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Patrick Whitesell

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business1 year ago

"Silver Lake Invests $250M in Patrick Whitesell's New Media Venture"

Patrick Whitesell, executive chairman of Endeavor, is set to launch a new media company with $250 million in seed money from Silver Lake, as part of his new employment agreement. The media company will focus on investing in and providing services to entertainment, media, and sports industries, as well as developing and producing content, talent management, and consulting. Whitesell will continue to serve on the Endeavor board and play a central role in the company's new private structure, following Silver Lake's take-private offer.

via Hollywood Reporter|
#business#endeavor#media-company
business1 year ago

"Silver Lake Invests $250 Million in Patrick Whitesell's New Media Venture, Taking Endeavor Private"

Silver Lake plans to invest $250 million in a new business venture led by Patrick Whitesell as part of the privatization of Endeavor, with the equity value of the acquisition pegged at $13 billion. The new venture will focus on entertainment, media, and sports industries, and both Whitesell and Ari Emanuel will receive a private plane as part of the deal. The privatization also includes new contract details for top executives and potential asset sales, with Emanuel set to receive a $25 million bonus and quarterly royalty payments from WME.

via Deadline|
#ari-emanuel#business#endeavor
entertainment2 years ago

Jeff Bezos and Lauren Sanchez Engaged After Scandal with Her Ex's Marital Home.

Lauren Sanchez's ex-husband, Patrick Whitesell, transferred their Washington estate to her in full following the completion of their divorce. The 7,000-square-foot Mercer Island home was the same one from which Sanchez would travel to see Jeff Bezos, with whom she had an affair while both were still married. The property is now worth at least $10 million and features 60 feet of low bank waterfront. Sanchez and Bezos are currently in the South of France for the Cannes Film Festival, where they've been hitting the star-studded party circuit while staying on Bezos's $500 million yacht.

via New York Post |
#divorce#entertainment#jeff-bezos