Lorenzo Fertitta
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Lorenzo Fertitta
Lorenzo Joseph Fertitta (born January 3, 1969) is an American businessman and philanthropist. He is chairman of Fertitta Capital, director of Red Rock Resorts Inc, and former CEO of the Ultimate Fighting Championship. Early life and education Lorenzo and his older brother Frank Fertitta III were raised in Las Vegas, Nevada, after their father, Frank Fertitta Jr., moved there from Texas with his wife Victoria (née Broussard) in 1960. Fertitta Jr. became a dealer at the Stardust Casino before graduating to management positions at the Tropicana, Sahara and Circus Circus casinos. In 1976, after observing that no casinos effectively catered to the city's residents, Fertitta Jr. built The Casino, a 5,000-square-foot establishment on Sahara Blvd. The Casino would be renamed Bingo Palace before it eventually became Palace Station. Fertitta Jr. worked at Station Casinos, a developer and casino operator in the U.S, alongside his sons until retiring in 1993. Until his death in 2009, Fe ...
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Las Vegas
Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas Valley metropolitan area and is the largest city within the greater Mojave Desert. Las Vegas is an internationally renowned major resort city, known primarily for its gambling, shopping, fine dining, entertainment, and nightlife. The Las Vegas Valley as a whole serves as the leading financial, commercial, and cultural center for Nevada. The city bills itself as The Entertainment Capital of the World, and is famous for its luxurious and extremely large casino-hotels together with their associated activities. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world. Today, Las Vegas annually ranks as one ...
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Sigma Pi
Sigma Pi () is a collegiate fraternity with 233 chapters at American universities. As of 2021, the fraternity had more than 5,000 undergraduate members and over 110,000 alumni. Sigma Pi headquarters are in Nashville, Tennessee. The fraternity was founded on February 26, 1897, by William R Kennedy, James T Kingsbury, George M Patterson, and Rolin R James at Vincennes University. The group was initially known by the Greek letters Tau Phi Delta (ΤΦΔ), but was renamed Sigma Pi in 1907. The change of name was instigated by Robert George Patterson, then a student at Ohio State University. Patterson had wanted to join the Sigma Pi literary society at Illinois College in Jacksonville, Illinois, but the latter group had rejected his request to expand to OSU. In 1907 Patterson approached Tau Phi Delta members, claiming to represent a historic fraternity called Sigma Pi that dated to the 18th century. Tau Phi Delta accepted Patterson's invitation to merge and adopted the named Sigma Pi ...
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Ari Emanuel
Ariel Zev Emanuel (born 1961) is an American businessman and the CEO of Endeavor, an entertainment and media agency that owns the UFC. He was a founding partner of the Endeavor Talent Agency and was instrumental in shaping its June 2009 merger with the William Morris Agency. Background Born to a Jewish family in Chicago, Emanuel was raised in suburban Wilmette, Illinois. Emanuel is the brother of former Mayor of Chicago Rahm Emanuel, American oncologist and bioethicist Ezekiel Emanuel, and sister Shoshana Emanuel (who was adopted). His father, Jerusalem-born Dr. Benjamin M. Emanuel, is a pediatrician who was active in the Irgun, a Zionist terrorist paramilitary group, that operated in Mandatory Palestine during the 1930s and 1940s His mother, Marsha Emanuel (''née'' Smulevitz), was a civil rights activist, and the one-time owner of a Chicago-area rock and roll club. During his third grade at school, Ari was diagnosed with ADHD and dyslexia. In addition to school, his mother spe ...
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WME-IMG
Endeavor Group Holdings, Inc. (formerly known as William Morris Endeavor Entertainment, WME or WME-IMG) is an American holding company for talent and media agencies with its primary offices in Beverly Hills, California, United States. The company was founded in April 2009 after the merger of the William Morris Agency and the original Endeavor Talent Agency. Endeavor represents artists in film, television, music, theater, digital media, and publishing. It also represents the NFL and NHL. Endeavor owns the Ultimate Fighting Championship. It is headed by CEO Ari Emanuel and executive chairman Patrick Whitesell. The group used to own film and television production company Endeavor Content, but sold a majority stake in that division to South Korean entertainment and retail company CJ ENM in January 2022, with the company subsequently being renamed to Fifth Season. History Beginnings The Endeavor Talent Agency launched in 1995. By 2009, it was one of the fastest-growing Hollywood ...
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Zuffa
Zuffa, LLC () is an American sports promotion company specializing in mixed martial arts. It was founded in January 2001 in Las Vegas, Nevada, by Station Casinos executives Frank Fertitta III and Lorenzo Fertitta to be the parent entity of the Ultimate Fighting Championship (UFC) after they purchased it from the Semaphore Entertainment Group. The word "Zuffa" is an Italian word (), meaning "fight". On July 11, 2016, Zuffa announced that it would be purchased by a group led by WME-IMG including Silver Lake Partners, Kohlberg Kravis Roberts and MSD Capital for the price of $4.025 billion. Relationship with MMA organizations International Fight League Throughout the existence of the International Fight League (IFL) between 2006 and 2008, both Zuffa and the IFL had competed in a hostile relationship. Zuffa accused the IFL and sued them for illegally using proprietary information obtained by hiring executives from the UFC organization. The IFL responded with their own suit claiming ...
