WGA Renews Attacks on Endeavor IPO in Warning to Potential Investors

The Writers Guild of America has renewed its attack on Endeavor’s attempts at an initial public offering, publishing a new “warning” to potential investors on Thursday as to why they should not invest in the parent company of William Morris Endeavor, one of the agencies the guild is suing over packaging fees and conflict of interest claims. In the statement, the WGA accuses Endeavor of setting up a corporate structure that would curtail public investors ability to oversee the company and would put a great deal of control in the hands of “company insiders” like CEO Ari Emanuel. “Endeavor’s dual-class...