261,843 $ 517,240 $ 564,422 $ 10,081,052 During the three months ended March 31, 2024, the Company performed an interim impairment review of certain reporting units due to triggering events. As a result of the interim impairment test, the Company recorded total non-cash impairment charges of $ 64.2 million for goodwill driven by lower streaming and data rights projections, all of which were recorded to the Company’s Sports Data & Technology segment. Intangible Assets The following table summarizes information relating to the Company’s identifiable intangible assets as of March 31, 2024 (in thousands): Weighted Average Gross Accumulated Carrying Amortized: Trade names 22.5 $ 3,213,338 $ ( 463,530 ) $ 2,749,808 Customer and client relationships 8.5 2,382,511 ( 1,229,069 ) 1,153,442 Internally developed technology 6.2 324,462 ( 118,361 ) 206,101 Other 4.0 149,430 ( 61,143 ) 88,287 $ 6,069,741 $ ( 1,872,103 ) $ 4,197,638 Indefinite-lived: Trade names 409,140 — 409,140 Owned events 478,607 — 478,607 Other 14,458 — 14,458 Total intangible assets $ 6,971,946 $ ( 1,872,103 ) $ 5,099,843 The following table summarizes information relating to the Company’s identifiable intangible assets as of December 31, 2023 (in thousands): Weighted Average Gross Accumulated Carrying Amortized: Trade names 22.5 $ 3,214,377 $ ( 427,385 ) $ 2,786,992 Customer and client relationships 8 .6 2,385,202 ( 1,176,709 ) 1,208,493 Internally developed technology 6.3 321,240 ( 107,371 ) 213,869 Other 4.0 149,510 ( 54,129 ) 95,381 $ 6,070,329 $ ( 1,765,594 ) $ 4,304,735 Indefinite-lived: Trade names 410,113 — 410,113 Owned events 482,917 — 482,917 Other 14,600 — 14,600 Total intangible assets $ 6,977,959 $ ( 1,765,594 ) $ 5,212,365 Intangible asset amortization expense was $ 108.9 million and $ 41.2 million for the three months ended March 31, 2024 and 2023 , respectively.

INVESTMENTS

INVESTMENTS	3 Months Ended
INVESTMENTS	Mar. 31, 2024
Investments, Debt and Equity Securities [Abstract]
INVESTMENTS	7. INVESTMENTS The following is a summary of the Company’s investments (in thousands): March 31, December 31, 2024 2023 Equity method investments $ 211,253 $ 199,987 Equity investments without readily determinable fair values 192,539 197,659 Equity investments with readily determinable fair values 418 325 Total investments $ 404,210 $ 397,971 Equity Method Investments As of March 31, 2024 and December 31, 2023, the Company held various investments in non-marketable equity instruments of private companies. As of March 31, 2024, the Company’s equity method investments are primarily comprised of the Fifth Season and Sports News Television Limited. The Company’s ownership of its equity method investments ranges from 5 % to 50 % as of March 31, 2024. As of March 31, 2024, the Company's ownership in Fifth Season was approximately 15 %. The Company’s share of the net loss of Fifth Season for the three months ended March 31, 2024 and 2023 was $ 3.7 million and $ 8.5 million, respectively, and was recognized within equity losses of affiliates in the consolidated statements of operations. Equity Investments without Readily Determinable Fair Values As of March 31, 2024 and December 31, 2023, the Company held various investments in non-marketable equity instruments of private companies. For the three months ended March 31, 2024 and 2023 , the Company performed its assessment on its investments without readily determinable fair values and recorded an increase of $ 0.1 million and $ 0.7 million, respectively, in other (expense) income, net in the consolidated statements of operations. The increases were due to observable price changes. For the three months ended March 31, 2024, the Company sold one investment for net consideration of $ 11.0 million and recorded related gains of $ 1.0 million. For the three months ended March 31, 2023, the Company sold two investments for net consideration of $ 2.3 million and recorded related gains of $ 1.1 million.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	3 Months Ended
FINANCIAL INSTRUMENTS	Mar. 31, 2024
Financial Instrument Disclosure [Abstract]
FINANCIAL INSTRUMENTS	8. FINANCIAL INSTRUMENTS The Company enters into forward foreign exchange contracts that economically hedge certain of its foreign currency risks, even though hedge accounting does not apply or the Company elects not to apply hedge accounting. In addition, the Company enters into interest rate swaps to hedge certain of its interest rate risks on its debt. The Company monitors its positions with, and the credit quality of, the financial institutions that are party to its financial transactions. As of March 31, 2024, the Company had the following outstanding forward foreign exchange contrac ts (all outstanding contracts have maturities of less than 12 months from March 31, 2024) (in thousands except for exchange rates): Foreign Currency Foreign US Dollar Weighted Average British Pound Sterling £ 57,424 in exchange for $ 72,659 £ 0.79 Euro € 7,616 in exchange for $ 8,340 € 0.91 Singapore Dollar S$ 6,400 in exchange for $ 4,814 S$ 1.33 Canadian Dollar C$ 3,150 in exchange for $ 2,340 C$ 1.35 United Arab Emirates Dirham د.إ 8,200 in exchange for $ 2,234 د.إ 3.67 For forward foreign exchange contracts not designated as cash flow hedges, the Company recorded a net (loss) gain of $( 0.5 ) million and $ 3.2 million for the three months ended March 31, 2024 and 2023, respectively, in other (expense) income, net in the consolidated statements of operations. In certain circumstances, the Company enters into contracts that are settled in currencies other than the functional or local currencies of the contracting parties. Accordingly, these contracts consist of the underlying operational contract and an embedded foreign currency derivative element. Hedge accounting is not applied to the embedded foreign currency derivative element. The Company recorded a net gain of less than $ 0.1 million and $ 0.9 million for the three months ended March 31, 2024 and 2023, respectively, in other (expense) income, net in the consolidated statements of operations. In addition, the Company has entered into interest rate swaps for portions of its 2014 Credit Facilities and other variable interest bearing debt and has designated them as cash flow hedges. For the three months ended March 31, 2024 and 2023, the Company recorded gains (losses) of $ 6.1 million and $( 1.0 ) million in accumulated other comprehensive income (loss) and reclassified gains of $ 16.8 million and $ 11.8 million into net (loss) income, respectively.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	3 Months Ended
FAIR VALUE MEASUREMENTS	Mar. 31, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	9. FAIR VALUE MEASUREMENTS The fair value hierarchy is composed of the following three categories: Level 1 —Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 —Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 —Inputs to the valuation methodology are unobservable and significant to the fair value measurements. The following tables present, for each of the fair value hierarchy levels, the Company’s assets and liabilities that are measured at fair value on a recurring basis (in thousands): Fair Value Measurements as of March 31, 2024 Level I Level II Level III Total Assets: Investments in equity securities with readily determinable fair values $ 418 $ — $ — $ 418 Forward foreign exchange contracts — 2,303 — 2,303 Interest rate swaps — 19,786 — 19,786 Total $ 418 $ 22,089 $ — $ 22,507 Liabilities: Contingent consideration $ — $ — $ 6,609 $ 6,609 Forward foreign exchange contracts — 4,685 — 4,685 Total $ — $ 4,685 $ 6,609 $ 11,294 Fair Value Measurements as of December 31, 2023 Level I Level II Level III Total Assets: Investments in equity securities with readily determinable fair values $ 325 $ — $ — $ 325 Forward foreign exchange contracts $ — $ 1,406 $ — $ 1,406 Interest rate swaps — 32,683 — 32,683 Total $ 325 $ 34,089 $ — $ 34,414 Liabilities: Contingent consideration $ — $ — $ 8,103 $ 8,103 Forward foreign exchange contracts — 3,372 — 3,372 Total $ — $ 3,372 $ 8,103 $ 11,475 There have been no transfers of assets or liabilities between the fair value measurement classifications during the three months ended March 31, 2024. Investments in Equity Securities with Readily Determinable Fair Values The estimated fair value of the Company’s equity securities with readily determinable fair values is based on observable inputs in an active market, which is a Level 1 measurement within the fair value hierarchy. Contingent Consideration The Company has recorded contingent consideration liabilities in connection with its acquisitions. Contingent consideration is included in current liabilities and other long-term liabilities in the consolidated balance sheets. Changes in fair value are recognized in selling, general and administrative expenses. The estimated fair value of the contingent consideration is based on significant inputs not observable in the market, which represents a Level 3 measurement within the fair value hierarchy. Forward Foreign Exchange Contracts The Company classifies its forward foreign currency exchange contracts within Level 2 as the valuation inputs are based on quoted prices and market observable data of similar instruments (Note 8). As of March 31, 2024 and December 31, 2023 , the Company had $ 1.1 million and $ 1.3 million in other current assets, $ 1.2 million and $ 0.1 million in other assets, $ 3.3 million and $ 2.2 million in other current liabilities, and $ 1.4 million and $ 1.2 million in other long-term liabilities, respectively, recorded in the consolidated balance sheets related to the Company’s forward foreign exchange contracts. Interest Rate Swaps The Company classifies its interest rate swaps within Level 2 as the valuation inputs are based on quoted prices and market observable data of similar instruments (Note 8 ). The fair value of the swaps was $ 19.8 million and $ 32.7 million as of March 31, 2024 and December 31, 2023 , respectively, and was included in other assets in the consolidated balance sheets.

DEBT

DEBT	3 Months Ended
DEBT	Mar. 31, 2024
Debt Disclosure [Abstract]
DEBT	10. DEBT The following is a summary of outstanding debt (in thousands): March 31, December 31, 2024 2023 2014 Credit Facilities: First Lien Term Loan (due May 2025 ) $ 2,236,251 $ 2,243,784 Zuffa Credit Facilities: Zuffa First Lien Term Loan (due April 2026 ) 2,721,016 2,728,766 Other debt ( 3.25 %- 14.50 % Notes due at various dates through 2033 ) 81,653 88,614 Total principal 5,038,920 5,061,164 Unamortized discount ( 9,793 ) ( 11,192 ) Unamortized issuance costs ( 18,974 ) ( 21,661 ) Total debt 5,010,153 5,028,311 Less: current portion ( 54,753 ) ( 58,894 ) Total long-term debt $ 4,955,400 $ 4,969,417 2014 Credit Facilities As of March 31, 2024 and December 31, 2023, the Company had $ 2.2 billion and $ 2.2 billion, respectively, ou tstanding under a credit agreement that was entered into in connection with the 2014 IMG acquisition (the "2014 Credit Facilities"). The 2014 Credit Facilities consist of a first lien secured term loan (the “First Lien Term Loan”) and a $ 200.0 million secured revolving credit facility (the "Revolving Credit Facility"). The financial debt covenant of the 2014 Credit Facilities did not apply as of March 31, 2024 and December 31, 2023 as the Company had no borrowings outstanding under the Revolving Credit Facility. The Company had outstanding letters of credit under the 2014 Credit Facilities totalin g $ 28.9 million and $ 28.9 million as of March 31, 2024 and December 31, 2023, respectively. Zuffa Credit Facilities As of March 31, 2024 and December 31, 2023, the Company has $ 2.7 billion and $ 2.7 billion, respectively, outstanding under a credit agreement that was entered into in connection with the 2016 Zuffa acquisition (the "Zuffa Credit Facilities"). The Zuffa Credit Facilities consist of a first lien secured term loan (the "Zuffa First Lien Term Loan") and a secured revolving credit facility in an aggregate principal amount of $ 205.0 million and letters of credit in an aggregate face amount not in excess of $ 40.0 million (collectively, the "Zuffa Revolving Credit Facility"). The Zuffa Credit Facilities are secured by liens on substantially all of the assets of Zuffa, including WWE. The financial debt covenant of the Zuffa Credit Facilities did not apply as of March 31, 2024 and December 31, 2023 as TKO had no borrowings outstanding under the Zuffa Revolving Credit Facility. TKO had no outstanding letters of credit under the Zuffa Credit Facilities as of March 31, 2024 and December 31, 2023. Other Debt On Location Revolver The financial debt covenant of the On Location ("OL") revolving credit facility did not apply as of March 31, 2024 and December 31, 2023 as OL had no borrowings outstanding under the OL revolving credit agreement. OL had no letters of credit outstanding under the revolving credit agreement as of March 31, 2024 and December 31, 2023. Zuffa Secured Commercial Loans As of March 31, 2024 and December 31, 2023, Zuffa was in compliance with its financial debt covenant under the Zuffa Secured Commercial Loans. 2014 Credit Facilities and Zuffa Credit Facilities The 2014 Credit Facilities and the Zuffa Credit Facilities restrict the ability of certain subsidiaries of the Company to make distributions and other payments to the Company. These restrictions do include exceptions for, among other things, (1) amounts necessary to make tax payments, (2) a limited annual amount for employee equity repurchases, (3) distributions required to fund certain parent entities, (4) other specific allowable situations and (5) a general restricted payment basket. As of March 31, 2024, EGH primarily held long-term deferred tax benefits of $ 488.7 million and a tax receivable agreement ("TRA") liability of $ 839.2 million, of which $ 120.6 million was classified as current and $ 718.6 million was classified as long-term. As of December 31, 2023, EGH primarily held cash of $ 40.5 million, long-term deferred tax benefits of $ 486.2 million, income taxes payable of $ 22.0 million, and a TRA liability of $ 990.5 million, of which $ 156.2 million was classified as current and $ 834.3 million was classified as long-term. Otherwise, EGH has no material separate cash flows or assets or liabilities other than the investments in its subsidiaries. All its business operations are conducted through its operating subsidiaries; it has no material independent operations. EGH has no other material commitments or guarantees. As a result of the restrictions described above, substantially all of the subsidiaries’ net assets are effectively restricted in their ability to be transferred to EGH as of March 31, 2024 and December 31, 2023. As of March 31, 2024 and December 31, 2023 , the Company’s First Lien Term Loan under the 2014 Credit Facilities and Zuffa’s First Lien Term Loan under its Credit Facilities had an estimated fair value of $ 5.0 billion and $ 5.0 billion, respectively. The estimated fair values of the Company’s First Lien Term Loan under the 2014 Credit Facilities and Zuffa’s First Lien Term Loan under its Credit Facilities are based on quoted market values for the debt. Since the First Lien Term Loan under the 2014 Credit Facilities and Zuffa’s First Lien Term Loan under its Credit Facilities do not trade on a daily basis in an active market, fair value estimates are based on market observable inputs based on quoted market prices and borrowing rates currently available for debt with similar terms and average maturities, which are classified as Level 2 under the fair value hierarchy.

