Company Research Report: TKO Group Holdings, Inc.
Company Overview
- Name: TKO Group Holdings, Inc.
- Mission: TKO Group Holdings is committed to being a premium sports and entertainment company, comprising UFC, the world’s premier mixed martial arts organization, and WWE, the recognized global leader in sports entertainment.
- Founded: No information is available
- Key People:
- Dwayne Johnson, Board of Directors (Appointed January 23, 2024)
- Brad Keywell, Board of Directors (Appointed January 23, 2024)
- Headquarters: No information is available
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: TKO Group Holdings, Inc. is known for being a leading company in sports and entertainment, managing UFC and WWE, both prominent brands in mixed martial arts and sports entertainment respectively.
Products
UFC (Ultimate Fighting Championship)
- Description: UFC is the world’s premier mixed martial arts organization.
- Key Features:
- Largest Pay-Per-View event provider globally.
- Conducts numerous live events throughout various international venues.
- Expanding marketing partnerships and media reach.
WWE (World Wrestling Entertainment)
- Description: WWE is an integrated media organization and the recognized global leader in sports entertainment.
- Key Features:
- Hosts significant events like WrestleMania, noted for high audience engagement.
- Involves media rights partnerships and live event productions.
Recent Developments
New Products and Features
- WWE and Netflix Partnership: Announced a long-term partnership making Netflix the home of WWE RAW starting in 2025.
- WWE NXT on The CW Network: Beginning October 2024, WWE NXT will air exclusively on The CW Network, marking its debut on a broadcast television network.
New Partnerships
- UFC and Anheuser-Busch Partnership: Effective January 1, 2024, Anheuser-Busch will become the exclusive "Official Beer Partner of UFC," enhancing consumer engagement through diversified media and on-site presence.
- UFC and Riyadh Season: Announced as title partner for the UFC 306 event in Las Vegas.
Structural Changes
- Merge of UFC and WWE Live Events Teams: Integrated into one unit to create a robust live events portfolio.
- Merge of UFC and WWE Global Partnerships Teams: Unified to form a powerful sports marketing powerhouse.
Major Events
- UFC 300: PEREIRA vs. HILL: Achieved significant monetary success and was one of the highest-grossing events in UFC history.
- WrestleMania XL: Became the most successful and highest-grossing event in WWE history.
Strategic Acquisitions and Initiatives
- Capital Return Program: Authorized a $2.0 billion share repurchase program and a quarterly cash dividend initiative.
- Acquisitions from Endeavor: Strategic acquisition of sports assets from Endeavor announced.
Key Agreements
- Media Rights with NBCUniversal: A five-year domestic media rights partnership ensuring Friday Night SmackDown airs on USA Network starting October 2024.
Conclusions
No additional commentary provided.