{"id":67693,"date":"2018-10-16T14:55:04","date_gmt":"2018-10-16T19:55:04","guid":{"rendered":"https:\/\/www.pwtorch.com\/site\/?p=67693"},"modified":"2018-10-16T14:59:57","modified_gmt":"2018-10-16T19:59:57","slug":"endeavor-cancels-400-million-deal-with-saudi-arabia-to-back-projects-pressure-mounting-for-wwe-to-follow-suit","status":"publish","type":"post","link":"https:\/\/www.pwtorch.com\/site\/2018\/10\/16\/endeavor-cancels-400-million-deal-with-saudi-arabia-to-back-projects-pressure-mounting-for-wwe-to-follow-suit\/","title":{"rendered":"Endeavor cancels $400 million deal with Saudi Arabia to back projects, pressure mounting for WWE to follow suit"},"content":{"rendered":"<div id=\"pwtor-793700425\" class=\"pwtor-before-content pwtor-entity-placement\"><hr \/><b>SPOTLIGHTED PODCAST ALERT (YOUR ARTICLE BEGINS A FEW INCHES DOWN)... <\/b>\r\n\r\n<iframe src=\"https:\/\/widget.spreaker.com\/player?show_id=3076978&theme=light&playlist=false&playlist-continuous=false&autoplay=false&live-autoplay=false&chapters-image=true&episode_image_position=right&hide-logo=false&hide-likes=false&hide-comments=false&hide-sharing=false&hide-download=true\" width=\"100%\" height=\"140px\" frameborder=\"0\"><\/iframe>\r\n<hr \/><\/div><p>In a major decision that could significantly pressure WWE to follow suit and pull out of it massively lucrative deal with Saudi Arabia, <a href=\"https:\/\/www.hollywoodreporter.com\/news\/endeavor-pulling-400-million-saudi-arabia-deal-1152404\">Hollywood Reporter is breaking news<\/a> this afternoon that Endeavor has announced that it is terminating its $400 million deal with Saudi Arabia. WWE is listed with AMC and IMAX as still involved with the Saudis. Excerpt&#8230;<\/p>\n<blockquote><p>The move comes as pressure mounts for Hollywood to take a stand against the kingdom in the wake of the disappearance \u2014 and possible murder \u2014 of Saudi journalist Jamal Khashoggi.<\/p>\n<p>Endeavor is extricating itself from a deal with the Saudi government to invest $400 million into the company,\u00a0The Hollywood Reporter\u00a0has learned.<\/p>\n<p>The move comes as pressure mounts for Hollywood to take a stand against the kingdom in the wake of the disappearance \u2014 and possible murder \u2014 of Saudi journalist Jamal Khashoggi, who wrote for\u00a0The Washington Post.<\/p>\n<p>Sources say paperwork is being drawn up that would terminate the deal for the Saudi Arabian sovereign wealth fund, which was created by the government to back projects at home and abroad, to take a 5-10 percent stake in Endeavor. &#8230;<\/p>\n<p>Endeavor isn&#8217;t the only Hollywood entity doing business with the Saudi government. AMC, Imax, World Wrestling Entertainment, and others all have significant entanglements. Most have either refused to comment on the Khashoggi situation or issued statements that they were &#8220;monitoring the situation.&#8221;<\/p><\/blockquote>\n<p>https:\/\/twitter.com\/dabeard\/status\/1052038542229209089<\/p>\n<p>https:\/\/twitter.com\/RonanFarrow\/status\/1052285293485797376<\/p>\n<p><strong>\u00a0CHECK OUT THIS RELATED STORY:\u00a0<\/strong><a href=\"https:\/\/www.pwtorch.com\/site\/2018\/10\/14\/hbos-last-week-tonight-with-john-oliver-scorches-wwes-saudi-arabia-affiliation-wwe-com-removes-mentions-of-saudi-arabia-as-host-country-for-crown-jewel\/\">HBO\u2019s \u201cLast Week Tonight with John Oliver\u201d scorches WWE\u2019s Saudi Arabia affiliation, WWE.com removes mentions of Saudi Arabia as host country for Crown Jewel<\/a><\/p>\n<div class=\"pwtor-end-article-groups pwtor-entity-placement\" id=\"pwtor-3870097317\"><div id=\"pwtor-3501575475\"><div align=\"center\" data-freestar-ad=\"__336x280\" id=\"pwtorchcom_medrec_3\">\r\n  <script data-cfasync=\"false\" type=\"text\/javascript\">\r\n    freestar.config.enabled_slots.push({ placementName: \"pwtorchcom_medrec_3\", slotId: \"pwtorchcom_medrec_3\" });\r\n  <\/script>\r\n<\/div>\r\n\r\nTHANK YOU FOR VISITING<\/div><\/div>","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>In a major decision that could significantly pressure WWE to follow suit and pull out of it massively lucrative deal with Saudi Arabia, Hollywood Reporter is breaking news this afternoon that Endeavor has announced that <a class=\"mh-excerpt-more\" href=\"https:\/\/www.pwtorch.com\/site\/2018\/10\/16\/endeavor-cancels-400-million-deal-with-saudi-arabia-to-back-projects-pressure-mounting-for-wwe-to-follow-suit\/\" title=\"Endeavor cancels $400 million deal with Saudi Arabia to back projects, pressure mounting for WWE to follow suit\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":67410,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,3],"tags":[],"class_list":["post-67693","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-prowrestlingnews","category-news_wwe"],"jetpack_featured_media_url":"https:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/post\/2018\/10\/WWECrownJewel_3x2_600.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/67693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/comments?post=67693"}],"version-history":[{"count":3,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/67693\/revisions"}],"predecessor-version":[{"id":67696,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/67693\/revisions\/67696"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media\/67410"}],"wp:attachment":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media?parent=67693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/categories?post=67693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/tags?post=67693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}