REDEEMABLE NON CONTROLLING INTE

REDEEMABLE NON CONTROLLING INTERESTS	3 Months Ended
REDEEMABLE NON CONTROLLING INTERESTS	Mar. 31, 2024
Temporary Equity Disclosure [Abstract]
REDEEMABLE NON-CONTROLLING INTERESTS	11. REDEEMABLE NON-CONTROLLING INTERESTS Barrett-Jackson In connection with the acquisition of Barrett-Jackson Holdings, LLC ("Barrett-Jackson") in August 2022, the terms of the agreement provide the sellers a put option to sell their remaining ownership to IMG Auction Company, LLC, a subsidiary of the Company. The first election is between April and July 2029 for 29.9 % of the total issued and outstanding units of Barrett-Jackson at that time and the second election is between April and July 2031 for any remaining ownership at that time. The purchase price of the put right is equal to Barrett-Jackson's EBITDA, as defined, multiplied by 13 . This redeemable non-controlling interest was recognized at the acquisition date at fair value of $ 210.1 million. As of March 31, 2024 and December 31, 2023 , the estimated redemption value was below the carrying value of $ 216.9 million and $ 203.9 million, respectively. Zuffa In July 2018, the Company received a contribution of $ 9.7 million from third parties (the "Russia Co-Investors") in a newly formed subsidiary of the Company (the "Russia Subsidiary") that was formed to expand the Company’s existing business in Russia and certain other countries in the Commonwealth of Independent States. The terms of this contribution provide the Russia Co-Investors with a put option to sell their ownership in the Russia Subsidiary five years and nine months after the consummation of the contribution. The purchase price of the put option is the greater of the total investment amount, defined as the Russia Co-Investors’ cash contributions less cash distributions, or fair value. As of March 31, 2024 and December 31, 2023 , the estimated redemption value was $ 11.2 million. Frieze In connection with the acquisition of Frieze in 2016, the terms of the agreement provided the sellers with a put option to sell their remaining 30 % interest after fiscal year 2020. The Company also had a call option to buy the remaining 30 % interest after fiscal year 2020 or upon termination of employment of the sellers who continued to be employees of Frieze after the acquisition. The price of the put and call option was equal to Frieze’s prior year’s EBITDA multiplied by 7.5 . In May 2023, the Company exercised its call option to purchase the remaining 30 % interest for $ 16.5 million .

EARNINGS PER SHARE

EARNINGS PER SHARE	3 Months Ended
EARNINGS PER SHARE	Mar. 31, 2024
Earnings Per Share [Abstract]
EARNINGS PER SHARE	12. EARNINGS PER SHARE Basic earnings per share is calculated utilizing net income available to common stockholders of the Company divided by the weighted average number of shares of Class A Common Stock outstanding during the same period. Diluted EPS is calculated by dividing the net income available for common stockholders by the diluted weighted average shares outstanding for that period. T he computation of basic and diluted earnings per share and weighted average shares of the Company’s common stock outstanding for the periods are presented below (in thousands, except share and per share data): Three Months Ended March 31, 2024 2023 Basic (loss) earnings per share Numerator Consolidated net (loss) income $ ( 303,471 ) $ 36,255 Net (loss) income attributable to NCI (Endeavor Operating Company) ( 154,784 ) 26,559 Net (loss) income attributable to NCI (Endeavor Manager) ( 11,347 ) 1,665 Net (loss) income attributable to EGH common shareholders $ ( 137,340 ) $ 8,031 Denominator Weighted average Class A Common Shares outstanding - Basic 300,460,640 291,936,777 Basic (loss) earnings per share $ ( 0.46 ) $ 0.03 Three Months Ended March 31, 2024 2023 Diluted (loss) earnings per share Numerator Consolidated net (loss) income $ ( 303,471 ) $ 36,255 Net (loss) income attributable to NCI (Endeavor Operating Company) ( 154,784 ) 26,644 Net (loss) income attributable to NCI (Endeavor Manager) ( 11,347 ) 1,665 Net (loss) income attributable to EGH common shareholders $ ( 137,340 ) $ 7,946 Denominator Weighted average Class A Common Shares outstanding - Basic 300,460,640 291,936,777 Additional shares assuming exchange of all EOC Profits Units — 714,931 Additional shares from RSUs, Stock Options and Phantom Units, as calculated using the treasury stock method — 2,633,533 Weighted average number of shares used in computing diluted (loss) earnings per share 300,460,640 295,285,241 Diluted (loss) earnings per share $ ( 0.46 ) $ 0.03 Three Months Ended March 31, 2024 2023 Securities that are anti-dilutive for the period Stock Options 4,073,339 4,150,684 Unvested RSUs 10,188,671 3,264,592 Manager LLC Units 22,001,156 22,977,488 EOC Common Units 128,698,678 135,819,453 EOC Profits Interest & Phantom Units 15,520,303 12,488,885 Redeemable Non-Controlling Interests 5,361,322 7,608,312

INCOME TAXES

INCOME TAXES	3 Months Ended
INCOME TAXES	Mar. 31, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	13. INCOME TAXES EGH was incorporated as a Delaware corporation in January 2019. It was formed as a holding company for the purpose of completing an IPO and other related transactions. As the sole managing member of Endeavor Manager, which is the sole managing member of EOC, EGH operates and controls all the business and affairs of EOC, and through EOC and its subsidiaries, conducts the Company’s business. EGH is subject to corporate income tax on its share of taxable income or loss of EOC derived through Endeavor Manager. EOC is treated as a partnership for U.S. federal income tax purposes and is therefore not subject to U.S. corporate income tax. However, certain of EOC’s subsidiaries are subject to U.S. or foreign corporate income tax. In addition, TKO, which is a consolidated subsidiary of EGH, is subject to corporate income tax. In accordance with Accounting Standards Codification Topic 740, each interim period is considered integral to the annual period and tax expense is generally determined using an estimate of the annual effective income tax rate ("AETR"). The Company records income tax expense each quarter using the estimated AETR to provide for income taxes on a current year-to-date basis, adjusted for discrete items, if any, that are noted in the relevant period. In accordance with the authoritative guidance for accounting for income taxes in interim periods, the Company computed its income tax provision for the three months ended March 31, 2024 and 2023 based upon the AETR. The three months ended March 31, 2024 also includes a discrete item for the Zuffa legal settlement (Note 16). The (benefit from) provision for income taxes for the three months ended March 31, 2024 and 2023 is $ ( 111.8 ) million and $ 35.5 million, respectively, based on pretax (loss) income of $ ( 413.0 ) million and $ 78.3 million, respectively. The effective tax rate is 27.1 % and 45.3 % for the three months ended March 31, 2024 and 2023 , respectively. The tax benefit for the three months ended March 31, 2024 differs from the tax expense in the same period in 2023 primarily due to the Zuffa legal settlement of $ 335.0 million that resulted in a $ 69.1 million discrete benefit recognized in the three months ended March 31, 2024. Any tax balances reflected on the March 31, 2024 balance sheet will be adjusted accordingly to reflect the actual financial results for the year ending December 31, 2024. The Company’s effective tax rate differs from the U.S. federal statutory rate primarily due to state and local income taxes, withholding taxes in foreign jurisdictions that are not based on net income, and income subject to tax in foreign jurisdictions which differ from the U.S. federal statutory income tax rate. As of March 31, 2024 and December 31, 2023 , the Company had unrecognized tax benefits of $ 57.8 million and $ 56.7 million, respectively, for which we are unable to make a reasonable and reliable estimate of the period in which these liabilities will be settled with the respective tax authorities. The Company records valuation allowances against its net deferred tax assets when it is more likely than not that all, or a portion, of a deferred tax asset will not be realized. The Company evaluates the realizability of its deferred tax assets by assessing the likelihood that its deferred tax assets will be recovered based on all available positive and negative evidence, including historical results, reversals of deferred tax liabilities, estimates of future taxable income, tax planning strategies and results of operations. Other Matters On August 16, 2022, the United States enacted the Inflation Reduction Act of 2022 ("IRA"). The IRA, in addition to other provisions, creates a 15 % corporate alternative minimum tax ("CAMT") on adjusted financial statement income for applicable corporations. The CAMT is effective for tax years beginning after December 31, 2022. For the three months ended March 31, 2024 and the year ended December 31, 2023, the Company is not subject to CAMT and will continue to assess the potential tax effects of the CAMT on the Company's consolidated financial statements. In December 2022, the Organization for Economic Co-operation and Development ("OECD") proposed Global Anti-Base Erosion Rules, which provides for changes to numerous long-standing tax principles including the adoption of a global minimum tax rate of 15 % for multinational enterprises ("GloBE rules"). Various jurisdictions have adopted or are in the process of enacting legislation to adopt GloBE rules and other countries are expected to adopt GloBE rules in the future. While changes in tax laws in the various countries in which the Company operates can negatively impact the Company's results of operations and financial position in future periods, the Company's impact related to the adoption of GloBE rules, effective January 1, 2024, was not material to the Company's consolidated financial position. The Company will continue to monitor legislative and regulatory developments in this area. Tax Receivable Agreement In connection with the IPO and related transactions, the Company entered into a TRA with certain persons that held direct or indirect interests in EOC and Zuffa prior to the IPO ("TRA Holders"). The TRA generally provides for the payment by EGH of 85 % of the amount of any tax benefits that EGH actually realizes (determined by using certain assumptions), or in some cases is deemed to realize, as a result of the following attributes: (i) increases in EGH’s share of the tax basis in the net assets of EOC resulting from any redemptions or exchanges of LLC Units, (ii) increases in tax basis attributable to payments made under the TRA, (iii) deductions attributable to imputed interest pursuant to the TRA and (iv) other tax attributes (including existing tax basis) allocated to EGH post-IPO and related transactions that were allocable to the TRA Holders prior to the IPO and related transactions. As of March 31, 2024, the Company has a TRA liability of approximately $ 839.2 million, after concluding that such TRA payments would be probable based on estimates of future taxable income over the term of the TRA.

