The Muhammad Ali American Boxing Revival Act is losing the public relations war. Introduced this past July, it was widely panned by followers of the sport. Paul, who is taking on Gervonta Davis in an exhibition in Miami this November spoke about the attempts by TKO to change the Ali Act. In speaking with the […]
TKO
Shapiro discusses what went wrong with Netflix deal
Mark Shapiro appeared on John Ourand’s broadcast, The Varsity, to discuss a variety of subjects concerning TKO including why the UFC didn’t sign with Netflix. Shapiro stated disappointment when the Netflix deal fell through. But, Netflix indicated that it did not want volume. It has been the company’s position that it wanted big events. Netflix […]
Wrestlepalooza gets a match sponsor
WWE has officially announced that the tag-team match between Bron Breakker and Bronson Reed and the Usos will be sponsored by Aires Tech. The sponsorship with Aires Tech started last August and if company sounds familiar, it also sponsors the UFC. The company states that it creates Electromagnetic Field protection to protect people from harmful […]
Ahead of Wrestlepalooza, ESPN touts WWE as pillar of new service
ESPN SVP/DTC John Lasker participated in a conference call where he emphasized the inclusion of WWE into ESPN programming. This would include the sports network reporting on WWE events. Lasker stated that the transition to its new digital platform would be everywhere. “We’re not 100% there today, but over the next couple of months, the vast […]
TKO announces stock buyback
TKO Group Holdings, Inc. announced that it has entered into a stock repurchase agreement for $800 million of its outstanding Class A common stock. The company will pay $800M to Morgan Stanley and expects delivery of 3.16M shares. TKO also announced under a 10b5-1 trading plan to repurchase up to $174M outstanding class A shares. […]