Endeavor’s IPO Is Ari Emanuel’s Next Step Toward Media Mogul

Update: After this story published, Endeavor Group Holdings Inc. pulled its U.S. initial public offering after downsizing the listing, according to a statement issued Thursday after the markets closed, Bloomberg News reports. “Its bankers and executives had been monitoring the rocky performance of Peloton Interactive Inc. throughout the day and felt that market conditions were too uncertain,” people familiar with the matter told Bloomberg. The company said it will evaluate the timing of the proposed IPO as market conditions develop.