REVENUE

REVENUE	3 Months Ended
REVENUE	Mar. 31, 2024
Revenue from Contract with Customer [Abstract]
REVENUE	14. REVENUE The following table presents the Company’s revenu e disaggregated by primary revenue sources for the three months ended March 31, 2024 and 2023 (in thousands): Three Months Ended March 31, 2024 Owned Sports Properties Events, Experiences Representation Sports Data Total Media rights and data $ 403,012 $ 109,471 $ — $ 51,711 $ 564,194 Technology platforms and services — 10,256 — 38,999 49,255 Media production, distribution and content 1,856 62,754 52,744 — 117,354 Events and performance 234,302 562,416 — — 796,718 Talent representation and licensing 46,255 — 212,963 — 259,218 Marketing — — 79,640 — 79,640 Eliminations — — — — ( 16,095 ) Total $ 685,425 $ 744,897 $ 345,347 $ 90,710 $ 1,850,284 Three Months Ended March 31, 2023 Owned Sports Properties Events, Experiences & Rights Representation Sports Data Total Media rights and data $ 189,042 $ 124,000 $ — $ 69,063 $ 382,105 Technology platforms and services — 15,268 — 31,796 47,064 Media production, distribution and content 1,966 62,312 69,135 — 133,413 Events and performance 149,059 599,206 — — 748,265 Talent representation and licensing 13,222 — 202,862 — 216,084 Marketing — — 78,243 — 78,243 Eliminations — — — — ( 8,337 ) Total $ 353,289 $ 800,786 $ 350,240 $ 100,859 $ 1,596,837 In the three months ended March 31, 2024 and 2023, there was revenue recognized of $ 15.8 million and $ 14.0 million, respectively, from performance obligations satisfied in prior periods. Remaining Performance Obligations The following table presents the aggregate amount of transaction price allocated to remaining performance obligations for contracts greater than one year with unsatisfied or partially satisfied performance obligations as of March 31, 2024 (in thousands). The transaction price related to these future obligations does not include any variable consideration or fees associated with contracts with opt-out provisions . Years Ending Remainder of 2024 $ 2,018,564 2025 2,633,929 2026 1,492,476 2027 1,346,382 2028 1,243,428 Thereafter 1,348,358 $ 10,083,137 Contract Liabilities The Company records deferred revenue when cash payments are received or due in advance of its performance. The Company’s deferred revenue balance primarily relates to advance payments received related to advertising and sponsorship agreements and event advanced ticket sales. Deferred revenue is included in the current liabilities section and in other long-term liabilities in the consolidated balance sheets. The following table presents the Company’s contract liabilities as of March 31, 2024 and December 31, 2023 (in thousands): Description December 31, 2023 Additions Deductions Foreign Exchange March 31, 2024 Deferred revenue - current $ 807,568 $ 912,056 $ ( 916,820 ) $ ( 4,612 ) $ 798,192 Deferred revenue - noncurrent $ 23,946 $ 21,852 $ ( 892 ) $ ( 23 ) $ 44,883

SEGMENT INFORMATION

SEGMENT INFORMATION	3 Months Ended
SEGMENT INFORMATION	Mar. 31, 2024
Segment Reporting [Abstract]
SEGMENT INFORMATION	15. SEGMENT INFORMATION As of March 31, 2024 , the Company has four reportable segments: Owned Sports Properties, Events, Experiences & Rights, Representation, and Sports Data & Technology. The Company also reports the results for the "Corporate" group. The profitability measure employed by the Company’s chief operating decision maker for allocating resources and assessing operating performance is Adjusted EBITDA. Segment information is presented consistently with the basis for the year ended December 31, 2023. Summarized financial information for the Company’s reportable segments is shown in the following tables (in thousands): Revenue Three Months Ended March 31, 2024 2023 Owned Sports Properties $ 685,425 $ 353,289 Events, Experiences & Rights 744,897 800,786 Representation 345,347 350,240 Sports Data & Technology 90,710 100,859 Eliminations ( 16,095 ) ( 8,337 ) Total consolidated revenue $ 1,850,284 $ 1,596,837 Reconciliation of segment profitability Three Months Ended March 31, 2024 2023 Owned Sports Properties $ 298,972 $ 185,671 Events, Experiences & Rights 95,911 107,991 Representation 65,197 84,206 Sports Data & Technology ( 9,458 ) 4,472 Corporate ( 76,536 ) ( 75,948 ) Adjusted EBITDA 374,086 306,392 Reconciling items: Equity earnings of affiliates ( 1,471 ) ( 1,977 ) Interest expense, net ( 96,559 ) ( 85,097 ) Depreciation and amortization ( 156,349 ) ( 66,751 ) Equity-based compensation expense ( 61,683 ) ( 78,691 ) Merger, acquisition and earn-out costs ( 25,556 ) ( 14,534 ) Certain legal costs ( 11,302 ) ( 2,422 ) Legal settlement ( 335,000 ) — Restructuring, severance and impairment ( 92,652 ) ( 8,200 ) Fair value adjustment - equity investments 120 713 Tax receivable agreement liability adjustment ( 2,444 ) 2,344 Other ( 4,232 ) 26,494 (Loss) income before income taxes and equity losses of affiliates $ ( 413,042 ) $ 78,271

