As Endeavor starts informing roughly a third of its staff about who is fired, furloughed and/or set for working half-time, the company is also looking to raise another $250 million in financing to help it through the pandemic, the NY Post reports. In the meantime, Moody’s joined S&P Global Ratings in downgrading Endeavor’s considerable debt load to “negative” since their “liquidity position is projected to deteriorate until the impact of the coronavirus subsides.” In other agency news, California US District Court Judge Andre Birotte Jr. dismissed some of the Writers Guild antitrust claims against the big Hollywood agencies in the […]
