TKO GROUP HOLDINGS, INC.


Associated tags: Sport, TKO, Endeavor Group Holdings, UFC, EDR, WWE, Sports, Entertainment, Wrestling, Martial Arts, Other Entertainment, General Entertainment, Concerts, Events, NYSE, Other Sports

TKO Reports First Quarter 2024 Results

Retrieved on: 
Wednesday, May 8, 2024

Adjusted EBITDA was $140.2 million for the period from January 1, 2024 through March 31, 2024.

Key Points: 
  • Adjusted EBITDA was $140.2 million for the period from January 1, 2024 through March 31, 2024.
  • The Company expects to make two payments totaling $200 million in 2024 and one payment of $135 million in 2025.
  • In addition, it reports results for the “Corporate” group, which incurs expenses that are not allocated to the business segments.
  • ET on May 8, 2024, to discuss its first quarter 2024 results.

TKO Group Holdings to Participate in J.P. Morgan Technology, Media and Communications Conference

Retrieved on: 
Wednesday, May 1, 2024

TKO Group Holdings, Inc. (NYSE: TKO), a premium sports and entertainment company, announced that its President and Chief Operating Officer, Mark Shapiro, will participate in the J.P. Morgan Technology, Media and Communications Conference on Monday, May 20, 2024 at 9:20 a.m. Eastern Time in Boston, MA.

Key Points: 
  • TKO Group Holdings, Inc. (NYSE: TKO), a premium sports and entertainment company, announced that its President and Chief Operating Officer, Mark Shapiro, will participate in the J.P. Morgan Technology, Media and Communications Conference on Monday, May 20, 2024 at 9:20 a.m. Eastern Time in Boston, MA.
  • A link to the live session, as well as a replay available for at least 30 days, will be accessible on the company’s investor relations website at investor.tkogrp.com .

TKO to Announce First Quarter 2024 Results

Retrieved on: 
Tuesday, April 16, 2024

TKO Group Holdings, Inc. (“TKO”), a premium sports and entertainment company, will release its first quarter 2024 results after market hours on Wednesday, May 8, 2024.

Key Points: 
  • TKO Group Holdings, Inc. (“TKO”), a premium sports and entertainment company, will release its first quarter 2024 results after market hours on Wednesday, May 8, 2024.
  • The live teleconference to discuss these results and provide a business update is scheduled for 5 p.m.
  • The earnings release, the live call and any supporting materials will be accessible via TKO’s IR site – investor.tkogrp.com.
  • A recording of the teleconference will be available on TKO’s IR site shortly following the call.

TKO Group Holdings to Participate in Morgan Stanley Technology, Media & Telecom Conference

Retrieved on: 
Thursday, February 29, 2024

TKO Group Holdings, Inc. (NYSE: TKO), a premium sports and entertainment company, announced that its President and Chief Operating Officer, Mark Shapiro, will participate in the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 6, 2024 at 10:15 a.m. Eastern Time (7:15 a.m. Pacific Time).

Key Points: 
  • TKO Group Holdings, Inc. (NYSE: TKO), a premium sports and entertainment company, announced that its President and Chief Operating Officer, Mark Shapiro, will participate in the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, March 6, 2024 at 10:15 a.m. Eastern Time (7:15 a.m. Pacific Time).
  • A link to the live session, as well as a replay available for at least 30 days, will be accessible on the company’s investor relations website at investor.tkogrp.com .

TKO Reports Full Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024

Adjusted EBITDA was $163.0 million for the period from September 12, 2023 through December 31, 2023.

Key Points: 
  • Adjusted EBITDA was $163.0 million for the period from September 12, 2023 through December 31, 2023.
  • Adjusted EBITDA margin was 43% for the period from September 12, 2023 through December 31, 2023.
  • Including WWE activity for the periods from January 1, 2023 through September 11, 2023 and for full year 2022, WWE combined Adjusted EBITDA margin3 was flat at 40% in both 2023 and 2022.
  • For the twelve months ended December 31, 2023, the Company’s consolidated pre-tax results included $83.8 million of merger and acquisition related costs.

TKO to Announce Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Friday, January 26, 2024

TKO Group Holdings, Inc. (“TKO”), a premium sports and entertainment company, will release its fourth quarter and full year 2023 results after market hours on Tuesday, February 27, 2024.

