each Thanks, we quarter. our and results you afternoon operating start of are on good third you will in Ari everyone. financial walking through will also seeing for by what provide I our the color segments. I some
As a the all COVID-impacted to XXXX. reminder, will quarter comparisons of be third
September ended which year $XXX we content in XX%. revenue year. we this sold XX, quarter XXXX, down $XXX of the restricted from $X.XXX billion million in included January business, consolidated revenue, the For The generated or Endeavor prior of million
million for related been XX%. was revenues $XX.X to as net revenues quarter this of income Excluding would consolidated million business, a compared ago. to loss up the Net year $XX.X have
or quarter’s current restricted flow was included our quarter before to $XX.X in cash million for compared from affiliates, in This of affiliates EBITDA quarter, cash minority million of adjusted million million $XX.X from losses was the to the last losses losses Learfield adjusted million year. X%. of $XX prior less year. as Adjusted quarter $XX of The of included the last million equity $XXX.X million compared $XX investment up EBITDA EBITDA Content Income operating in the results was conversion flow from XX.X% Free $XX.X CapEx. defined million, representing business. from Endeavor flow $XXX.X to activities year cash free predominantly
pay-per-view increase third and revenue EBITDA Growth or $XXX.X of driven up by UFC. generated the XX%, in in fees, or up in $XXX.X at million segment’s Properties rights adjusted licensing, while $XXX.X XX%. Owned was sponsorships, commercial million an $XX the million, million quarter, media Our event-related segment was revenue this Sports segment
records FIGHT gain on capacity event live At San audiences for there events, XXXX. TV restarting The at the had the The their Dallas, same partnership this Paris. Brazil PASS distribution arenas the of in events. this set history. In the band had announced first and XX original X, Night event largest pay-per-view full since the also France’s largest PASS Segment our as as PBR event connection we of more for with was in to sellouts events Diego, UFC the local driven of on UFC, government Diamond of in at debut format in Fight consecutive in merchandise slated London versus quarter sporting the lift had host of broadcasters grossing Band, year XX by team January last City, remains one in Holdings. after FIGHT records with series has new with return and UFC worked to a content. at the with Baseball we live and events Salt one select results Brazil highest audiences. inclusion well Paris Arena’s were new the years addition, UFC In event Overall, the sport. quarter in launch the more history having Brazil, broadcast with free-to-air Lake
million impacted introduction events canceled that to World & a free Segment in games, Aer Ryder third that was Classic of quarter were sell factors the $XXX.X and all XXXX, were year. number down Championship by events and well of our occurred college segment events. XXXX as by biennial not returning football quadrennial XXXX in Revenue certain last in in growth the including of Lingus and in by academy $XX.X as offset game the certain down revenue which the impacted adjusted These event occurred second recorded somewhat of was revenue music Now million, Cup also turning events in EBITDA UEFA Cup, Events, CONCACAF qualifying like but roughly to XXXX. Rights, XX%. in million X% Euro the million quarter, or $XX.X the XXXX of Experiences quarter the timing our of nearly $X.X the compared or and business, of
insurance tennis Movado record year addition acquired also of at Open Barrett-Jackson, San WWE’s Wimbledon, Classic on-location timing London, in Adjusted cost the continued the biggest the on by of We saw including NFL saw location Silicon for as business quarter. the impacted well tournament, U.S. the demand across business the was our which events. of Olympics we properties EBITDA and the such attendance increased the as Tournament, events BIG recoveries the the and Tennis in prior recognized as personnel, Valley and
end at Additionally, closed of of OpenBet the acquisition the quarter. our
announced, Arena XXXX. segment reportable beginning fourth called will Data and Technology previously Sports we and OpenBet form IMG January a As
Representation. Finally,
or a million, nearly $XXX.X was of decrease revenue million XX%. segment $XXX.X Representation Our
Third quarter revenue Content million the business. XXXX from Endeavor $XXX restricted included of
segment up Endeavor EBITDA The $XX.X adjusted prior year $XXX.X from million been million revenues or $X.X XX%. million would included restricted was Content nearly or adjusted Segment $XX.X of have down business. EBITDA X%. the that, Excluding million,
the segment million strength Excluding live Performance continued have where as saw of talent our corporate entertainment XXXoverXX music clients. increased in that, our by increased continued EBITDA core adjusted business as would agency and we business, from well in was predominantly this spending marketing driven $XX.X recovery or XX%. our
XX% of end interest annual pay-down our the to by intend debt. debt debt total We In to approximately in an of and to we now the we cash additional aggregate million million. million $X.X pay a At expect quarter, the reduce quarter ended with down capital year. pay $XXX the rate in billion fixed outstanding Moving Together, structure. cash. down million debt combined before approximately cost We of $XXX made $XXX.X our the quarter our end, is $XX of debt. of voluntary the
X.XXx We also net our approximately be expect year-end. by leverage to
for We continue free flow conversion anticipate XXXX. approximately to year cash of the XX% full
XXXX. full We conversion XX% anticipate cash also roughly year achieving flow for free the
to opportunities our of strength free flow we the see With to de-lever. more continue profile, cash
revenue Moving billion of is be guidance $X.XXX on billion, revenue restricted billion representing year-over-year we XX%, to our updated the are and tightening $X.XXX midpoint, XXXX the $X.XX at to which our Endeavor business. outlook, between excluding range Content growth
billion raising adjusted adjusted are up of billion, we prior our year-over-year $X.XX range EBITDA $XX guidance addition, midpoint XX%. expected our and at is In the range, million of from billion from $X.XXX which midpoint, $X.XXX growth EBITDA the representing
to With our and ongoing that, for the organization Our of impact face Even continued the incorporates high confident Miss adverse our discipline. the delayed our cost year, the content it the James. on the revenue visibility of business back environment, remain of earlier updated I’ll over the to an into guidance our the the anticipated resilience following our than degree and considerations: we ahead. Universe of non-scripted deliveries within macro against our of sales strategy in of in uncertain business, turn challenges ability balance timing of execute FX,
