Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 17.11.2020  
C(2020 ) 8162 final  
PUBLIC VERSION  
To the notifying parties  
Subject : Case M.9976 – SILVER LAKE PARTNERS/ENGIE/HALL DES 
LUMIERES JV  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 23 October  2020 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which Endeavor 
Operating Company, LLC (“Endeavor”, U nited States of Amercia ) ultimately 
controlled by Silver Lake Partners (“Silver Lake”, U nited States of Amercia ) and 
Culturespaces USA, Inc (U nited States of Amercia ), ultimately controlled by ENGIE 
SA (“ENGIE”, France) , acquire within the meaning of Article s 3(1)(b) and 3(4) of the 
Merger Regulation joint control over  a newly created joint venture (“JV”, USA) , by 
way of purchase of  shares  in a newly created company .3 
2. The business activities of the undertakings concerned  are: 
 Endeavor: talent representation, commercial marketing and endorsements, brand 
strategy, activation and licensing, media production and distribution, and event 
management . 
 Culturespaces: management of cultural establishments, including museum and art 
centres, historic monuments, gardens and collection and digital art centres . 
 
 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduc ed certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 365, 29.10.2020 , p. 10. 

2  JV: The JV will create and manage a digital art centre in New York City, USA. 
The main activities of the JV will include the display of digital immersive cultural 
exhibitions ba sed on art and/or music. The secondary activities of the JV will 
include site privatization for evening events, digital video and music experiences, 
digital thematic exhibitions, and sales of derivative products, snacks and 
beverages . 
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5 (a) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Counc il Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5 .