TKO Group Holdings(TKO)

Leader

TKO Group Holdings (TKO) reported ~$2.8B revenue in FY2024. Owner of UFC and WWE, creating the world's largest sports and entertainment combat company. HQ: New York.

Sports & Entertainment
TKO
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Company Overview

About TKO Group Holdings

TKO Group Holdings, Inc. is the world's premier combat sports and entertainment company, formed in 2023 through the combination of Ultimate Fighting Championship (UFC) and World Wrestling Entertainment (WWE) under the ownership umbrella of Endeavor Group. UFC is the global home of mixed martial arts, hosting approximately 42 events annually featuring elite fighters across all weight classes in pay-per-view, broadcast, and streaming formats. WWE is the world's leading professional wrestling entertainment brand with flagship shows Raw (now on Netflix), SmackDown, and its marquee WrestleMania event.

Business Model & Competitive Advantage

TKO Group reported approximately $2.8 billion in revenue in FY2024, with media rights representing the largest revenue category. The company's landmark media deals include UFC's agreements with ESPN/ABC and international broadcasters, and WWE's transformational deal placing Raw on Netflix globally starting 2025 — the first major live sports programming on the streaming platform. Both franchises have demonstrated remarkable IP durability: UFC's combination of personality-driven stars and legitimate athletic competition creates a format that has grown steadily for 30 years, while WWE's storyline-driven entertainment has endured through generational shifts.

Competitive Landscape 2025–2026

TKO's combination creates significant synergies in talent management, international expansion, sponsorship packaging, and licensing. The company is aggressively pursuing new live events in Saudi Arabia, Asia, and emerging markets where combat sports and wrestling have passionate but undermonetized fan bases. As sports rights valuations continue rising globally, TKO's IP franchises position it as an essential partner for streaming platforms and networks seeking live event content.

Revenue
$2800M
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Key Differentiators

Market Leader

TKO Group Holdings is recognized as a market leader in the Communications sector, demonstrating strong industry presence and customer trust.

Enterprise Scale

With $2800M in revenue, TKO Group Holdings operates at enterprise scale with proven market validation.

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