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Madison Square Garden
Madison Square Garden, colloquially known as The Garden or by its initials MSG, is a multi-purpose indoor arena in New York City. It is located in Midtown Manhattan between Seventh and Eighth avenues from 31st to 33rd Street, above Pennsylvania Station. It is the fourth venue to bear the name "Madison Square Garden"; the first two ( 1879 and 1890) were located on Madison Square, on East 26th Street and Madison Avenue, with the third Madison Square Garden (1925) farther uptown at Eighth Avenue and 50th Street. The Garden is used for professional ice hockey and basketball, as well as boxing, mixed martial arts, concerts, ice shows, circuses, professional wrestling and other forms of sports and entertainment. It is close to other midtown Manhattan landmarks, including the Empire State Building, Koreatown, and Macy's at Herald Square. It is home to the New York Rangers of the National Hockey League (NHL), the New York Knicks of the National Basketball Association (NBA), and wa ...
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Andrew Cuomo
Andrew Mark Cuomo ( ; ; born December 6, 1957) is an American lawyer and politician who served as the 56th governor of New York from 2011 to 2021. A member of the Democratic Party, he was elected to the same position that his father, Mario Cuomo, held for three terms (52nd governor). In 2021, Cuomo resigned from office amidst numerous allegations of sexual misconduct. At the time of his resignation, he was the longest-serving governor in the United States still in position. Born in Queens, New York City, Cuomo is a graduate of Fordham University and Albany Law School. He began his career working as the campaign manager for his father in the 1982 New York gubernatorial election. Later, Cuomo worked as an assistant district attorney in New York City, entered the private practice of law, founded a housing non-profit, and chaired the New York City Homeless Commission from 1990 to 1993. Cuomo served as assistant secretary of Housing and Urban Development from 1993 to 1997. From 1 ...
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Fox Broadcasting Company
The Fox Broadcasting Company, commonly known simply as Fox and stylized in all caps as FOX, is an American commercial broadcast television network owned by Fox Corporation and headquartered in New York City, with master control operations and additional offices at the Fox Network Center in Los Angeles and the Fox Media Center in Tempe. Launched as a competitor to the Big Three television networks ( ABC, CBS, and NBC) on October 9, 1986, Fox went on to become the most successful attempt at a fourth television network. It was the highest- rated free-to-air network in the 18–49 demographic from 2004 to 2012 and again in 2020, and was the most-watched American television network in total viewership during the 2007–08 season. Fox and its affiliated companies operate many entertainment channels in international markets, but these do not necessarily air the same programming as the U.S. network. Most viewers in Canada have access to at least one U.S.-based Fox affiliate, either ...
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Spike (TV Network)
Paramount Network is an American basic cable television channel owned by the MTV Entertainment Group unit of Paramount Media Networks. The network's headquarters are located at the Paramount Pictures studio lot in Los Angeles. The channel was originally founded by a partnership between radio station WSM and Westinghouse Broadcasting as The Nashville Network (TNN) and began broadcasting on March 7, 1983. It initially featured programming catering towards the culture of the Southern United States, including country music, variety shows, outdoors programming, and motor racing coverage (such as NASCAR). TNN was purchased by the Gaylord Entertainment Company in 1983. After Gaylord bought CMT in 1991, TNN's music programming was shifted to CMT, leaving TNN to focus on entertainment and lifestyle programming. In 1995, TNN and CMT were acquired by Westinghouse, which was in turn acquired by Viacom in 1999. Under Viacom ownership, TNN would phase out country-influenced programming in ...
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Viacom (2005–present)
Viacom, an abbreviation of Video and Audio Communications, may refer to: * Viacom (1952–2006), a former American media conglomerate * Viacom (2005–2019), a former company spun off from the original Viacom * Viacom18, a joint venture between Paramount Global and TV18 in India ** Viacom18 Studios, the film subsidiary of Viacom18 See also * CBS (other) * Paramount (other) * Paramount Global Paramount Global (doing business as Paramount) is an American multinational mass media and entertainment conglomerate owned and operated by National Amusements (79.4%) and headquartered at One Astor Plaza in Midtown Manhattan, New York. I ..., an American media conglomerate known as ViacomCBS until 2022 {{Disambiguation Paramount Global ...
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Dana White
Dana Frederick White Jr. (born July 28, 1969) is an American businessman who serves as president of the Ultimate Fighting Championship (UFC), a global mixed martial arts organization. In August 2019, White's net worth was estimated at $500 million. Early life and education White was born in Manchester, Connecticut, to June and Dana White Sr., on July 28, 1969. He is an Irish American. White spent many of his early years residing in Ware, Massachusetts. White and his sister, Kelly, were raised by their mother and her family for the majority of their childhoods. White's mother was a nurse, and the family moved to Las Vegas when White was in third grade, as Vegas offered higher wages for nurses. White attended Bishop Gorman High School, where he first met Lorenzo Fertitta, although they did not become close friends until years later. White said he disliked school and "got kicked out of Gorman twice". Despite living in Nevada, the Whites returned to the East Coast in the summers, t ...
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Chapter 11
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ...
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