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TKO Group Holdings, Inc. ( TKO) is an American media conglomerate created by Endeavor as part of a merger between World Wrestling Entertainment, Inc. (WWE) and Zuffa, the parent company of the Ultimate Fighting Championship (UFC). [ 9] Following the completion of the merger on September 12, 2023, both WWE and UFC operate as divisions under the ...
TKO, which is majority owned by Endeavor, raised its 2024 revenue target by about $60 million to $2.670 billion to $2.745 billion. Adjusted EBIDTA was hiked by about $35 million to $1.220 billion ...
On April 3, 2023, WWE reached a deal with Endeavor Group Holdings, Inc. to merge with UFC's parent company, Zuffa, to create a new media conglomerate known as TKO Group Holdings. [17] The merger was completed on September 12, 2023, when Endeavor, UFC, and WWE staff rang the bell on the NYSE to mark the debut of TKO's shares. In the merger, Khan ...
August 8, 2024 at 6:57 PM. TKO Group Holdings (NYSE: TKO), the specialty entertainment company that owns both World Wrestling Entertainment (WWE) and the Ultimate Fighting Championship (UFC), had ...
Vince McMahon continues to cash out his stock in TKO Group Holdings, the company formed by the merger of WWE and UFC that is majority-owned by Endeavor. McMahon, the founder of WWE, resigned from ...
In March 2024, McMahon filed to sell $411.95 million worth of TKO stock amidst allegations of sexual assault, following a previous sale of shares worth $670.3 million in November. McMahon, who resigned from the TKO board earlier due to a lawsuit alleging abuse and sexual exploitation, owns approximately 15 million shares of TKO Group's Class A ...
WWE. World Wrestling Entertainment ( WWE) is an American professional wrestling promotion. It is owned and operated by TKO Group Holdings, a majority-owned subsidiary of Endeavor Group Holdings. [ 10] A global integrated media and entertainment company, WWE has also branched out into fields outside of wrestling, including film, football, and ...
The marriage of UFC and WWE is complete: Endeavor and WWE announced the close of their deal to create TKO Group Holdings, merging the wrestling entertainment company and MMA leader UFC. The hope ...