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. […]
WWE
Report: Wrestlemania 43 to Saudi Arabia
Rumors are swirling that the 2027 Wrestlemania will be held in Saudi Arabia. Cageside Seats reports that a deleted Snapchat by Turki Al-Sheikh which indicated that “Wrestlemania 43 will be the first-ever outside of the United States or Canada.” WrestleMania 42 will take place for the second straight year in Las Vegas this April. The […]
WWE Friday Night Smackdown draws all-time low
WWE Friday Night Smackdown on the USA Network drew 1.147M viewers, the lowest rating since moving back to the USA Network. The telecast drew 0.28 (~369K-382K viewers) in the A18-49 demo. The episode was taped earlier in the day in France as the penultimate show before Sunday’s Clash in Paris. Perhaps the taping (it was […]
Brock Lesnar returns to WWE
Pro wrestling is full of surprises. Summerslam took place this past weekend at Met Life Stadium in Newark, New Jersey. The company saved the biggest surprise for the last night. On the first night of Wrestlemania, Seth Rollins cashed his Money in the Bank briefcase to wrest the WWE Heavyweight title away from CM Punk […]
Hulk Hogan’s death evokes polarizing viewpoints
Terry “Hulk Hogan” Bollea passed away on Thursday, July 24, 2025. Arguably, he had the most success as a pro wrestler in the modern time to crossover into mainstream pop culture. Too bad the character was not the same as the person. As many people found out later in his life, Hogan had a polarizing […]