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
COMMITMENTS AND CONTINGENCIES	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	16. COMMITMENTS AND CONTINGENCIES Claims and Litigation The Company is involved in legal proceedings, claims and governmental investigations arising in the normal course of business. The types of allegations that arise in connection with such legal proceedings vary in nature, but can include contract, employment, tax and intellectual property matters. The Company evaluates all cases and records liabilities for losses from legal proceedings when the Company determines that it is probable that the outcome will be unfavorable and the amount, or potential range, of loss can be reasonably estimated. While any outcome related to litigation or such governmental proceedings cannot be predicted with certainty, management believes that the outcome of these matters, except as otherwise may be discussed below, individually or in the aggregate, will not have a material adverse effect on the Company’s financial position, results of operations or cash flows. In July 2017, the Italian Competition Authority ("ICA") issued a decision opening an investigation into alleged breaches of competition law in Italy, involving inter alia IMG, and relating to bidding for certain media rights of the Serie A and Serie B football leagues. In April 2018, the European Commission conducted on-site inspections at a number of companies that are involved with sports media rights, including the Company. The inspections were part of an ongoing investigation into the sector and into potential violations of certain antitrust laws that may have taken place within it. The Company investigated these ICA matters, as well as other regulatory compliance matters. In May 2019, the ICA completed its investigation and fined the Company approximately EUR 0.3 million. As part of its decision, the ICA acknowledged the Company’s cooperation and ongoing compliance efforts since the investigation commenced. In July 2019, three football clubs (the "Original Plaintiffs") and in June 2020, the Serie A football league (Lega Nazionale Professionisti Serie A or "Lega Nazionale," and together with the three clubs, the "Plaintiffs") each filed separate claims against IMG and certain other unrelated parties in the Court of Milan, Italy, alleging that IMG engaged in anti-competitive practices with regard to bidding for certain media rights of the Serie A and Serie B football league. The Plaintiffs seek damages from all defendants deriving from the lower value of the media rights in amounts totaling EUR 554.6 million in the aggregate relating to the three football clubs and EUR 1,750 million relating to Lega Nazionale, along with attorneys’ fees and costs. Since December 2020, four additional football clubs have each filed requests to intervene in the Lega Nazionale proceedings and individually seek to claim damages deriving from the lower value of the media rights in the aggregate totaling EUR 251.5 million. The Original Plaintiffs and these four additional clubs are also seeking additional damages relating to alleged lost profits and additional charges, quantified in the fourth quarter of 2022 in amounts totaling EUR 1,675 million. Ten other clubs also filed requests to intervene in support of Lega Nazionale’s claim or alternatively to individually claim damages deriving from the lower value of the media rights in the amount of EUR 284.9 million, in the case of five clubs, and unspecified amounts (to be quantified as a percentage of the total amount sought by Lega Nazionale) in the other five cases. Collectively, the interventions of these 14 clubs are the "Interventions." By judgment issued on May 8, 2024, the Court of Milan ruled that the clubs have a concurrent right to bring a claim, and Lega Nazionale is entitled to retain an award of only 10 % of the aggregate loss suffered (if any) by the clubs deriving from the lower value of the media rights. The Company may appeal this ruling. In December 2022, one further football club filed a separate claim against IMG and certain other unrelated parties seeking damages from all defendants deriving from the lower value of the media rights in the amounts of EUR 326.9 million, in addition to alleged additional damages relating to lost profits and additional charges which have not yet been quantified. The Company has defended in its submissions to date, and intends to continue to defend, against all of the damages claims, Interventions and any related claims, and management believes that the Company has meritorious defenses to these claims, including the absence of actual damage. The Company may also be subject to regulatory and other claims and actions with respect to these ICA and other regulatory matters. Any judgment entered against the Company or settlement entered into, including with respect to claims or actions brought by other parties, could materially and adversely impact the Company’s business, financial condition and results of operations. On April 12, 2024, purported stockholder Handelsbanken Fonder AB (“Handelsbanken”) filed a verified class action complaint on behalf of itself and similarly situated Endeavor stockholders in the Court of Chancery of the State of Delaware, captioned Handelsbanken Fonder AB v. Endeavor Group Holdings, Inc., C.A. No. 2024-0391 ("Handelsbanken Action"), and filed a Motion for Expedited Proceedings. The Handelsbanken Action names as defendants the Company and certain of its affiliates, members of the Company’s board of directors, Mark Shapiro, Silver Lake and certain of its affiliates, Wildcat EGH Holdco, L.P., Wildcat Opco Holdco, L.P., The Ariel Z. Emanuel Living Trust, dated November 13, 2017, and The Patrick Whitesell Revocable Trust, dated May 31, 2019, and alleges breach of charter, tortious interference, breach of fiduciary duty, and aiding and abetting claims arising from the Company’s proposed transaction with Silver Lake. The Court held a hearing on Handelsbanken's motion on May 6, 2024, during which the Court determined that a ruling on the motion, if any, should come after the deadline for certain officers and directors to make stock rollover elections, which deadline is ninety days after the date of each of the rollover agreements, dated April 2, 2024. In April 2024, the Company also received multiple requests from purported stockholders seeking certain books and records in connection with the Company’s proposed transaction with Silver Lake under Section 220 of the Delaware General Corporation Law. Five related class-action lawsuits were filed against Zuffa between December 2014 and March 2015 by a total of eleven former UFC fighters. The lawsuits, which were substantially identical, were transferred to the United States District Court for the District of Nevada and consolidated into a single action in June 2015, captioned Le et al. v. Zuffa, LLC, No. 2:15-cv-1045-RFB-BNW (D. Nev.) (the "Le" case). The lawsuit alleged that Zuffa violated Section 2 of the Sherman Act by monopsonizing an alleged market for the services of elite professional MMA athletes. The fighter plaintiffs claimed that Zuffa’s alleged conduct injured them by artificially depressing the compensation they received for their services, and they sought treble damages under the antitrust laws, as well as attorneys’ fees and costs, and, in some instances, injunctive relief. On August 9, 2023, the district court certified the lawsuit as a damages class action, encompassing the period from December 16, 2010 to June 30, 2017. The fighter plaintiffs in the Le case abandoned their claim for injunctive relief, so the only relief the fighter plaintiffs would have sought at trial was damages. On June 24, 2021, another lawsuit, Johnson et al. v. Zuffa, LLC et al., No 2:21-cv-1189-RFB-BNW (D. Nev.) (the "Johnson" case), was filed by a putative class of former UFC fighters and covering the period from July 1, 2017 to the present and alleged substantially similar claims to the Le case and sought injunctive relief. On March 13, 2024, TKO OpCo, and certain of its affiliates, including Endeavor, reached an agreement to settle all claims asserted in both class action lawsuits (Le and Johnson) for an aggregate amount of $ 335.0 million payable by TKO and its subsidiaries in installments over an agreed-upon period of time with $ 200.0 million expected to be due within the next twelve months from March 31, 2024 and $ 135.0 million expected to be due in April 2025. During the three months ended March 31, 2024, the Company recorded a charge of $ 335.0 million in selling, general and administrative expenses in the consolidated statement of operations. T he terms have been memorialized in a long form agreement and will be submitted to the court for approval. The Company anticipates that the settlement amount will be deductible for tax purposes. As announced in June 2022, a Special Committee of independent members of WWE’s board of directors (the "Special Committee") was formed to investigate alleged misconduct by WWE’s then-Chief Executive Officer, Vincent K. McMahon (the "Special Committee Investigation"). Mr. McMahon initially resigned from all positions held with WWE on July 22, 2022 but remained a stockholder with a controlling interest and served as Executive Chairman of WWE’s board of directors from January 9, 2023 through September 12, 2023, at which time Mr. McMahon became Executive Chair of the Board of Directors of TKO. Although the Special Committee investigation is complete, and, in January 2024, Mr. McMahon resigned from his position as Executive Chair and member of TKO's Board of Directors, as well as other positions, employment and otherwise, at TKO and its subsidiaries, WWE has received, and may receive in the future, regulatory, investigative and enforcement inquiries, subpoenas, demands and/or other claims and complaints arising from, related to, or in connection with these matters. On July 17, 2023, federal law enforcement agents executed a search warrant and served a federal grand jury subpoena on Mr. McMahon. No charges have been brought in these investigations. WWE has received voluntary and compulsory legal demands for documents, including from federal law enforcement and regulatory agencies, concerning the investigation and related subject matters. On January 25, 2024, a former WWE employee filed a lawsuit against WWE, Mr. McMahon and another former WWE executive in the United States District Court for the District of Connecticut alleging, among other things, that she was sexually assaulted by Mr. McMahon and asserting claims under the Trafficking Victims Protection Act. On November 17, 2023, a purported former stockholder of WWE, Laborers' District Council and Contractors' Pension Fund of Ohio ("Laborers"), filed a verified class action complaint on behalf of itself and similarly situated former WWE stockholders in the Court of Chancery of the State of Delaware ("Delaware Court"), captioned Laborers District Council and Contractors’ Pension Fund of Ohio v. McMahon, C.A. No. 2023-1166-JTL (“Laborers Action”). On November 20, 2023, another purported former WWE stockholder, Dennis Palkon, filed a verified class action complaint on behalf of himself and similarly situated former WWE stockholders in the Delaware Court, captioned Palkon v. McMahon, C.A. No. 2023-1175-JTL (“Palkon Action”). The Laborers and Palkon Actions allege breach of fiduciary duty claims against former WWE directors Vincent K. McMahon, Nick Khan, Paul Levesque, George A. Barrios, Steve Koonin, Michelle D. Wilson, and Frank A. Riddick III (collectively, the "Individual Defendants"), arising out of the TKO Transactions. On April 24, 2024, the City of Pontiac Reestablished General Employees' Retirement System (“Pontiac”), a purported former stockholder of WWE, filed another verified class action complaint on behalf of itself and similarly situated former WWE stockholders in the Delaware Court captioned City of Pontiac Reestablished General Employees’ Retirement System v. McMahon, C.A. No. 2024-0432 (“Pontiac Action”). The Pontiac Action similarly alleges breach of fiduciary duty claims against the Individual Defendants, and adds claims against WWE and TKO for denying stockholders their appraisal rights under the General Corporation Law of the State of Delaware ("DGCL") § 262, as well as claims against the Company for aiding and abetting the alleged breaches of fiduciary duties and for civil conspiracy to violate DGCL § 262. On May 2, 2024, the Court entered an order consolidating the Laborers, Palkon, and Pontiac actions under the caption In re World Wrestling Entertainment, Inc. Merger Litigation, C.A. No. 2023-1166-JTL (“Consolidated Action”). The Consolidated Action is in the early stages, and the parties agreed that the Company, TKO and WWE will not be required to respond to the complaints until a lead plaintiff is appointed and the lead plaintiff designates an operative pleading. On January 4, 2024, Pontiac filed an action in the Delaware Court seeking certain books and records related to the TKO Transactions under Section 220 of the DGCL (the "Pontiac 220 Action"). On February 12, 2024, the court entered an order vacating the case schedule and staying the Pontiac 220 Action. On April 2, 2024, Pontiac voluntarily dismissed its complaint.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
RELATED PARTY TRANSACTIONS	Mar. 31, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	17. RELATED PARTY TRANSACTIONS The Company has the following related party transactions as of March 31, 2024 and December 31, 2023 and for the three months ended March 31, 2024 and 2023 (in thousands): March 31, December 31, 2024 2023 Other current assets $ 11,423 $ 11,837 Investments 3,891 3,322 Other assets 30,000 33,454 Deferred revenue 903 1,446 Other current liabilities 2,274 3,347 Three Months Ended March 31, 2024 2023 Revenue $ 14,593 $ 14,744 Direct operating costs 7,573 4,494 Selling, general and administrative expenses 3,496 954 Other (expense) income, net — ( 625 ) As of March 31, 2024, the Company has an equity-method investment in Euroleague, a related party. For the three months ended March 31, 2024 and 2023 , the Company recognized revenue of $ 3.5 million and $ 3.8 million, respectively, for a management fee to compensate it for representation and technical services it provides to Euroleague in relation to the distribution of media rights. This revenue is included in the Owned Sports Properties segment. Also, for the three months ended March 31, 2024 and 2023 , the Company recognized revenue of $ 4.4 million and $ 4.0 million, respectively, for production services provided to Euroleague, which is included in the Events, Experiences & Rights segment. The Company incurred d irect operating costs of $ 3.3 million and $ 3.6 million for services provided by the Euroleague during the three months ended March 31, 2024 and 2023, respectively, which are primarily included in the Sports Data & Technology segment. As of March 31, 2024 and December 31, 2023, the Company had a receivable due from Euroleague of $ 7.2 million and $ 7.7 million, respectively, and a payable due to Euroleague of $ 0.6 million and $ 0.3 million, respectively. As of March 31, 2024 the Company has an equity method investment in Fifth Season, a related party. For the three months ended March 31, 2024 and 2023 , the Company recognized revenue of $ 1.3 million and $ 0.2 million, respectively, for production services, which are primarily included in the Representation segment. As of March 31, 2024 and December 31, 2023 , the Company had a receivable due from Fifth Season of $ 0.6 million and $ 1.0 million, respectively, and a payable due to Fifth Season of $ 0.7 million and $ 1.2 million, respectively. In September 2023, the Company provided a loan of $ 30.0 million to Fifth Season, which has been recorded in other assets in the consolidated balance sheet. The loan matures in 2026. Silver Lake and certain of our executives indirectly own a minority interest in The Raine Group ("Raine"). During the three months ended March 31, 2024 and 2023 , the Company recorded expenses of none and $ 1.5 million, respectively, in transaction costs with Raine for investment banking services in connection with the sale of certain businesses. In addition, as of March 31, 2024 and December 31, 2023 , the Company invested $ 0.6 million and $ 1.2 million, respectively, in a non-marketable funds maintained by Raine. In connection with the IPO and related transactions, the Company entered into a TRA with certain persons that held direct or indirect interests in EOC and Zuffa prior to the IPO. The TRA generally provides for the payment by EGH of 85 % of the amount of any tax benefits that EGH actually realizes, or in some cases is deemed to realize (Note 13). As of March 31, 2024 and December 31, 2023, the Company had $ 839.2 million a nd $ 990.5 million recorded, respectively, of whic h $ 289.5 million and $ 362.8 million, respectively, is due to related parties. Vincent K. McMahon, who served as the Executive Chairman of TKO's Board of Directors until January 26, 2024, previously controlled a significant portion of the voting power of the issued and outstanding shares of TKO’s common stock. Mr. McMahon has agreed to make future payments to certain counterparties personally. In accordance with the SEC’s Staff Accounting Bulletin Topic 5T, Miscellaneous Accounting, Accounting for Expenses or Liabilities Paid by Principal Stockholders (“Topic 5T”), the Company concluded that these amounts should be recognized by the Company as expenses in the period in which they become probable and estimable. In connection with the acquisition of WWE, as of December 31, 2023 the Company assumed $ 1.5 million of liabilities related to future payments owed by Mr. McMahon to certain counterparties, of which $ 1.5 million was paid dir ectly by Mr. McMahon during the three months ended March 31, 2024. Since these liabilities existed when Mr. McMahon controlled a significant portion of TKO’s common stock, these payments are considered non-cash capital contributions and are included as a component of nonredeemable non-controlling interests contributions in our consolidated statement of redeemable interests and shareholders’ equity. In connection with and/or arising from the investigation conducted by a Special Committee of the former WWE board of directors, Mr. McMahon has agreed to reimburse TKO for additional costs incurred in connection with and/or arising from the same matters.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
SUBSEQUENT EVENTS	Mar. 31, 2024
Subsequent Events [Abstract]
Subsequent Events	18. SUBSEQUENT EVENTS In April 2024, following the Company's review to evaluate strategic alternatives, the Company entered into the Merger Agreement, pursuant to which affiliates of Silver Lake agreed to acquire 100 % of the outstanding shares of the Company's stock that it does not already own (other than certain equity interests held by certain current directors and executive officers of the Company and any other Rollover Holders (the “Rollover Interests”)). Pursuant to the Merger Agreement and subject to the satisfaction or waiver of certain closing conditions and on the terms set forth therein, equityholders of EGH, Endeavor Operating Company and Endeavor Manager are to receive $ 27.50 in cash per share or unit, as applicable. The Merger Agreement also requires the Company to, in each calendar quarter prior to the closing, declare and pay a dividend in respect of each issued and outstanding share of the Company’s Class A common stock at a price equal to $ 0.06 per share. Completion of the Merger-Related Transactions is subject to certain customary closing conditions, including required regulatory approvals. The Merger Agreement also includes certain covenants of the Company Entities, including with respect to sales of certain specified assets of the Company (other than with respect to TKO and the agency representation business of WME), the declaration and payment of quarterly dividends, and non-solicitation of alternative acquisition proposals, as well as other customary representations, warranties and covenants by Company Entities, the Parent Entities and the Merger Subs. Completion of the Merger-Related Transactions is not subject to a financing condition, and are to be financed through a combination of new and reinvested equity from affiliates of Silver Lake and additional capital by other third-party investors; the Rollover Interests; and new debt financing. The Merger-Related Transactions are expected to close by the end of the first quarter of 2025. Upon completion, the Company's common stock will no longer be listed on any public market. In April 2024, the Company purchased 1,642,970 shares of TKO Class A common stock held by Mr. McMahon at a per share price of $ 89.01 for an aggregate amount of $ 146.2 million. In April 2024, TKO purchased 1,853,724 shares of TKO Class A common stock held by Mr. McMahon at a per share price of $ 89.01 for an aggregate amount of $ 165.0 million and retired such shares. TKO funded its repurchase with approximately $ 150.0 million of borrowings under the Zuffa Revolving Credit Facility and with cash on hand. Following these share repurchases, the Company owns approximately 53.6 % and TKO owns approximately 46.4 % of TKO OpCo. In May 2024, the Company entered into amendments to each of the Revolving Credit Facility and the Zuffa Revolving Credit Facility, which extended the maturities to April 2, 2025 and October 29, 2025, respectively. Additionally, the Company increased the borrowing capacity under the Revolving Credit Facility by an additional $ 50.0 million.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Mar. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying interim consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") and pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC") for reporting interim financial information and should be read in conjunction with the Company’s consolidated financial statements and accompanying footnotes in our Annual Report on Form 10-K for the year ended December 31, 2023. Certain information and note disclosures normally included in the annual financial statements have been condensed or omitted from these interim financial statements. The interim consolidated financial statements as of March 31, 2024 and for the three months ended March 31, 2024 and 2023 are unaudited; however, in the opinion of management, such interim consolidated financial statements reflect all adjustments, consisting solely of normal and recurring adjustments, necessary for a fair statement of its financial position, results of operations and cash flows for the interim periods presente d. Certain prior year amounts were reclassified to conform to the current year presentation.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the consolidated financial statements and the accompanying disclosures. Significant accounting policies that contain subjective management estimates and assumptions include those related to revenue recognition, allowance for doubtful accounts, content cost amortization and impairment, the fair value of acquired assets and liabilities associated with acquisitions, the fair value of the Company’s reporting units and the assessment of goodwill, other intangible assets and long-lived assets for impairment, consolidation, investments, redeemable non-controlling interests, the fair value of equity-based compensation, tax receivable agreement liability, income taxes and contingencies. Management evaluates these estimates using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and as such, these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s consolidated financial statements in future periods.

