FOR SALE: Miss Universe for $20Mn





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FOR SALE: Miss Universe for $20Mn

Postby sephie » Fri Sep 02, 2022 5:01 am

    

Link : https://nypost.com/2022/09/01/superagen ... 0m-source/



Famed superagent Ari Emanuel’s Endeavor is having an ugly time trying to find a buyer for his struggling beauty pageant business, and refuses to chop the price, The Post has learned.

Emanuel, the inspiration for fictional Hollywood agent Ari Gold in HBO’s hit show “Entourage,” has been shopping around his Miss Universe business for the last six months for $20 million, with no luck, a source with knowledge said.

The hard-charging CEO of Endeavor, which owns the Ultimate Fighting Championship and the William Morris Talent Agency, snapped up the beauty pageant organization from Donald Trump in 2015 ahead of his presidential bid.

Although the sale price was not disclosed, financial statements related to Trump’s political campaign said the organization was worth between $5 million and $25 million and had $3.4 million in revenue.

A person familiar with Miss Universe’s financial situation told The Post the organization — which includes Miss USA and Miss Teen USA events — books $2 million in losses annually, while generating revenue between $7 million and $9 million.

Emanuel has been trying to woo foreign investors based in Asia and South America, the sources said. A person familiar with Endeavor’s thinking said in order to offload the asset, the price of Miss Universe may be lowered a little, but not much.

The mogul doesn’t like “admitting” he “lost money” on anything, so the price likely won’t be dropped “enough,” the person added.

Endeavor declined to comment.

A person familiar with the situation said a buyer is interested but declined to provide details.

The insider said Miss Universe has been profitable on average since Endeavor bought it — if the pandemic year is stripped out. The organization was forced to cancel events in 2020.

Endeavor, which went public in 2021, has been looking to prune some lackluster businesses as it hunts for more acquisitions and grows lucrative, money-making divisions like MMA league UFC, insiders said.

The Miss Universe pageant, which was founded in 1952, was first televised in 1955 by CBS. It emerged as a competitor to the Miss America pageant, which was founded in 1921. Although the two pageants are often confused, the Miss America pageant is owned by the nonprofit Miss America Organization, which also runs a scholarship program that was launched in 1945.

Miss Universe’s rule book allowed only single women between 18 and 28 who have never been married or had children to apply. In recent years, both events have tried to evolve past their traditional roots as ratings plunged.

Last year’s Miss Universe pageant, won by India’s Harnaaz Sandhu, drew 2.7 million total viewers on Fox — putting the network in last place among the big four broadcasters. The rating marked a 30% dive from the 3.8 million viewers the pageant drew in 2019. Just two years earlier, in 2017, the pageant reeled in 5.2 million total viewers.

This year’s pageant is slated for December and will again be televised by Fox

The drop in viewership also comes as critics question whether beauty pageants are dated and hinder the cause of gender equality. The Miss America pageant cut its swimsuit competition in 2018 amid waning ratings that most recently dropped to 3.6 million in 2020.

Last year’s Miss Universe pageant welcomed its first transgender contestant, and next year’s will allow married women and mothers.

For Endeavor, selling off Miss Universe will help it shore up cash for other business opportunities, a source said, noting that Emanuel has many investment ideas in mind.

Selling off assets has been part of Endeavor’s playbook. Prior to going public, the media conglomerate, which has an investment arm, sold stakes in Epic Games, maker of Fortnite, for about $80 million

The company, which manages events for Fashion Week events around the world, various PGA golf tournaments and professional tennis tournaments such as Wimbledon and the Australian Open, also sold smaller investments in underperforming businesses, ahead of its second attempt to go public in 2021.

Endeavor, which reps the likes of Matt Damon, Oprah Winfrey and Christian Bale through its WME talent agency, tried and failed to go public in 2019 as investors eschewed Endeavor’s hodgepodge of assets and heavy debt load.

