TKO announced fourth quarter earnings for 2023 and the filings revealed the UFC and WWE made record revenue. The UFC made $142.9 million in adjusted earnings on $282.8 million for the fourth quarter. In total for the year, the UFC revenues rose 13% to $1.3 billion while adjusted EBITDA was up 11% to $756 million. […]
Earnings docs show WWE paid $20M settlement to MLW to resolve antitrust lawsuit
TKO Group Holdings disclosed its earnings for the fully year in 2023 and in the required documents filed with the Security and Exchange Commission it disclosed the amount it paid MLW to settle its lawsuit. According to SEC filings it paid $20 million to settle the lawsuit this past December. MLW filed the lawsuit against […]
WWE sues Texas to prevent release of information
Wrestlenomics reports that World Wrestling Entertainment has sued the Attorney General of Texas to prevent the release of information pursuant to the Texas Public Information Act. Its related to information that was released on inflated attendance figures on last year’s Royal Rumble. The lawsuit is based upon a public information request from Brandon Thurston at […]
Parties in Le Antitrust Lawsuit head to Private Mediation
The parties in the UFC antitrust lawsuit are attending private mediation according to a court entry filed on Monday. The mediation is in lieu of a Mandatory Court Settlement Conference scheduled for next month. The Court Order filed today indicated that the settlement conference was VACATED meaning that it would not go forward. The bigger […]
The Legal Submission 80 – Boots files lawsuit
Jaron “Boots” Ennis is in another legal dispute as the Philly fighter finds himself in a lawsuit suing his promoter for lack of fights. Ennis fought this past July and earned a 10th round KO, but he has not been able to get a sufficient number of fights. Boots filed his Promotional Agreement with the […]