SUPPLEMENTARY DATA (Tables)

SUPPLEMENTARY DATA (Tables)	3 Months Ended
SUPPLEMENTARY DATA (Tables)	Mar. 31, 2024
Supplementary Data [Abstract]
Summary of Accrued Liabilities	The following is a summary of accrued liabilities (in thousands): March 31, December 31, 2024 2023 Accrued operating expenses $ 371,021 $ 333,231 Legal settlement (Note 16) 200,000 — Payroll, bonuses and benefits 159,558 269,340 Other 105,417 108,154 Total accrued liabilities $ 835,996 $ 710,725
Summary of Allowance for Doubtful Accounts	The changes in the allowance for doubtful accounts are as follows (in thousands): Balance at Additions/Charged Balance at Beginning to Costs and Foreign End of of Year Expenses, Net Deductions Exchange Period Three Months Ended March 31, 2024 $ 66,650 $ 4,109 $ ( 2,387 ) $ ( 923 ) $ 67,449
Summary of Supplemental Cash Flow	The Company’s supplemental cash flow information is as follows (in thousands): Three Months Ended March 31, 2024 2023 Supplemental information: Cash paid for interest $ 94,800 $ 82,834 Cash payments for income taxes 5,099 14,708 Non-cash investing and financing activities: Capital expenditures included in accounts payable and accrued liabilities $ 52,962 $ 22,922 Non-cash contributions from non-controlling interests 1,493 — Contingent consideration provided in connection with acquisitions — 844 Right-of-use assets obtained in exchange for operating lease obligations 133,311 — Accretion of redeemable non-controlling interests — 1,387 Items arising from exchanges of EOC units and Endeavor Manager units, and changes in ownership: Establishment of liabilities under tax receivable agreement 5,510 38,544 Deferred tax asset 199 32,647

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	3 Months Ended
GOODWILL AND INTANGIBLE ASSETS (Tables)	Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Changes in the Carrying Value of Goodwill	The changes in the carrying value of goodwill are as follows (in thousands): Owned Sports Properties Events, Experiences & Rights Representation Sports Data & Technology Total Balance — December 31, 2023 $ 7,737,884 $ 1,261,893 $ 517,366 $ 634,696 $ 10,151,839 Impairment — — — ( 64,196 ) ( 64,196 ) Foreign currency translation and other ( 337 ) ( 50 ) ( 126 ) ( 6,078 ) ( 6,591 ) Balance — March 31, 2024 $ 7,737,547 $ 1,261,843 $ 517,240 $ 564,422 $ 10,081,052 During the three months ended March 31, 2024, the Company performed an interim impairment review of certain reporting units due to triggering events. As a result of the interim impairment test, the Company recorded total non-cash impairment charges of $ 64.2 million for goodwill driven by lower streaming and data rights projections, all of which were recorded to the Company’s Sports Data & Technology segment.
Summary of Company's Identifiable Intangible Assets	The following table summarizes information relating to the Company’s identifiable intangible assets as of March 31, 2024 (in thousands): Weighted Average Gross Accumulated Carrying Amortized: Trade names 22.5 $ 3,213,338 $ ( 463,530 ) $ 2,749,808 Customer and client relationships 8.5 2,382,511 ( 1,229,069 ) 1,153,442 Internally developed technology 6.2 324,462 ( 118,361 ) 206,101 Other 4.0 149,430 ( 61,143 ) 88,287 $ 6,069,741 $ ( 1,872,103 ) $ 4,197,638 Indefinite-lived: Trade names 409,140 — 409,140 Owned events 478,607 — 478,607 Other 14,458 — 14,458 Total intangible assets $ 6,971,946 $ ( 1,872,103 ) $ 5,099,843 The following table summarizes information relating to the Company’s identifiable intangible assets as of December 31, 2023 (in thousands): Weighted Average Gross Accumulated Carrying Amortized: Trade names 22.5 $ 3,214,377 $ ( 427,385 ) $ 2,786,992 Customer and client relationships 8 .6 2,385,202 ( 1,176,709 ) 1,208,493 Internally developed technology 6.3 321,240 ( 107,371 ) 213,869 Other 4.0 149,510 ( 54,129 ) 95,381 $ 6,070,329 $ ( 1,765,594 ) $ 4,304,735 Indefinite-lived: Trade names 410,113 — 410,113 Owned events 482,917 — 482,917 Other 14,600 — 14,600 Total intangible assets $ 6,977,959 $ ( 1,765,594 ) $ 5,212,365

INVESTMENTS (Tables)

INVESTMENTS (Tables)	3 Months Ended
INVESTMENTS (Tables)	Mar. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Summary of Company's Investments	The following is a summary of the Company’s investments (in thousands): March 31, December 31, 2024 2023 Equity method investments $ 211,253 $ 199,987 Equity investments without readily determinable fair values 192,539 197,659 Equity investments with readily determinable fair values 418 325 Total investments $ 404,210 $ 397,971

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
FINANCIAL INSTRUMENTS (Tables)	Mar. 31, 2024
Financial Instrument Disclosure [Abstract]
Schedule of Outstanding Forward Foreign Exchange Contracts Balances	As of March 31, 2024, the Company had the following outstanding forward foreign exchange contrac ts (all outstanding contracts have maturities of less than 12 months from March 31, 2024) (in thousands except for exchange rates): Foreign Currency Foreign US Dollar Weighted Average British Pound Sterling £ 57,424 in exchange for $ 72,659 £ 0.79 Euro € 7,616 in exchange for $ 8,340 € 0.91 Singapore Dollar S$ 6,400 in exchange for $ 4,814 S$ 1.33 Canadian Dollar C$ 3,150 in exchange for $ 2,340 C$ 1.35 United Arab Emirates Dirham د.إ 8,200 in exchange for $ 2,234 د.إ 3.67

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
FAIR VALUE MEASUREMENTS (Tables)	Mar. 31, 2024
Fair Value Disclosures [Abstract]
Summary of Fair Value Of Assets and Liabilities Measured on Recurring Basis	The following tables present, for each of the fair value hierarchy levels, the Company’s assets and liabilities that are measured at fair value on a recurring basis (in thousands): Fair Value Measurements as of March 31, 2024 Level I Level II Level III Total Assets: Investments in equity securities with readily determinable fair values $ 418 $ — $ — $ 418 Forward foreign exchange contracts — 2,303 — 2,303 Interest rate swaps — 19,786 — 19,786 Total $ 418 $ 22,089 $ — $ 22,507 Liabilities: Contingent consideration $ — $ — $ 6,609 $ 6,609 Forward foreign exchange contracts — 4,685 — 4,685 Total $ — $ 4,685 $ 6,609 $ 11,294 Fair Value Measurements as of December 31, 2023 Level I Level II Level III Total Assets: Investments in equity securities with readily determinable fair values $ 325 $ — $ — $ 325 Forward foreign exchange contracts $ — $ 1,406 $ — $ 1,406 Interest rate swaps — 32,683 — 32,683 Total $ 325 $ 34,089 $ — $ 34,414 Liabilities: Contingent consideration $ — $ — $ 8,103 $ 8,103 Forward foreign exchange contracts — 3,372 — 3,372 Total $ — $ 3,372 $ 8,103 $ 11,475

DEBT (Tables)

DEBT (Tables)	3 Months Ended
DEBT (Tables)	Mar. 31, 2024
Debt Disclosure [Abstract]
Summary of Outstanding Debt	The following is a summary of outstanding debt (in thousands): March 31, December 31, 2024 2023 2014 Credit Facilities: First Lien Term Loan (due May 2025 ) $ 2,236,251 $ 2,243,784 Zuffa Credit Facilities: Zuffa First Lien Term Loan (due April 2026 ) 2,721,016 2,728,766 Other debt ( 3.25 %- 14.50 % Notes due at various dates through 2033 ) 81,653 88,614 Total principal 5,038,920 5,061,164 Unamortized discount ( 9,793 ) ( 11,192 ) Unamortized issuance costs ( 18,974 ) ( 21,661 ) Total debt 5,010,153 5,028,311 Less: current portion ( 54,753 ) ( 58,894 ) Total long-term debt $ 4,955,400 $ 4,969,417

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	3 Months Ended
EARNINGS PER SHARE (Tables)	Mar. 31, 2024
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Earnings Per Share and Weighted Average Shares Outstanding	T he computation of basic and diluted earnings per share and weighted average shares of the Company’s common stock outstanding for the periods are presented below (in thousands, except share and per share data): Three Months Ended March 31, 2024 2023 Basic (loss) earnings per share Numerator Consolidated net (loss) income $ ( 303,471 ) $ 36,255 Net (loss) income attributable to NCI (Endeavor Operating Company) ( 154,784 ) 26,559 Net (loss) income attributable to NCI (Endeavor Manager) ( 11,347 ) 1,665 Net (loss) income attributable to EGH common shareholders $ ( 137,340 ) $ 8,031 Denominator Weighted average Class A Common Shares outstanding - Basic 300,460,640 291,936,777 Basic (loss) earnings per share $ ( 0.46 ) $ 0.03 Three Months Ended March 31, 2024 2023 Diluted (loss) earnings per share Numerator Consolidated net (loss) income $ ( 303,471 ) $ 36,255 Net (loss) income attributable to NCI (Endeavor Operating Company) ( 154,784 ) 26,644 Net (loss) income attributable to NCI (Endeavor Manager) ( 11,347 ) 1,665 Net (loss) income attributable to EGH common shareholders $ ( 137,340 ) $ 7,946 Denominator Weighted average Class A Common Shares outstanding - Basic 300,460,640 291,936,777 Additional shares assuming exchange of all EOC Profits Units — 714,931 Additional shares from RSUs, Stock Options and Phantom Units, as calculated using the treasury stock method — 2,633,533 Weighted average number of shares used in computing diluted (loss) earnings per share 300,460,640 295,285,241 Diluted (loss) earnings per share $ ( 0.46 ) $ 0.03 Three Months Ended March 31, 2024 2023 Securities that are anti-dilutive for the period Stock Options 4,073,339 4,150,684 Unvested RSUs 10,188,671 3,264,592 Manager LLC Units 22,001,156 22,977,488 EOC Common Units 128,698,678 135,819,453 EOC Profits Interest & Phantom Units 15,520,303 12,488,885 Redeemable Non-Controlling Interests 5,361,322 7,608,312

REVENUE (Tables)

REVENUE (Tables)	3 Months Ended
REVENUE (Tables)	Mar. 31, 2024
Revenue from Contract with Customer [Abstract]
Summary of Company's Revenue Disaggregated by Primary Revenue	The following table presents the Company’s revenu e disaggregated by primary revenue sources for the three months ended March 31, 2024 and 2023 (in thousands): Three Months Ended March 31, 2024 Owned Sports Properties Events, Experiences Representation Sports Data Total Media rights and data $ 403,012 $ 109,471 $ — $ 51,711 $ 564,194 Technology platforms and services — 10,256 — 38,999 49,255 Media production, distribution and content 1,856 62,754 52,744 — 117,354 Events and performance 234,302 562,416 — — 796,718 Talent representation and licensing 46,255 — 212,963 — 259,218 Marketing — — 79,640 — 79,640 Eliminations — — — — ( 16,095 ) Total $ 685,425 $ 744,897 $ 345,347 $ 90,710 $ 1,850,284 Three Months Ended March 31, 2023 Owned Sports Properties Events, Experiences & Rights Representation Sports Data Total Media rights and data $ 189,042 $ 124,000 $ — $ 69,063 $ 382,105 Technology platforms and services — 15,268 — 31,796 47,064 Media production, distribution and content 1,966 62,312 69,135 — 133,413 Events and performance 149,059 599,206 — — 748,265 Talent representation and licensing 13,222 — 202,862 — 216,084 Marketing — — 78,243 — 78,243 Eliminations — — — — ( 8,337 ) Total $ 353,289 $ 800,786 $ 350,240 $ 100,859 $ 1,596,837
Summary of Transaction Price Related to These Future Obligation	Years Ending Remainder of 2024 $ 2,018,564 2025 2,633,929 2026 1,492,476 2027 1,346,382 2028 1,243,428 Thereafter 1,348,358 $ 10,083,137
Summary of Company's Contract Liabilities	The following table presents the Company’s contract liabilities as of March 31, 2024 and December 31, 2023 (in thousands): Description December 31, 2023 Additions Deductions Foreign Exchange March 31, 2024 Deferred revenue - current $ 807,568 $ 912,056 $ ( 916,820 ) $ ( 4,612 ) $ 798,192 Deferred revenue - noncurrent $ 23,946 $ 21,852 $ ( 892 ) $ ( 23 ) $ 44,883

