isphere_art_cult on Nostr: ** Endeavor Reports Higher Q3 Losses, Discloses Potential Sale of Frieze Art Fair. ...

** Endeavor Reports Higher Q3 Losses, Discloses Potential Sale of Frieze Art Fair. The company's Events, Experiences & Rights segment saw revenue jump 145.1% to $899.8 million for the quarter, driven by On Location's work for the Paris 2024 Olympic and Paralympic Games. However, the segment's adjusted EBITDA saw a $68 million loss.

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Source: https://www.artnews.com/art-news/news/friezes-owner-endeavor-reports-higher-q3-losses-after-disclosing-potential-sale-of-art-fair-1234723713/