Two years later, the firm sweetened the pot, buying its remaining stake in the lucrative UFC, which helped Endeavor go public at $24 a share last April. In the last year, Endeavor’s stock has swung from a high of $34 to a more recent low of around $22.

The stock closed Thursday near that low, at $22.55.




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Re: FOR SALE: Miss Universe for $20Mn

Postby prowazekii » Fri Sep 02, 2022 7:21 am

omg rich fanatics cant save it... will trump be interested?
i think of Miss Universe who is the most beautiful, most femininely graceful, most charming, delightful and sweet...
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Re: FOR SALE: Miss Universe for $20Mn

Postby Jaishee » Fri Sep 02, 2022 7:31 am

Let's be honest. Sponsors have problem with Harnaaz gaining weight, that's why they've been losing sponsorships as they can't see Harnaaz fit to represent their brands. Personally as a medical degree holder, I understand Harnaaz for having an auto immune dse causing her to have weight gain.
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Re: FOR SALE: Miss Universe for $20Mn

Postby Mariana Erwin » Fri Sep 02, 2022 9:40 am

This is giving me mixed feelings since I am not a fan of how IMG is running this. I do believe that highlighting the stories of the women who join this competition is very important, but obviously, they failed to fix what the previous era had failed in. Not to mention that in their rule, the Miss Universe Organization in its original form no longer exists as Miss USA and Miss Teen USA have been spun off in terms of operations (although according to Paula herself, ''they still own them and are very much involved'', per her Instagram post in which she talked about Crystle being the new ND of Miss USA, succeeding her).

I do think that there are better people out there that can own this organization and save it (I remember some fans hoping that Crystle take over Paula completely, but I guess that while it is 'impossible' for now, it might happen if Crystle's interested to own the pageant she had competed in), but obviously it's not the Donald. In fact, I think a television network, not some holding firm, should own Miss Universe, preferably an American television network of high prominence, to maintain neutrality. I would love to see a Filipina becoming the president of the organization (given on how Filipinos have been active in preserving the pageant scene in their country in ways that are beautiful) but obviously fans will just use such an occurrence to attack the Filipino fans of this pageant, along with their representatives.
No more bashers in 2022, please.

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Re: FOR SALE: Miss Universe for $20Mn

Postby Mariana Erwin » Fri Sep 02, 2022 9:44 am

Jaishee wrote:
Let's be honest. Sponsors have problem with Harnaaz gaining weight, that's why they've been losing sponsorships as they can't see Harnaaz fit to represent their brands. Personally as a medical degree holder, I understand Harnaaz for having an auto immune dse causing her to have weight gain.
I do hope the fans are more understanding about this, since some, if not of all the fans are becoming ableist on Harnaaz' health issues. Unfortunately, Cheslie passing away in a sad way that even I could not imagine did not stop these fans from being so hurtful all because they want to push an ideal, despite the fact that Harnaaz is dealing with a condition that is making her hard to do it. Not to mention Genesis Davila disappointing me by saying, ''That's it! She's pregnant!'' all because of a video in which she looks bloated in her robe while hugging Zozibini.
No more bashers in 2022, please.

Also, watch Dani Walker's video to know more on how bashers can kill with their words.

https://www.youtube.com/watch?v=lbYUDqSC1UM
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Re: FOR SALE: Miss Universe for $20Mn

Postby ajsy0203 » Fri Sep 02, 2022 10:26 am

Almost all of us are believing on this sensationalized article from a tabloid?
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Re: FOR SALE: Miss Universe for $20Mn

Postby esperasave » Fri Sep 02, 2022 11:38 am

It's probably the rights or franchise is $20 million to payout ENDEAVOR. But the whole MUO, they are priceless. Considering of their viewership from different editions in the past are hundreds of millions.
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Re: FOR SALE: Miss Universe for $20Mn

Postby Geeyourhair » Fri Sep 02, 2022 1:37 pm

What is Chavit waiting for? This is now the chance for him to own the pageant and hold it annually in the Philippines. He has to grab it fast or else Angkol might get it. :%))
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Re: FOR SALE: Miss Universe for $20Mn

Postby muzical » Fri Sep 02, 2022 3:09 pm

Jaishee wrote:
Let's be honest. Sponsors have problem with Harnaaz gaining weight, that's why they've been losing sponsorships as they can't see Harnaaz fit to represent their brands. Personally as a medical degree holder, I understand Harnaaz for having an auto immune dse causing her to have weight gain.