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	3 Months Ended
SEGMENT INFORMATION (Tables)	Mar. 31, 2024
Segment Reporting [Abstract]
Schedule of Revenue	Revenue Three Months Ended March 31, 2024 2023 Owned Sports Properties $ 685,425 $ 353,289 Events, Experiences & Rights 744,897 800,786 Representation 345,347 350,240 Sports Data & Technology 90,710 100,859 Eliminations ( 16,095 ) ( 8,337 ) Total consolidated revenue $ 1,850,284 $ 1,596,837
Schedule of Reconciliation of Segment Profitability	Reconciliation of segment profitability Three Months Ended March 31, 2024 2023 Owned Sports Properties $ 298,972 $ 185,671 Events, Experiences & Rights 95,911 107,991 Representation 65,197 84,206 Sports Data & Technology ( 9,458 ) 4,472 Corporate ( 76,536 ) ( 75,948 ) Adjusted EBITDA 374,086 306,392 Reconciling items: Equity earnings of affiliates ( 1,471 ) ( 1,977 ) Interest expense, net ( 96,559 ) ( 85,097 ) Depreciation and amortization ( 156,349 ) ( 66,751 ) Equity-based compensation expense ( 61,683 ) ( 78,691 ) Merger, acquisition and earn-out costs ( 25,556 ) ( 14,534 ) Certain legal costs ( 11,302 ) ( 2,422 ) Legal settlement ( 335,000 ) — Restructuring, severance and impairment ( 92,652 ) ( 8,200 ) Fair value adjustment - equity investments 120 713 Tax receivable agreement liability adjustment ( 2,444 ) 2,344 Other ( 4,232 ) 26,494 (Loss) income before income taxes and equity losses of affiliates $ ( 413,042 ) $ 78,271

RELATED PARTY TRANSACTIONS (Ta

RELATED PARTY TRANSACTIONS (Tables)	3 Months Ended
RELATED PARTY TRANSACTIONS (Tables)	Mar. 31, 2024
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The Company has the following related party transactions as of March 31, 2024 and December 31, 2023 and for the three months ended March 31, 2024 and 2023 (in thousands): March 31, December 31, 2024 2023 Other current assets $ 11,423 $ 11,837 Investments 3,891 3,322 Other assets 30,000 33,454 Deferred revenue 903 1,446 Other current liabilities 2,274 3,347 Three Months Ended March 31, 2024 2023 Revenue $ 14,593 $ 14,744 Direct operating costs 7,573 4,494 Selling, general and administrative expenses 3,496 954 Other (expense) income, net — ( 625 )

ACQUISITIONS AND DIVESTITURES -

ACQUISITIONS AND DIVESTITURES - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Business Acquisition [Line Items]
Acquisition intangible	$ 10,081,052		$ 10,151,839
Proceeds from business divestiture, net of cash sold	$ 0	$ 9,275
2023 Acquisition
Business Acquisition [Line Items]
Purchase price including contingent consideration		800
Acquisition intangible		13,600
Finite-lived contract based intangible asset		7,500
Cash consideration		$ 16,800
Minimum [Member] \| 2023 Acquisition
Business Acquisition [Line Items]
Acquired finite-lived intangible assets, weighted average useful life		4 years
Maximum [Member] \| 2023 Acquisition
Business Acquisition [Line Items]
Acquired finite-lived intangible assets, weighted average useful life		8 years

ACQUISITIONS AND DIVESTITURES_2

ACQUISITIONS AND DIVESTITURES - Schedule of Fair Values of the Assets Acquired and the Liabilities Assumed in the Business Combination (Detail) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Intangible assets:
Goodwill	$ 10,081,052	$ 10,151,839

SUPPLEMENTARY DATA - Summary of

SUPPLEMENTARY DATA - Summary of Accrued Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Accrued Liabilities, Current [Abstract]
Accrued operating expenses	$ 371,021	$ 333,231
Legal settlement (Note 16)	200,000	0
Payroll, bonuses and benefits	159,558	269,340
Other	105,417	108,154
Total accrued liabilities	$ 835,996	$ 710,725

SUPPLEMENTARY DATA - Summary _2

SUPPLEMENTARY DATA - Summary of Allowance for Doubtful Accounts (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($)
Allowance For Doubtful Accounts [Abstract]
Balance at Beginning of Year	$ 66,650
Additions/Charged to Costs and Expenses, Net	4,109
Deductions	(2,387)
Foreign Exchange	(923)
Balance at End of Period	$ 67,449

SUPPLEMENTARY DATA - Summary _3

SUPPLEMENTARY DATA - Summary of Supplemental Cash Flow (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Supplemental information:
Cash paid for interest	$ 94,800	$ 82,834
Cash payments for income taxes	5,099	14,708
Non-cash investing and financing activities:
Capital expenditures included in accounts payable and accrued liabilities	52,962	22,922
Non-cash Contributions from Non-controlling Interests	1,493	0
Contingent consideration provided in connection with acquisitions	0	844
Right-of-use assets obtained in exchange for operating lease obligations	133,311	0
Establishment of liabilities under tax receivable agreement	5,510	38,544
Deferred tax asset	199	32,647
Redeemable Stock [Member] \| Noncontrolling Interest [Member]
Non-cash investing and financing activities:
Accretion of redeemable non-controlling interests	$ 0	$ 1,387

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill impairment loss	$ 64.2
Intangible asset amortization expense	$ 108.9	$ 41.2

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS - Summary of Changes in the Carrying Value of Goodwill (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($)
Goodwill [Line Items]
Balance - December 31, 2023	$ 10,151,839
Foreign currency translation and other	(6,591)
Balance - March 31, 2024	10,081,052
Owned Sports Properties [Member]
Goodwill [Line Items]
Balance - December 31, 2023	7,737,884
Impairment	0
Foreign currency translation and other	(337)
Balance - March 31, 2024	7,737,547
Events, Experiences & Rights [Member]
Goodwill [Line Items]
Balance - December 31, 2023	1,261,893
Impairment	0
Foreign currency translation and other	(50)
Balance - March 31, 2024	1,261,843
Representation [Member]
Goodwill [Line Items]
Balance - December 31, 2023	517,366
Impairment	0
Foreign currency translation and other	(126)
Balance - March 31, 2024	517,240
Sports Data and Technology [Member]
Goodwill [Line Items]
Balance - December 31, 2023	634,696
Impairment	(64,196)
Foreign currency translation and other	(6,078)
Balance - March 31, 2024	$ 564,422

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS - Summary of Company's Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Total Amortized Gross	$ 6,069,741	$ 6,070,329
Total Intangible Assets Gross	6,971,946	6,977,959
Accumulated Amortization	(1,872,103)	(1,765,594)
Carrying Value	4,197,638	4,304,735
Total Intangible Assets Carrying Value	5,099,843	5,212,365
Indefinite-Lived Trade Names	409,140	410,113
Indefinite-Lived Intangible Assets Accumulated Amortization of Trade Names	0	0
Owned events [Member]
Finite-Lived Intangible Assets [Line Items]
Indefinite-Lived Owned Events	478,607	482,917
Indefinite-Lived Intangible Assets Accumulated Amortization of Owned Events	0	0
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Other Indefinite-Lived Intangible Assets	14,458	14,600
Other Indefinite-Lived Intangible Assets Accumulated Amortization	$ 0	$ 0
Trade names [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life (in years)	22 years 6 months	22 years 6 months
Total Amortized Gross	$ 3,213,338	$ 3,214,377
Accumulated Amortization	(463,530)	(427,385)
Carrying Value	$ 2,749,808	$ 2,786,992
Customer and client relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life (in years)	8 years 6 months	7 months 6 days
Total Amortized Gross	$ 2,382,511	$ 2,385,202
Accumulated Amortization	(1,229,069)	(1,176,709)
Carrying Value	$ 1,153,442	$ 1,208,493
Internally developed technology [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life (in years)	6 years 2 months 12 days	6 years 3 months 18 days
Total Amortized Gross	$ 324,462	$ 321,240
Accumulated Amortization	(118,361)	(107,371)
Carrying Value	$ 206,101	$ 213,869
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life (in years)	4 years	4 years
Total Amortized Gross	$ 149,430	$ 149,510
Accumulated Amortization	(61,143)	(54,129)
Carrying Value	$ 88,287	$ 95,381

INVESTMENTS - Additional Inform

INVESTMENTS - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($) Investment	Mar. 31, 2023 USD ($) Investment	Dec. 31, 2023 USD ($)
Schedule of Held-to-Maturity Securities [Line Items]
Net (loss) income	$ (303,471)	$ 36,255
Equity losses of affiliates, net of tax	(2,263)	(6,546)
Equity method investments	211,253		$ 199,987
Investments Under Cost Methods [Member]
Schedule of Held-to-Maturity Securities [Line Items]
Equity method investments without Readily Determinable Fair Values, Net proceeds from sale	11,000	2,300
Equity method investment without Readily Determinable Fair Values, gain from sale recorded	100	700
Recorded gains on disposal/sales	$ 1,000	$ 1,100
Number of investments sold \| Investment	1	2
Fifth Season [Member]
Schedule of Held-to-Maturity Securities [Line Items]
Company's ownership of its equity method investments	15%
Equity losses of affiliates, net of tax	$ 3,700	$ 8,500
Maximum [Member] \| Endeavor [Member]
Schedule of Held-to-Maturity Securities [Line Items]
Company's ownership of its equity method investments	50%
Minimum [Member] \| Endeavor [Member]
Schedule of Held-to-Maturity Securities [Line Items]
Company's ownership of its equity method investments	5%

INVESTMENTS - Summary of Compan

INVESTMENTS - Summary of Company's Investments (Detail) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Equity method investments	$ 211,253	$ 199,987
Equity investments without readily determinable fair values	192,539	197,659
Equity investments with readily determinable fair values	418	325
Total investments	$ 404,210	$ 397,971

FINANCIAL INSTRUMENTS - Additio

FINANCIAL INSTRUMENTS - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Financial Instrument [Line Items]
Outstanding forward foreign exchange contracts maturities	12 months
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	$ 6.1	$ (1)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	16.8	11.8
Other Nonoperating Income (Expense) [Member] \| Forward Foreign Exchange Contract [Member]
Financial Instrument [Line Items]
Net Gain (Loss) on foreign exchange contracts	0.1	0.9
Other Nonoperating Income (Expense) [Member] \| Not Designated As Cash Flow Hedge [Member] \| Forward Foreign Exchange Contract [Member]
Financial Instrument [Line Items]
Net Gain (Loss) on foreign exchange contracts	$ (0.5)	$ 3.2