Key Points: 
  • TKO Group Holdings, Inc. (“TKO”), a premium sports and entertainment company, will release its fourth quarter and full year 2023 results after market hours on Tuesday, February 27, 2024.
  • The live teleconference to discuss these results and provide a business update is scheduled for 5 p.m.
  • The earnings release, the live call and any supporting materials will be accessible via TKO’s IR site – investor.tkogrp.com.
  • A recording of the teleconference will also be available on TKO’s IR site shortly following the call.

TKO Appoints Brad Keywell to Board of Directors

Retrieved on: 
Tuesday, January 23, 2024

TKO Group Holdings, Inc. (NYSE: TKO) (“TKO”), a premium sports and entertainment company, has appointed Brad Keywell to its Board of Directors, effective today.

Key Points: 
  • TKO Group Holdings, Inc. (NYSE: TKO) (“TKO”), a premium sports and entertainment company, has appointed Brad Keywell to its Board of Directors, effective today.
  • Keywell, an accomplished entrepreneur with deep expertise in technology and artificial intelligence, brings significant experience in innovation and industry disruption to the Board.
  • Ariel Emanuel, CEO, TKO, said: “Brad’s curiosity, creativity, and leadership will be an asset for management and shareholders alike.
  • I look forward to being a part of its continued expansion and helping TKO optimize the fan experience and leverage emerging technologies.”
    The addition of Keywell, as well as today’s appointment of Dwayne Johnson to TKO’s Board of Directors, will increase TKO’s board from 11 to 13 members.

Netflix to Become New Home of WWE Raw Beginning 2025

Retrieved on: 
Tuesday, January 23, 2024

This marks a major programming shift as Raw leaves linear television for the first time since its inception 31 years ago.

Key Points: 
  • This marks a major programming shift as Raw leaves linear television for the first time since its inception 31 years ago.
  • View the full release here: https://www.businesswire.com/news/home/20240122475252/en/
    Beginning in January 2025, Netflix will be the exclusive new home of Raw in the U.S., Canada, U.K. and Latin America, among other territories, with additional countries and regions to be added over time.
  • WWE’s award-winning documentaries, original series and forthcoming projects will also be available on Netflix internationally beginning in 2025.
  • “It marries the can’t-miss WWE product with Netflix’s extraordinary global reach and locks in significant and predictable economics for many years.

TKO Appoints Dwayne Johnson to Board of Directors

Retrieved on: 
Tuesday, January 23, 2024

TKO Group Holdings, Inc. (NYSE: TKO) (“TKO”), a premium sports and entertainment company, has appointed Dwayne Johnson to its Board of Directors, effective today.

Key Points: 
  • TKO Group Holdings, Inc. (NYSE: TKO) (“TKO”), a premium sports and entertainment company, has appointed Dwayne Johnson to its Board of Directors, effective today.
  • Vince McMahon, Executive Chairman of the Board, TKO, said: “Very few people on the planet understand the convergence of sports, entertainment, media, and business like Rock.
  • We are proud to have him join the TKO board to help take our company to new heights.”
    Dwayne “The Rock” Johnson, said: “My grandfather, High Chief Peter Maivia, and my dad, Rocky ‘Soulman’ Johnson, would’ve never thought this day would come.
  • The addition of Johnson, as well as today’s appointment of Brad Keywell to TKO’s Board of Directors, will increase TKO’s board from 11 to 13 members.

TKO Merges UFC® and WWE® Global Partnerships Teams to Create Sports Marketing Powerhouse

Retrieved on: 
Thursday, January 4, 2024

Norris-Jones will work alongside Lou Koskovolis, who is also taking on an expanded role as TKO’s Executive Vice President of Global Partnerships.

Key Points: 
  • Norris-Jones will work alongside Lou Koskovolis, who is also taking on an expanded role as TKO’s Executive Vice President of Global Partnerships.
  • “Since Endeavor acquired UFC in 2016, UFC’s global partnerships business has become a significant growth area,” said Andrew Schleimer, Chief Financial Officer, TKO, “and we believe WWE’s partnerships business has similar potential.
  • Together, UFC and WWE create a sports marketing powerhouse, with hundreds of live events per year and a reach that’s equal to, or better than, the world’s biggest sports properties.
  • Over the last year, WWE has activated with Applebee’s, General Mills, Mattel, Netflix, PepsiCo, Pizza Hut, Slim Jim, and Snickers.