It seems like Miss Universe 2021 Harnaaz Sandhu won’t be able to pass the crown just yet, as the highly anticipated 2022 coronation night (originally set for December this year) will be moved to the first quarter of 2023 instead.

While the reason for the postponement is still unclear, pageant fans are speculating that it might be connected to the organization’s current financial situation.


Ari Emanuel—CEO of Endeavor, which owns the Ultimate Fighting Championship, the William Morris Talent Agency, and the Miss Universe Organization—is reportedly selling the pageant for $20 million (around P1.1 billion).

A recent report published by the New York Post states that the organization, which includes the Miss USA and Miss Teen USA pageants, “books $2 million in losses annually, while generating revenue between $7 million and $9 million” as it had to cancel several events due to the COVID-19 pandemic.

Recommended Videos

According to the same report, the Miss Universe competition also had a dip in viewership, with the 2021 coronation night only drawing 2.7 million viewers as compared to the 3.8 million viewers in 2019 and 5.2 million in 2017.

Despite the organization’s financial situation, however, the Miss Universe pageant is evolving in more ways than one. With the news allowing mothers and married women to join the competition, the prestigious pageant is truly becoming a community that celebrates inclusivity.


Our very own Celeste Cortesi is set to represent the Philippines in the Miss Universe 2022 competition.

This story originally appeared on

* Minor edits have been made by the Female Network editors.

More From

Get the latest updates from Female Network
Subscribe to our Newsletter!
Trending on Network

Latest Stories

These Stylish Earphones Are All You Need to Stay Connected Both Online and Offline

It comes with an "Adaptive Sound Control" that lets you seamlessly move through your surroundings.

Megan Young and Mikael Daez Reveal Why They Aren’t Pressuring Themselves Into Having Kids

“We're kind of okay just coasting along living our life, and seeing what life throws at us."

Julia Barretto Does Not Owe Her Dad Anything, Contrary to What Dennis Padilla Seems to Believe

A good father would never call out his children for providing financial support because it's the bare minimum of being a parent.
Load More Stories