FINANCIAL INSTRUMENTS - Schedul

FINANCIAL INSTRUMENTS - Schedule of Outstanding Forward Foreign Exchange Contracts Balances (Detail) € in Thousands, د.إ in Thousands, £ in Thousands, $ in Thousands, $ in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($)	Mar. 31, 2024 GBP (£)	Mar. 31, 2024 EUR (€)	Mar. 31, 2024 SGD ($)	Mar. 31, 2024 CAD ($)	Mar. 31, 2024 AED (د.إ)	Mar. 31, 2023 USD ($)
Schedule Of Outstanding Forward Foreign Exchange Contracts Balances [Line Items]
Foreign Currency Amount	$ (737)						$ 5,248
British Pound Sterling [Member]
Schedule Of Outstanding Forward Foreign Exchange Contracts Balances [Line Items]
Foreign Currency Amount \| £		£ 57,424
US Dollar Amount	$ 72,659
Weighted Average Exchange Rate Per $1 USD	0.0079
Euro Member Countries, Euro
Schedule Of Outstanding Forward Foreign Exchange Contracts Balances [Line Items]
Foreign Currency Amount \| €			€ 7,616
US Dollar Amount	$ 8,340
Weighted Average Exchange Rate Per $1 USD	0.0091
Singapore Dollar [Member]
Schedule Of Outstanding Forward Foreign Exchange Contracts Balances [Line Items]
Foreign Currency Amount				$ 6,400
US Dollar Amount	$ 4,814
Weighted Average Exchange Rate Per $1 USD	0.0133
Canadian Dollar [Member]
Schedule Of Outstanding Forward Foreign Exchange Contracts Balances [Line Items]
Foreign Currency Amount					$ 3,150
US Dollar Amount	$ 2,340
Weighted Average Exchange Rate Per $1 USD	0.0135
United Arab Emirates Dirham [Member]
Schedule Of Outstanding Forward Foreign Exchange Contracts Balances [Line Items]
Foreign Currency Amount \| د.إ						د.إ 8,200
US Dollar Amount	$ 2,234
Weighted Average Exchange Rate Per $1 USD	0.0367

FAIR VALUE MEASUREMENTS - Summa

FAIR VALUE MEASUREMENTS - Summary of Fair Value Of Assets and Liabilities Measured on Recurring Basis (Detail) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets:
Investments in equity securities with readily determinable fair values	$ 418	$ 325
Forward foreign exchange contracts	2,303	1,406
Interest rate swaps	19,786	32,683
Total	22,507	34,414
Liabilities:
Contingent consideration	6,609	8,103
Forward foreign exchange contracts	4,685	3,372
Total	11,294	11,475
Level I [Member]
Assets:
Investments in equity securities with readily determinable fair values	418	325
Forward foreign exchange contracts	0	0
Interest rate swaps	0	0
Total	418	325
Liabilities:
Contingent consideration	0	0
Forward foreign exchange contracts	0	0
Total	0	0
Level II [Member]
Assets:
Investments in equity securities with readily determinable fair values	0	0
Forward foreign exchange contracts	2,303	1,406
Interest rate swaps	19,786	32,683
Total	22,089	34,089
Liabilities:
Contingent consideration	0	0
Forward foreign exchange contracts	4,685	3,372
Total	4,685	3,372
Level III [Member]
Assets:
Investments in equity securities with readily determinable fair values	0	0
Forward foreign exchange contracts	0	0
Interest rate swaps	0	0
Total	0	0
Liabilities:
Contingent consideration	6,609	8,103
Forward foreign exchange contracts	0	0
Total	$ 6,609	$ 8,103

FAIR VALUE MEASUREMENTS - Addit

FAIR VALUE MEASUREMENTS - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfers of assets or liabilities between fair value measurement classifications	$ 0
Forward Foreign Exchange Contract [Member] \| Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward foreign exchange contracts	1,100,000	$ 1,300,000
Forward Foreign Exchange Contract [Member] \| Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward foreign exchange contracts	1,200,000	100,000
Forward Foreign Exchange Contract [Member] \| Other Current Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward foreign exchange contracts	3,300,000	2,200,000
Forward Foreign Exchange Contract [Member] \| Other Long Term Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward foreign exchange contracts	1,400,000	1,200,000
Interest Rate Swap [Member] \| Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of the interest rate swaps	$ 19,800,000	$ 32,700,000

DEBT - Additional Information (

DEBT - Additional Information (Detail) - USD ($)	12 Months Ended
DEBT - Additional Information (Detail) - USD ($)	Dec. 31, 2023	Mar. 31, 2024
Debt Instrument [Line Items]
Other current liabilities	$ 137,330,000	$ 132,595,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Outstanding letters of credit	2,200,000,000	2,200,000,000
Line of credit		200,000,000
2014 Credit Facilities [Member]
Debt Instrument [Line Items]
Outstanding letters of credit	0	0
2014 Credit Facilities [Member] \| Letter of credit
Debt Instrument [Line Items]
Outstanding letters of credit	28,900,000	28,900,000
Zuffa Credit Facilities [Member]
Debt Instrument [Line Items]
Outstanding letters of credit	2,700,000,000	2,700,000,000
Line of credit		205,000,000
Letters of credit maximum face amount		40,000,000
Zuffa Credit Facilities [Member] \| Letter of credit
Debt Instrument [Line Items]
Outstanding letters of credit	0	0
Zuffa Credit Facilities [Member] \| Incremental term loan
Debt Instrument [Line Items]
Outstanding letters of credit	0	0
OLE Revolving Credit Agreement [Member] \| Letter of credit
Debt Instrument [Line Items]
Outstanding letters of credit	0	0
Ole Revolving Credit Covenant [Member]
Debt Instrument [Line Items]
Outstanding letters of credit	0	0
2014 Credit Facilities and Zuffa Credit Facilities [Member]
Debt Instrument [Line Items]
Debt instrument fair value	5,000,000,000	5,000,000,000
2014 Credit Facilities and Zuffa Credit Facilities [Member] \| EDR Endeavor Group Holdings [Member]
Debt Instrument [Line Items]
Cash held for long term deferred income taxes	40,500,000
Long term deferred tax benefit	486,200,000	488,700,000
Income taxe payable	22,000,000
Tax receivable agreements liability	990,500,000	839,200,000
Other long-term liabilities	834,300,000	718,600,000
Other current liabilities	$ 156,200,000	$ 120,600,000

DEBT - Summary of Outstanding D

DEBT - Summary of Outstanding Debt (Detail) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Total principal	$ 5,038,920	$ 5,061,164
Unamortized discount	(9,793)	(11,192)
Unamortized issuance costs	(18,974)	(21,661)
Total debt	5,010,153	5,028,311
Less: current portion	(54,753)	(58,894)
Long-term debt	4,955,400	4,969,417
First Lien Term Loan (due May 2025) [Member]
Debt Instrument [Line Items]
Total principal	2,236,251	2,243,784
Zuffa First Lien Term Loan (due April 2026) [Member]
Debt Instrument [Line Items]
Total principal	2,721,016	2,728,766
Other Debt (2.47%-14.50% Notes due at various dates through 2030) [Member]
Debt Instrument [Line Items]
Total principal	$ 81,653	$ 88,614

DEBT - Summary of Outstanding_2

DEBT - Summary of Outstanding Debt (Parenthetical) (Detail)	3 Months Ended
DEBT - Summary of Outstanding Debt (Parenthetical) (Detail)	Mar. 31, 2024
First Lien Term Loan (due May 2025) [Member]
Debt Instrument [Line Items]
Line of credit maturity date	May 2025
Zuffa First Lien Term Loan (due April 2026) [Member]
Debt Instrument [Line Items]
Line of credit maturity date	April 2026
Other Debt (2.47%-14.50% Notes due at various dates through 2030) [Member]
Debt Instrument [Line Items]
Line of credit maturity date	2033
Other Debt (2.47%-14.50% Notes due at various dates through 2030) [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Line of credit interest rate	14.50%
Other Debt (2.47%-14.50% Notes due at various dates through 2030) [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Line of credit interest rate	3.25%

REDEEMABLE NON-CONTROLLING INTE

REDEEMABLE NON-CONTROLLING INTERESTS - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended
	Jul. 31, 2018	Mar. 31, 2024	Dec. 31, 2023	May 31, 2023	Aug. 31, 2022
Redeemable Noncontrolling Interest [Line Items]
EBIT DA multiplication factor		7.5
Proceeds from noncontrolling interests	$ 9.7
Barrett Jackson Holdings Llc [Member]
Redeemable Noncontrolling Interest [Line Items]
Business acquisition percentage of shares issued					29.90%
EBIT DA multiplication factor					13
Noncontrolling interest, fair value					$ 210.1
Temporary equity, estimated redemption value		$ 216.9	$ 203.9
Zuffa [Member]
Redeemable Noncontrolling Interest [Line Items]
Temporary equity, estimated redemption value		$ 11.2	$ 11.2
Frieze [Member]
Redeemable Noncontrolling Interest [Line Items]
Business acquisition sale of remaining interest		30%		30%
Exercise of Call option				$ 16.5

EARNINGS PER SHARE - Schedule o

EARNINGS PER SHARE - Schedule of Basic and Diluted Earnings Per Share and Weighted Average Shares Outstanding (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Numerator
Consolidated net (loss) income	$ (303,471)	$ 36,255
Net income (loss) attributable to NCI	(166,131)	28,224
Net Income (Loss) Available to Common Stockholders, Basic, Total	(137,340)	8,031
Net (loss) income attributable to EGH common shareholders	$ (137,340)	$ 7,946
Denominator
Weighted average Class A Common Shares outstanding - Basic	300,460,640	291,936,777
Additional shares assuming exchange of all EOC Profits Units	0	714,931
Additional shares from RSUs, Stock Options and Phantom Units, as calculated using the treasury stock method	0	2,633,533
Weighted average number of shares used in computing diluted (loss) earnings per share	300,460,640	295,285,241
Basic (loss) earnings per share	$ (0.46)	$ 0.03
Diluted (loss) earnings per share	$ (0.46)	$ 0.03
Common Class A [Member]
Denominator
Weighted average Class A Common Shares outstanding - Basic	300,460,640	291,936,777
Operating Unit [Member]
Numerator
Net income (loss) attributable to NCI	$ (154,784)	$ 26,559
Net income attributable to NCI (Endeavor Operating Company)	(154,784)	26,644
Manager units [Member]
Numerator
Net income (loss) attributable to NCI	(11,347)	1,665
Net income attributable to NCI (Endeavor Operating Company)	$ (11,347)	$ 1,665

EARNINGS PER SHARE - Schedule_2

EARNINGS PER SHARE - Schedule of Antidilutive Securities (Detail) - shares	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	4,073,339	4,150,684
Unvested Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	10,188,671	3,264,592
Manager LLC Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	22,001,156	22,977,488
EOC Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	128,698,678	135,819,453
EOC Profits Interest [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	15,520,303	12,488,885
Redeemable Non-controlling Interests [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	5,361,322	7,608,312

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Detail) - USD ($) $ in Thousands		1 Months Ended	3 Months Ended
	Aug. 16, 2022	Dec. 31, 2022	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
(Benefit from) provision for income taxes			$ (111,834)	$ 35,470
Income from continuing operations			$ (413,042)	$ 78,271
Effective income tax rate			27.10%	45.30%
Legal settlement			$ 335,000
Discrete tax benefit recognized			69,100
Unrecognized tax benefits			$ 57,800		$ 56,700
Percentage of realized tax benefits payable pursuant to an agreement	15%	15%
Tax Receivable Agreement [Member]
Percentage of realized tax benefits payable pursuant to an agreement			85%
Tax liability reduction pursuant to an agreement			$ 839,200