Loll seriously stop making stories =;)) ..did article mentioned anything about Harnaaz?..Miss universe's viewership was declining year after year and it's not a new thing...We were talking about this for years..to be honest Miss Universe themself are the biggest reason for their downfall..all these years they concentrated and gave privilege to certain region and certain countries only..giving four crowns to Philippines and South Africa in such a short span was their biggest mistake and it made people lost interest in this pageant specially among the Latin communities so please stop accusing Harnaaz and drag her unnecessarily..because Miss universe was dealing with this issue for years and it grew more during Img era because of their stupidity and sidelining of deserving candidates over certain candidates of certain countries..

If Miss Universe was in such trouble they wouldn't have risked to crown an Indian because India is still a Miss World nation..instead they would have crowned that 1st runner up Latina or Philippines..infact crowning of Harnaaz benefitted them because her advocacy was one of the most talked issue,she's got huge followers on instagram and her crowning and other videos is one of the most viewed on YouTube and other platforms..and not to mention she's the most travelled and busiest queen in Img era...even catriona spend her entire reign in her apartment except working for few sponsers from Philippines..

Honestly if Miss universe need to grow they should learn from Miss World and diversify their winners and start crowning candidates from other regions from Europe,South Asia ,East Asia, and Africa..
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Re: FOR SALE: Miss Universe for $20Mn

Postby esperasave » Fri Sep 02, 2022 9:00 pm

muzical wrote:
Jaishee wrote:
Let's be honest. Sponsors have problem with Harnaaz gaining weight, that's why they've been losing sponsorships as they can't see Harnaaz fit to represent their brands. Personally as a medical degree holder, I understand Harnaaz for having an auto immune dse causing her to have weight gain.


Loll seriously stop making stories =;)) ..did article mentioned anything about Harnaaz?..Miss universe's viewership was declining year after year and it's not a new thing...We were talking about this for years..to be honest Miss Universe themself are the biggest reason for their downfall..all these years they concentrated and gave privilege to certain region and certain countries only..giving four crowns to Philippines and South Africa in such a short span was their biggest mistake and it made people lost interest in this pageant specially among the Latin communities so please stop accusing Harnaaz and drag her unnecessarily..because Miss universe was dealing with this issue for years and it grew more during Img era because of their stupidity and sidelining of deserving candidates over certain candidates of certain countries..

If Miss Universe was in such trouble they wouldn't have risked to crown an Indian because India is still a Miss World nation..instead they would have crowned that 1st runner up Latina or Philippines..infact crowning of Harnaaz benefitted them because her advocacy was one of the most talked issue,she's got huge followers on instagram and her crowning and other videos is one of the most viewed on YouTube and other platforms..and not to mention she's the most travelled and busiest queen in Img era...even catriona spend her entire reign in her apartment except working for few sponsers from Philippines..

Honestly if Miss universe need to grow they should learn from Miss World and diversify their winners and start crowning candidates from other regions from Europe,South Asia ,East Asia, and Africa..


Miss World is not even being shown LIVE in any UK TV sets. Besides, you can't discount Philippines. It's the biggest Pageant Followers in the whole world. We have hosted several Miss Universe's edition while other countries cannot. We fill empty seats in any live telecasts.
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Re: FOR SALE: Miss Universe for $20Mn

Postby Kukay » Sat Sep 03, 2022 4:57 am

Bat naman yung paglamon nung Bumbay eh pinasok pa na isyu sa pagkaka lugi ng MUO ?
Eh sa nagugutom pa yung tao ‘no .
Women empowerment ang paglamon .
Masarap naman talagang kumaen ‘no .

