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

Business News

In this article

Dana White appears at the UFC 282 post-fight press conference on December 10, 2022, at the T-Mobile Arena in Las Vegas, NV.
Amy Kaplan | Icon Sportswire | Getty Images

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

Endeavor shares closed down nearly 6%.

You Might Like

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

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

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

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

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

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

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

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

Articles You May Like

American Airlines beats fourth-quarter profit expectations as higher fares buoy revenue
Biden to Send Ukraine ANOTHER $2.2 Billion in Military Aid – Including Long-Range Missiles: Reuters
Breaking: Police Chief Retires After He Placed Officer on Leave for Voicing Traditional Marriage Views on Facebook
Charts suggest investors should bet on ‘work horses’ in the Dow Jones Industrial Average, Jim Cramer says
Louisiana man caught on ‘gruesome’ video sexually abusing a neighbor’s pit bull, police say

Leave a Reply

Your email address will not be published. Required fields are marked *