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Friday, April 26, 2024

Korked Bats

That Funny Sports Blog

UFC’s Parent Company Lost Over $51 Mill Last Year & Since They Shut Our Instagram Down, We Just Hate To See It

Endeavor Group Holdings Inc., the powerful owner of UFC and the WME talent agency that was on the ropes a year ago, appears to be staging a Hollywood comeback.

About a month after going public, Endeavor posted a profit of $2.4 million in the first quarter, compared with a staggering loss of $51.3 million a year earlier.

The Beverly Hills company’s business got a big boost from its sports properties segment, where revenue grew 22% to $283.5 million in the quarter, due to more events and higher media rights and sponsorship fees at mixed martial arts circuit UFC. Endeavor said it also had net proceeds of about $1 billion related to its IPO in April and private placements.

“The past year has been by far one of the most challenging, but also one of the most rewarding for our company,” Chief Executive Ari Emanuel said in an earnings call with investors Wednesday. “We were tested in every possible way, and our teams rose to meet every challenge.”

via LA Times

Sure, they’re on the up and up, I guess? But this article reads like a journalistic favor to help put shareholders at ease. Plus, anytime the parent company of UFC loses $51 million, we’re gonna make this face.

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I’m not one to celebrate anyone’s shortcomings……….. unless that person or company had our Instagram account deactivated. In that case, I will root for your company’s demise. Petty? Of course. It’s been almost a month since our Instagram account was taken down and we have no idea when/if we will get it back. Our Instagram account was a big part of what we do from a content standpoint. And now, with each passing day, we only get angrier and angrier having it unaccessible to us.

And the funny thing is, maybe UFC’s parent company would make a little more money if they allowed blogs to share their content to grow the exposure of what is already an extremely niche sport. It’s funny how MLB reversed their stance and unclenched their butt cheeks when it came to people sharing their highlights and content and, oh, wow. Would ya look at that? They’re posting one of their best ratings year in over a decade. Funny how that works. It’s also funny how the NBA has never had any sort of policy for people sharing their highlights and clips on social media and they just so happen to be the second most popular sport on the planet. Huh, weird. Maybe UFC could learn a thing or two. Until then, screw UFC. Screw their parent company. And screw that fat-faced Mr. Clean, Dana White, too.

Rest assured, if we ever get our account back, we will never share a shred of UFC content ever again. Unless of course the sport ever folds or Dana White publicly shits his pants.

#FREEKORKEDBATS

P.S. — While we got you here, if you or anyone you know work at Instagram, please contact us. We want to resolve this and get our account back. We’re not into sharing content unaccredited and we’re definitely not into sharing content that isn’t meant to be shared.

Austin

Austin hosts a country music morning radio show in Chicago after nearly a decade in sports talk radio (The Jim Rome Show, Steve Gorman SPORTS!) Colin Cowherd and Smash Mouth follow him on Twitter and he wears pants every day.

Austin

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