In pernes sa Bumbay nayan ...
Tinablan sha ng kahihiyan nung pumunta sha sa Pilipinas .
Nag diet talaga sha in preparation na going to the Philippines.
Nakaka pressure talaga ‘no ... na pupunta ka sa Pilipinas tapos tabachoy ka .

Ako .... ala akong nakikitang connection sa pagka lugi ng Miss Universe atchaka ang paglamon ng Bumbay nayan .
Pramis .
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Re: FOR SALE: Miss Universe for $20Mn

Postby Elyerno Zabagguri » Sat Sep 03, 2022 6:38 am

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Re: FOR SALE: Miss Universe for $20Mn

Postby rrhotj2022 » Sat Sep 03, 2022 12:54 pm

Although it is understood that Harnaaz has a disease, if it would interfere with her duties as miss universe (endorsing a product) would that be enough grounds to let the first runner up take over? Just a question. Also, to those who were blaming the crowning of countries like philippines or south africa, i would like to say it is not about the country but the eay each candidate present themselves and all of them even india deserved their crowns. When miss universe went all out and crowned latinas for like a decade, you did not hear anything from many, even if we know some of them did not really have the balanced complete package of beauty and brains, like i would prefer other girls to win over them. But does that accomplish anything good? None. There is a season for everything. Now that africa and asia are being noticed, you would accuse MUO of such and such? I have heard of stories sbout miss universe when pia and catriona won. During those times a lot of companies have hired miss universe. There is a reason why pia wurtzbach is considered as one of the wealthiest miss universes even before she relinquished the crown. Same with catriona. A miss universe will not be wealthy without making the org that handles her wealthy too. That goes hand in hand. And up to now she still has ongoing contracts that IMG UNIVERSE still holds, which means revenue for MUO. So to say that miss universe had a decline in revenue or anything similar when they favored countries like philippines or south africa is ABSURD!!!! Money is not limited to latin american nations. And miss universe has been crowning diverse beauties since img took over. A south east asian in 2015, a european in 2016, a caucasian african in 2017, a south east asian in 2018, a black african in 2019, a latina in 2020, and a south asian in 2021. Beauty is not limited to latinas. My only concern actually is why are they allowing mothers and married girls to join. It is a MISS for a purpose, not MRS. I just cannot accept that and it is gonna be hard balancing if a mother who has kids wins and has to take care of her children or worse neglects her children while fulfilling her duties as miss universe. Wrong move if you ask me. Stupid.
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Re: FOR SALE: Miss Universe for $20Mn

Postby Handsama » Sat Sep 03, 2022 1:03 pm

muzical wrote:
Jaishee wrote:
Let's be honest. Sponsors have problem with Harnaaz gaining weight, that's why they've been losing sponsorships as they can't see Harnaaz fit to represent their brands. Personally as a medical degree holder, I understand Harnaaz for having an auto immune dse causing her to have weight gain.



Honestly if Miss universe need to grow they should learn from Miss World and diversify their winners and start crowning candidates from other regions from Europe,South Asia ,East Asia, and Africa..


The only reason MW is able to have a diverse set of winners is because Julia has control over its winners and she makes sure to spread them around. If there is real judging going on during the finals, then the same countries that excel in Miss Universe will like perform as well in MW. Plus India won’t have to wait forever to get another crown despite sending their best girls to the pageant every year.
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Re: FOR SALE: Miss Universe for $20Mn

Postby Handsama » Sat Sep 03, 2022 1:06 pm

Seriously…is anybody following Miss Universe closely shocked by this piece of news (granted it came from a tabloid newspaper)? When Miss Universe decided to go ‘woke’, we know there was trouble in paradise. 8-}
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Re: FOR SALE: Miss Universe for $20Mn

