Jason Lublin: Yeah, look, I mean, new acquisition for us, we close in Q4, so stolen very early in the integration phase, but half very happy with what we’ve seen so far. We previously gave revenue guidance for €˜22 of roughly $340 million. We’re expecting double digit growth on that of the combined entity in the new sector going forward. So, it’s early, but from what we see, we’re very happy with what’s going on at in that entity. And where we were going to go on revenue synergies and margin expansion over time.
Operator: The next question comes from the line of Stephen Laszczyk with Goldman Sachs. You may now proceed.
Stephen Laszczyk: Thank you. Good afternoon. Could you talk a little bit more about some of the recent trends you’re seeing on the event side of the business? As we start to think ahead to maybe the middle and back part to the 2023 slate, how have ticket sales has been trending? How’s pricing trended for some repeat events that you’re comping last year? And have you seen any pockets of moderation from the consumer thus far that are noticeable?
Ari Emanuel: I’d say, to date, we see limited impact of what we’re all seeing in the we’re all reading about inflation, et cetera, et cetera. And we see solid performance across the board. Whether that be, in my opening remarks, I said 300,000 people attending €“ Open, free South Korea was very well done. The Super Bowl in the LA, Hyde Park went to Wonderland, did exceedingly well, and we can continue to kind of go over all those looks very, very good for us. So, going into the beginning of the year, our events, there was no indication that there was any slowdown in the consumer demand for experiences and to be out there. So, we feel on the representation side, we’ve booked over 40,000 music engagements. So, and as I said in my remarks, there’s 29 sellouts from the UFC in a row and some of the high-end experiences with on location, we have $50,000. So right now, and we’re cautiously optimistic on the consumer side, it’s still very positive.
Stephen Laszczyk: And then maybe just one on re general sports and sports media rights more broadly. I was curious to hear your latest thoughts on some of the RSNs and the extent to which some of the pressures that have been highlighted over the last year have changed your view if at all, on the value of sports media rights largely in or the way you approach meteorites sports meteor rights deals in your business? Thank you.
Ari Emanuel: Here, here’s what I would say to you is that I’m not commenting on the regional aspect of it. There was multiple bidders on big 10, big 12. There was multiple bidders on Wimbledon and a lot of our UFC rights internationally. So, you now have a bunch of the S5 players getting into that space, people doing shoulder programming like Netflix. That’s just on the domestic side. Internationally, one of our last deals we did for the UFC in the UK, there was six bidders for our rights. So, when we’re up over 100% and our IMG Media business is doing very, very well. So, the demand for live sports and those rights broadcast is in high demand.
Stephen Laszczyk: Great. Thank you.
Operator: Thank you, Mr. Laszczyk. The next question comes from the line of David Karnovsky with JPMorgan. You may now proceed.
David Karnovsky: Hi, thanks. Just two, I need to see — wanted to see if you could update on FLIGHT PASS in Brazil and the reception to the launch there around the OC 2833 in Rio? And then noted stage in more events internationally, but I think with a negative impact to margins. So, I don’t know wondering if you see a PASS to potentially getting paid by local promoters or governments in some of these regions’ kind of similar to like F1 model? Thank you.
