Last week, TKO head Mark Shapiro spoke at the 51st Annual J.P. Morgan Global Technology, Media and Communications Conference. During his talk, he indicated that WWE would be doing less live events in the future. Shapiro indicated that they would be doing less “house shows” which are the untelevised WWE touring events which helped grow […]
TKO
TKO Group invests in EverPass
Deadline reports that the TKO Group has invested in EverPass Media, the company distributes live sports and entertainments to bars and restaurants. The news accompanies the announcement that EverPass acquired UPshow which is an on-premise entertainment and performance marketing platform. The acquisition of both will allow businesses to stream NFL Sunday Ticket for the first […]
TKO signs deal with Indiana Sports Corp. for multi-PLE deal
TKO announced a first-of-its-kind partnership which will bring Wrestlemania, Summerslam and Royal Rumble to Indianapolis. The deal gives Indiana that chance to hold 3 of the company’s top Premium Live Events to the area. The deal also includes the ancillary benefits of having Raw, SmackDown, NXT and WWE Live events from the arenas across Indiana. […]
Shouldering bulk of UFC antitrust settlement, TKO Group still posts increasing revenues
TKO Group Holdings, the company that houses the UFC and WWE, announced earning for Q1 which beat analyst expectations. It did post a $249 million loss due to the UFC’s settlement of the antitrust lawsuits filed by former fighters. Yet, TKO announced earnings of $629.7 million and an adjusted EBITDA of $282.2 million. The company […]
McMahon, Khan file to sell TKO stock
Wrestlenomics noted 10 days ago that Vince McMahon and Nick Khan were putting up stock for sale. On Friday, Sportico reports that McMahon was selling the last of his shares in TKO Group Holdings. Khan also filed to sell all of his holdings. This would be the last installment of sales by McMahon who resigned […]