financials everyone. then by of I'll through each seeing comparisons operating around Thanks, be to we're what All I'll of Ari, in quarter. our our first the segments. color good afternoon, some will and start XXXX. the quarter for provide you walking first
bonus X.X% XX, we $X.XXX prior from cash year. down million ended year, XXXX, million, consolidated our $XXX.X billion million the generated $X.X Free March $XXX.X the up flow over or primarily large payments quarter revenue [$XX] note, expectations. X.X% prior majority which hospitality was first a consistent million with the of quarter, quarter for was revenue, the in Adjusted was For the or the events was EBITDA timing reduction seasonally of the and Of of up over prior our in quarter free for flow cash million of offerings. some lightest $XXX due to the the deferred and year.
Now walk through you Data our segment. segments, each of including new our Technology Sports & I'll
Properties XX%. $XXX.X adjusted or was Our million or The the million, $XX.X segment for segment's million Sports in $XX.X quarter, generated of up million the revenue first Owned XX%. quarter $XXX.X EBITDA up
audiences. Diamond at As a quarter as as which in reminder, UFC, increases fees, contributed also PBR additional growth sponsorships, to sales the was primarily revenue commercial this revenue in event was Baseball most attendance as million with September XXXX. by $X sold the in event-related team operating higher the driven included well Pay-Per-View revenue series. Holdings, notably growth due rights Pay-Per-View to as by of media segment costs growth of events an Revenue driven increased from quarter at prior live year additional from ticket and in well segment
continue more UFC Vegas XX Australia's in event the event in and At was commercial Pay-Per-View of UFC's XXX XXX grossing grossing highest across Las UFC UFC, kind, within past to any events we globe. months. the was Perth highest record-breaking deliver
in partnerships. Arena overseas and approximately include XXX London territories, XXX% new over grossing AAV several we prior Media the The Iceland and Baltic in UFC since aggregate QX history. began signed of in highest Additionally, Saran XXXX. the Sport Japan. covering OX French Monaco for in long-term increase our broadcast France, tracking Also and in in countries U-NEXT we RMC deals remains These event quarter, was Turkey,
at revenue Ari XX performances. we PBR, event mentioned, As had records sold-out XX including
oil, several MGM, quarter, Lucas million across X.X drew to Over PBR the extensions the of including more than Sonic. events also the signed fans Kubota course U.S. and with We partnership venues
we overall For also Series, and PBR's industry's partnerships with eBay products. ink Peak Automotive Team Motors
or business in comparison in ongoing adjusted Bowl announced Location's Mexico also of to in was the reported On of due and versus to billion. well the of our was And and Growth continue reflecting sell growth of be $XXX.X the personnel, already year, as discontinuation was now most year's media in Music as enrollment by and investment, by an the Open, IMG quarter, the driven to and the Super of The partially earlier. an profit Events, Experiences IoT in for events. driven multiple was to Miami an inclusion Barrett-Jackson. at Rights. which On a Festival with IoT million quarter Turning Academy million Media and in revenue notably down XX.X%, in plan growth line L.A. EBITDA was value excited last enterprise the which for all-cash expectations On believe Mexico, the up costs Location's Olympic full includes in as location matchup technology-related and at & Festival X-figure by difference of $XX last Revenue $X.XX with of on quarter. Academy. recently potential We Revenue our which business segment discontinuation as events, for the $XX.X heightened cost EBITDA began half fees XXXX. Music the accounted Ari cadence the consistent increases which or across our Frieze $XX X.X%. which Location's mentioned adjusted investment, three An marketing record-setting for games. million agreement year million to Segment we affected said, we in a remain challenging year about second increased by in largely opportunity of $XXX, off right prior IMG returns deal, increasing IMG demand
my of expect planned at transaction I to transaction later of will in address this remarks. our We QX the beginning from year. this the close or of the proceeds use end QX
EBITDA revenue or $XX XXXX. to of or attributable primarily Segment the quarter was to million the was Moving Restricted recorded in prior Adjusted XX%. $XX.X of our decrease X%. EBITDA experiential by million certain disposition categories. due decrease a by offset to decrease down January revenue WME. in million, of the Revenue was segment and increase $XXX.X and Content million, on driven was important Endeavor sold to in was of fashion. segment. an of at talent an business, impacted by from $X.X $XX.X was quarter, million cost Representation in revenue also by revenue business which partially higher drive year WME adjusted contracts The in affected investment the television, marketing growth a this at view music long-term Segment continued range at of as personnel across We a our
inclusion our ARENA new addition than incurred Sports at which down September cycle. XXXX in rights including to data our of costs created segment. data $XXX.X increase IMG $XX EBITDA, Adjusted OpenBet, ARENA, $X approximately XX%. this data million These anticipated, to well Growth by margins, adjusted of which benefited $XX an new Segment as on expect of more we sales monetize advance these offset million, the Turning & million EBITDA the of was or million we temporary increase that attributed or and to Revenue million were pressure as was segment at IMG million, in segment we Data costs business. a acquired $XX.X in the Technology was which revenue from was future. the XXX%. in of growth OpenBet costs in $X.X a
earnings building call, is largely loaded the progresses. quarter's last segment year as and the on being mentioned consistent sequentially As with this back-half
in and net billion We cash, on $XXX.X quarter Moving billion in structure. of the resulting our $X.X capital with to debt. of million ended debt $X.X
leverage Our X.XXx end. at was quarter net
As of net to expected IMG meaningfully Academy following close previously sale transaction. year-end, the and WWE we articulated, leverage by UFC expect the decrease the
prioritize initiating to three a to paying financial across XXXX, allocation plan order: net We short down our we buying successfully areas April back leverage, capital Now debt, greater let's reduced discuss quarterly focus Having have capital our going dividend. strategy. in and Since are now deleveraging. we public additional deploy flexibility. in shifting stocks
the A equity earlier announcing to Class of issuing million Endeavor holders of quarter. million of of our XXX closing $XX we dividend our today. plan common start to the Class intend repurchases common under commenced of down in other Following amount and IMG announced repurchase and up $XX quarterly stock an share voluntarily to pay also operating We're holders stock event-driven per an to company sale, debt and to our Academy up our million A
primarily outlook remainder our of XXXX. Moving updated the the on of reflect to to expected IMG sale We for guidance the Academy.
billion, now guidance between range is Our And is midpoint. midpoint. at at which billion, revenue EBITDA range guidance now billion adjusted is billion between $X.XXX $X.XXX billion $X.XX the is our $X.XXX $X.XXX and which and the billion $X.XX
unknown. scope potential the does the updated from strike any impact guidance and not strike of duration Our include as are currently writers the
impact QX. are we incorporate as We report to to the when will working potential which the develops, size situation our we guide look into
be WWE of cash XXXX with treatment We as metric estimated IMG transactions free costs to of and the approximately timing be well as to will transactions. flow provide under cash and which UFC, depending cash transaction given related our challenges as as both the and year, IMG light currently expenses in to not certain guidance cash free them million. of for to our the GAAP. sale uncertainty remainder in related for both forecasting These specific the in providing are taxes Included operating this well flow Academy, respect deals of the in fees flow closing Academy of $XXX
avoidance the not included. proceeds received doubt, For are of
metric of metric of not in in assets. address the do we this is collection closure believe cash plan level for XXXX said, of to factors, both. free representative normalized flow the we a these That following of XXXX the Given
the Looking ahead by increased focused year, our executing shareholder strategy and remain create value. to are on encouraged of we our opportunity
that, I'll it turn With back James. you, to