Postby manoypoe » Sat Sep 03, 2022 2:11 pm

Geeyourhair wrote:What is Chavit waiting for? This is now the chance for him to own the pageant and hold it annually in the Philippines. He has to grab it fast or else Angkol might get it. :%))


Angkol will not grab it unless he wants to dispose his no. 1 Circus in favor of Miss Universe. If he takes Miss Universe, Miss Universe will go down the drain. =O/ =O/
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Re: FOR SALE: Miss Universe for $20Mn

Postby manoypoe » Sat Sep 03, 2022 2:17 pm

This might be a PR stunt to make Miss Universe talked about after the inclusion of married women coz it seems it did not really create a big buzz? After all, it comes from a unreliable tabloid?
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Re: FOR SALE: Miss Universe for $20Mn

Postby fortela » Sat Sep 03, 2022 5:39 pm

we are already off TV broadcasting because they charge US 280$ per month and want to increase it to 300 plus dollars...with internet is just 60 $/ month and very satisfied with news and movies..live miss universe are also shown in you tube for just a minimal fee.....also ms universe is empowering women but there should be a limit because you are disempowering the family unit by taking out the mother figure in the equation....the first years in the family growing up, women are the primary source of strength..remove that and something gets lost...fame and fortune can blind the empowered mother
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Re: FOR SALE: Miss Universe for $20Mn

Postby blasted20000 » Sun Sep 04, 2022 1:26 am

Americans are not interested in Ms. Universe anymore. In general, beauty pageants have lost their relevance. Even this forum is not as active as it used to be.
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Re: FOR SALE: Miss Universe for $20Mn

Postby LonFlores » Sun Sep 04, 2022 1:40 am

Handsama wrote:
muzical wrote:
Jaishee wrote:
Let's be honest. Sponsors have problem with Harnaaz gaining weight, that's why they've been losing sponsorships as they can't see Harnaaz fit to represent their brands. Personally as a medical degree holder, I understand Harnaaz for having an auto immune dse causing her to have weight gain.



Honestly if Miss universe need to grow they should learn from Miss World and diversify their winners and start crowning candidates from other regions from Europe,South Asia ,East Asia, and Africa..


The only reason MW is able to have a diverse set of winners is because Julia has control over its winners and she makes sure to spread them around. If there is real judging going on during the finals, then the same countries that excel in Miss Universe will like perform as well in MW. Plus India won’t have to wait forever to get another crown despite sending their best girls to the pageant every year.


Mapokitika si auntie talaga.
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Re: FOR SALE: Miss Universe for $20Mn

Postby kristoffer_s » Sun Sep 04, 2022 9:32 am

Imagine you have Endeavor-IMG in your disposal who owns one of the biggest modeling and talent agency, with so much reach in fashion, sporting and the entertainment industry and yet your winner has zero visibility??

Harnaaz should have been all over fashion week and every major sporting events IMG organizes and yet she is nowhere to be found?

It all boils down to mismanagement. Everyone in MUO needs to be fired.
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Re: FOR SALE: Miss Universe for $20Mn

Postby The.Apprentice » Sun Sep 04, 2022 9:36 am

Isn't this rumor going out every year though? 8-}
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Re: FOR SALE: Miss Universe for $20Mn

Postby esperasave » Sun Sep 04, 2022 1:31 pm

Miss Universe Winners could have been Princess Diana of today's society. Princess Diana is very much active to some of the Social Activities but at the same time Patron to some highly charitable institutions serving the community of the World.
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Re: FOR SALE: Miss Universe for $20Mn

Postby Mariana Erwin » Sun Sep 04, 2022 2:27 pm

The.Apprentice wrote:Isn't this rumor going out every year though? 8-}
Unfortunately, and this time, I think this kind of rumor exploded because it comes from a ''reputable'' US tabloid.
No more bashers in 2022, please.

Also, watch Dani Walker's video to know more on how bashers can kill with their words.

https://www.youtube.com/watch?v=lbYUDqSC1UM
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