The theme of Wrestlemania 40 was it was bringing in a new era for the company. The undertones of the message was that it was doing away with the old regime and bringing in a new one. With this, on Monday Vince McMahon sold more stock of TKO and Endeavor. Notably, on night 2 of […]
Endeavor
Silver Lake to purchase Endeavor, take it private
Due to concerns over its stock price, the parent of TKO Group Holdings, Endeavor, is looking to take the company private. Shares are down more than 36% since the company’s IPO in 2021. TKO Group Holdings will not be a part of the privatization and will remain publicly traded. Private equity company Silver Lake is […]
Corporate synergy on Monday Night Raw
The WWE held Monday Night Raw at the Honda Center in Anaheim, California two days after UFC 298 held its own event in the arena. On WWE’s telecast, Michael Chandler was handed a microphone and cut a promo on Conor McGregor. One-half of the coaches on the most recent The Ultimate Fighter called out the […]
Top 10 MMA Business Stories of 2023 – No. 8 Dana White selects his own punishment
Ironically, the debut of Power Slap started with a video from TMZ showing Dana White and his wife engaged in an argument in which they exchange slapping one another. In a pop culture where everyone complains about being cancelled, White suffered no consequences for his actions. First, the TMZ video was not produced immediately which […]
New WWE-UFC merger gets a name
CNBC first reported that the upcoming coming that will combine WWE and UFC will be called TKO Group Holdings (TKO). The new sports entertainment company, with its stock ticker TKO, will be publicly traded on the New York Stock Exchange. According to the report Endeavor and WWE hope to create a sports entertainment giant valued […]