REVENUE - Summary Of Company's

REVENUE - Summary Of Company's Revenue Disaggregated By Primary Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disaggregation of Revenue [Line Items]
Revenue	$ 1,850,284	$ 1,596,837
Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	685,425	353,289
Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	744,897	800,786
Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	345,347	350,240
Sports Data & Technology [Member]
Disaggregation of Revenue [Line Items]
Revenue	90,710	100,859
Eliminations [Member]
Disaggregation of Revenue [Line Items]
Revenue	(16,095)	(8,337)
Eliminations [Member] \| Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Eliminations [Member] \| Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Eliminations [Member] \| Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Eliminations [Member] \| Sports Data & Technology [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Media Rights and Data [Member] \| Reportable Subsegments [Member]
Disaggregation of Revenue [Line Items]
Revenue	564,194	382,105
Media Rights and Data [Member] \| Reportable Subsegments [Member] \| Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	403,012	189,042
Media Rights and Data [Member] \| Reportable Subsegments [Member] \| Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	109,471	124,000
Media Rights and Data [Member] \| Reportable Subsegments [Member] \| Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Media Rights and Data [Member] \| Reportable Subsegments [Member] \| Sports Data & Technology [Member]
Disaggregation of Revenue [Line Items]
Revenue	51,711	69,063
Technology Platforms and Services [Member] \| Reportable Subsegments [Member]
Disaggregation of Revenue [Line Items]
Revenue	49,255	47,064
Technology Platforms and Services [Member] \| Reportable Subsegments [Member] \| Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Technology Platforms and Services [Member] \| Reportable Subsegments [Member] \| Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	10,256	15,268
Technology Platforms and Services [Member] \| Reportable Subsegments [Member] \| Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Technology Platforms and Services [Member] \| Reportable Subsegments [Member] \| Sports Data & Technology [Member]
Disaggregation of Revenue [Line Items]
Revenue	38,999	31,796
Media Production, Distribution and Content [Member] \| Reportable Subsegments [Member]
Disaggregation of Revenue [Line Items]
Revenue	117,354	133,413
Media Production, Distribution and Content [Member] \| Reportable Subsegments [Member] \| Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,856	1,966
Media Production, Distribution and Content [Member] \| Reportable Subsegments [Member] \| Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	62,754	62,312
Media Production, Distribution and Content [Member] \| Reportable Subsegments [Member] \| Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	52,744	69,135
Media Production, Distribution and Content [Member] \| Reportable Subsegments [Member] \| Sports Data & Technology [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Events and Performance [Member] \| Reportable Subsegments [Member]
Disaggregation of Revenue [Line Items]
Revenue	796,718	748,265
Events and Performance [Member] \| Reportable Subsegments [Member] \| Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	234,302	149,059
Events and Performance [Member] \| Reportable Subsegments [Member] \| Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	562,416	599,206
Events and Performance [Member] \| Reportable Subsegments [Member] \| Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Events and Performance [Member] \| Reportable Subsegments [Member] \| Sports Data & Technology [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Talent Representation and Licensing [Member] \| Reportable Subsegments [Member]
Disaggregation of Revenue [Line Items]
Revenue	259,218	216,084
Talent Representation and Licensing [Member] \| Reportable Subsegments [Member] \| Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	46,255	13,222
Talent Representation and Licensing [Member] \| Reportable Subsegments [Member] \| Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Talent Representation and Licensing [Member] \| Reportable Subsegments [Member] \| Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	212,963	202,862
Talent Representation and Licensing [Member] \| Reportable Subsegments [Member] \| Sports Data & Technology [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Marketing [Member] \| Reportable Subsegments [Member]
Disaggregation of Revenue [Line Items]
Revenue	79,640	78,243
Marketing [Member] \| Reportable Subsegments [Member] \| Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Marketing [Member] \| Reportable Subsegments [Member] \| Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0
Marketing [Member] \| Reportable Subsegments [Member] \| Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	79,640	78,243
Marketing [Member] \| Reportable Subsegments [Member] \| Sports Data & Technology [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 0	$ 0

REVENUE - Summary Of Transactio

REVENUE - Summary Of Transaction Price Related To These Future Obligation (Detail) $ in Thousands	Mar. 31, 2024 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 10,083,137
Remainder of 2024
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	2,018,564
2025
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	2,633,929
2026
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	1,492,476
2027
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	1,346,382
2028
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	1,243,428
Thereafter
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 1,348,358

REVENUE - Summary Of Company'_2

REVENUE - Summary Of Company's Contract Liabilities (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2024 USD ($)
Contract with Customer, Liability [Abstract]
Beginning Balance	$ 807,568
Additions	912,056
Deductions	(916,820)
Foreign Exchange	(4,612)
Ending Balance	798,192
Beginning Balance	23,946
Additions	21,852
Deductions	(892)
Foreign Exchange	(23)
Ending Balance	$ 44,883

REVENUE - Additional Informatio

REVENUE - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disaggregation of Revenue [Line Items]
Revenues	$ 15.8	$ 14

SEGMENT INFORMATION (Additional

SEGMENT INFORMATION (Additional Information) (Detail)	3 Months Ended
SEGMENT INFORMATION (Additional Information) (Detail)	Mar. 31, 2024 Segment
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Number of reportable segments	4

SEGMENT INFORMATION - Schedule

SEGMENT INFORMATION - Schedule of Revenue (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue, Major Customer [Line Items]
Revenues	$ 1,850,284	$ 1,596,837
Owned Sports Properties [Member]
Revenue, Major Customer [Line Items]
Revenues	685,425	353,289
Representation [Member]
Revenue, Major Customer [Line Items]
Revenues	345,347	350,240
Sports Data & Technology [Member]
Revenue, Major Customer [Line Items]
Revenues	90,710	100,859
Operating Segments [Member] \| Owned Sports Properties [Member]
Revenue, Major Customer [Line Items]
Revenues	685,425	353,289
Operating Segments [Member] \| Events Experiences & Rights [Member]
Revenue, Major Customer [Line Items]
Revenues	744,897	800,786
Operating Segments [Member] \| Representation [Member]
Revenue, Major Customer [Line Items]
Revenues	345,347	350,240
Operating Segments [Member] \| Sports Data & Technology [Member]
Revenue, Major Customer [Line Items]
Revenues	90,710	100,859
Eliminations [Member]
Revenue, Major Customer [Line Items]
Revenues	$ (16,095)	$ (8,337)

SEGMENT INFORMATION - Schedule

SEGMENT INFORMATION - Schedule of Reconciliation of Segment Profitability (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Segment Reporting Information [Line Items]
Depreciation and amortization	$ (156,349)	$ (66,751)
Legal settlement	(335,000)
Tax receivable agreement liability adjustment	(2,444)	2,344
(Loss) income before income taxes and equity losses of affiliates	(413,042)	78,271
Operating Segments [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	374,086	306,392
Equity earnings of affiliates	(1,471)	(1,977)
Interest expense, net	(96,559)	(85,097)
Depreciation and amortization	(156,349)	(66,751)
Equity-based compensation expense	(61,683)	(78,691)
Merger, acquisition and earn-out costs	(25,556)	(14,534)
Certain legal costs	(11,302)	(2,422)
Legal settlement	(335,000)	0
Restructuring, severance and impairment	(92,652)	(8,200)
Fair value adjustment - equity investments	120	713
Tax receivable agreement liability adjustment	(2,444)	2,344
Other	(4,232)	26,494
Operating Segments [Member] \| Owned Sports Properties [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	298,972	185,671
Operating Segments [Member] \| Events, Experiences & Rights [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	95,911	107,991
Operating Segments [Member] \| Representation [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	65,197	84,206
Operating Segments [Member] \| Sports Data & Technology [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	(9,458)	4,472
Operating Segments [Member] \| Corporate
Segment Reporting Information [Line Items]
Adjusted EBITDA	$ (76,536)	$ (75,948)

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES - Additional Information (Detail) $ in Thousands, € in Millions		1 Months Ended						3 Months Ended			4 Months Ended
	May 08, 2024	Dec. 31, 2022 USD ($) Count	Dec. 31, 2020 USD ($) Count	Dec. 31, 2020 EUR (€) Count	Jul. 31, 2019 USD ($) Count	Jul. 31, 2019 EUR (€) Count	May 31, 2019 EUR (€)	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($)	Dec. 31, 2022 EUR (€) Count	Mar. 31, 2015 Count
Legal settlement								$ 335,000
Legal Settlements Due Next Year								200,000
Legal Settlements Due after								135,000
Selling, general and administrative expenses								1,096,246	$ 669,213
Subsequent Event [Member]
Loss contingency, damages awarded percentage	10%
Ten Clubs
New claims filed, number \| Count										10
Loss Contingency Damages Paid Value \| €				€ 284.9
One Further Club
New claims filed, number \| Count		1
Loss Contingency Damages Paid Value		$ 326,900
Zuffa [Member]
New claims filed, number \| Count											5
UFC Fighters [Member]
New claims filed, number \| Count											11
Three Football Clubs [Member]
New claims filed, number \| Count					3	3
Four Additional Football Club [Member]
New claims filed, number \| Count			4	4
Original Plaintiffs [Member] \| Four Clubs
Loss Contingency Damages Paid Value \| €										€ 1,675
TKO OPCO [Member]
Selling, general and administrative expenses								$ 335,000
Breach of Competition Law [Member] \| Italian Competition Authority [Member]
Loss contingency, loss in period \| €							€ 0.3
Breach of Competition Law [Member] \| Lega Nazionale [Member]
Loss contingency, damages sought, value					$ 1,750,000
Breach of Competition Law [Member] \| Three Football Clubs [Member]
Loss contingency, damages sought, value \| €						€ 554.6
Breach of Competition Law [Member] \| Four Additional Football Club [Member]
Loss contingency, damages sought, value			$ 251,500

RELATED PARTY TRANSACTIONS - A

RELATED PARTY TRANSACTIONS - Additional Information (Detail) - USD ($) $ in Thousands		1 Months Ended	3 Months Ended
	Aug. 16, 2022	Dec. 31, 2022	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Sep. 30, 2023
Revenue			$ 1,850,284	$ 1,596,837
Percentage of realized tax benefits payable pursuant to an agreement	15%	15%
Euroleague [Member]
Direct operating costs			3,300	3,600
Other receivables			7,200		$ 7,700
Other liabilities			600		300
Raine group
Business acquisition transaction costs			0	1,500
Investment in non marketable fund			600		1,200
Vincent K McMahon
Acquisition related liabilities owed to certain counterparties					1,500
Acquisition related liabilities paid			1,500
Fifth Season [Member]
Revenue			1,300	200
Other receivables			600		1,000
Other liabilities			700		1,200
Company provided loan						$ 30,000
Related party transactions [Member]
Revenue			14,593	14,744
Direct operating costs			7,573	4,494
Production Services [Member] \| Euroleague [Member]
Revenue			4,400	4,000
Management Services [Member] \| Euroleague [Member]
Revenue			$ 3,500	$ 3,800
Tax Receivable Agreement [Member]
Percentage of realized tax benefits payable pursuant to an agreement			85%
Tax liability pursuant to an agreement			$ 839,200		990,500
Tax Receivable Agreement [Member] \| Related party transactions [Member]
Tax liability pursuant to an agreement			$ 289,500		$ 362,800

RELATED PARTY TRANSACTIONS - S

RELATED PARTY TRANSACTIONS - Schedule of Related Party Transactions (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Other current assets	$ 558,023		$ 452,605
Investments	404,210		397,971
Deferred revenue	798,192		807,568
Other current liabilities	132,595		137,330
Revenue	1,850,284	$ 1,596,837
Selling, general and administrative expenses	1,096,246	669,213
Related party transactions [Member]
Related Party Transaction [Line Items]
Other current assets	11,423		11,837
Investments	3,891		3,322
Other assets	30,000		33,454
Deferred revenue	903		1,446
Other current liabilities	2,274		$ 3,347
Revenue	14,593	14,744
Direct operating costs	7,573	4,494
Selling, general and administrative expenses	3,496	954
Other (expense) income, net	$ 0	$ (625)

SUBSEQUENT EVENTS - Additional

SUBSEQUENT EVENTS - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	1 Months Ended
	Apr. 30, 2024	May 31, 2024	Mar. 31, 2024	Dec. 31, 2023
Zuffa Credit Facilities [Member]
Subsequent Event [Line Items]
Letters of Credit Outstanding, Amount			$ 2,700	$ 2,700
Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Letters of Credit Outstanding, Amount			$ 2,200	$ 2,200
Subsequent Event [Member]
Subsequent Event [Line Items]
Percentage of Ownership	100%
Price per share	$ 27.5
Additional borrowing capacity under Revolving Credit Facility		$ 50
Subsequent Event [Member] \| Endeavor Group Holdings [Member]
Subsequent Event [Line Items]
Percentage of ownership	53.60%
Subsequent Event [Member] \| TKO Group Holdings, Inc [Member]
Subsequent Event [Line Items]
Percentage of ownership	46.40%
Subsequent Event [Member] \| Common Class A [Member]
Subsequent Event [Line Items]
Share Price	$ 0.06
Subsequent Event [Member] \| Common Class A [Member] \| Endeavor Group Holdings [Member]
Subsequent Event [Line Items]
Share Price	$ 89.01
Stock Repurchased During Period, Shares	1,642,970
Stock Repurchase Program, Authorized Amount	$ 146.2
Subsequent Event [Member] \| Common Class A [Member] \| TKO Group Holdings, Inc [Member]
Subsequent Event [Line Items]
Share Price	$ 89.01
Stock Repurchased During Period, Shares	1,853,724
Stock Repurchase Program, Authorized Amount	$ 165
Subsequent Event [Member] \| Zuffa Credit Facilities [Member]
Subsequent Event [Line Items]
Letters of Credit Outstanding, Amount	$ 150