TTKO Group Holdings, Inc. owns UFC, WWE, and PBR, and runs more than 500 live events each year across 210 countries, while also providing services through IMG and On Location. Its brands stage events, broadcasts, and experiences and monetize through media, sponsorships, and premium hospitality. It stands out by uniting premier combat sports and entertainment brands under one umbrella with a global event footprint and integrated agency and hospitality capabilities. Its goal is to connect fans with world-class live sports and entertainment at scale while maximizing value for fans, sponsors, and rights holders.
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Industries
Company Size
1-10
Company Stage
IPO
Headquarters
Town of Pelham, New York
Founded
2023
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Total Funding
$2.3B
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. 1 hour ago 15 UFC had the wind at its back in the third quarter with a string of sellout events that pushed revenue and adjusted earnings for the league's parent company, TKO, to new heights. UFC delivered double-digit gains in the quarter across all key measures. Revenue climbed 60% year-over-year to $519.2 million, thanks to a $132.3 million increase in media rights, production and content revenue. Live events and hospitality revenue spiked by $36 million, in addition to a $20.5 million increase in partnerships and marketing revenue and a $5.2 million boost in consumer products licensing and other revenue. WWE, on the other hand, had a tougher quarter in part because there were three more events on the wrestling league's main roster in the comparable year-ago quarter. Nevertheless, the full-year forecast for both UFC, WWE and IMG, which includes the On Location premium events business, which also had a strong quarter thanks to the influx of big-ticket events around the World Cup. "Our third quarter performance reflects the secular tail winds powering live events and experiences around the world, and TKO's assets sit front and center of that premium ecosystem," said Mark Shapiro, president and COO of TKO. "As we close out what we've called our year of execution, our decision to raise full-year guidance for the second time this year is the clearest expression of our conviction across the entire portfolio. Our business is durable and our fundamentals are solid, with the vast majority of our existing revenues locked in for the next five to seven years. Macro trends are firmly in our favor, every facet of sports consumption is pointing north, and we see substantial runway ahead." For the quarter, TKO delivered total revenue of $1.36 billion, up 21%. Adjusted earnings before interest, taxes, depreciation and amortization, spiked 54%, to $555.7 million, powered by an increase of $119.7 million at UFC and a gain of $9.4 million at WWE. Adjusted EBITDA margin expanded nicely to 41%, up from 32% a year ago. With these trends, TKO has increased its full-year revenue and adjusted earnings target for the full year $5.790 billion to $5.830 billion for revenue and $2.295 billion to $2.315 billion for adjusted EBITDA. More to come
SilverEdge cooperative. TKO Group stock: is TKO underperforming the Communication Services Sector? Neha Panjwani Barchart Mon Sep 28, 3:44AM CDT TKO Group Holdings, Inc. (TKO), headquartered in New York, provides sports entertainment services, as well as focuses on organizing live events. Valued at $34.6 billion by market cap, the company is also involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys. Companies worth $10 billion or more are generally described as "large-cap stocks," and TKO definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the entertainment industry. TKO's strength lies in its portfolio of dominant brands, UFC and WWE, which combined drive significant media rights, live event revenue, and global sponsorship deals. Despite its notable strength, TKO slipped 19.5% from its 52-week high of $226.94, achieved on Feb. 26. Over the past three months, TKO stock declined 10.4%, underperforming the State Street Communication Services Select Sector SPDR ETF's (XLC) 7% gains during the same time frame. In the longer term, shares of TKO fell 12.6% on a YTD basis and dipped 6.7% over the past 52 weeks, underperforming XLC's YTD losses of 4% and 3.5% over the last year. To confirm the bearish trend, TKO has been trading below its 50-day and 200-day moving averages since early July, with some fluctuations. TKO's underperformance stems primarily from governance and legal overhangs, elevated valuation sensitivity, and earnings volatility, despite solid fundamental revenue growth. Although the business continues to generate strong top-line momentum from live events and media rights, sentiment has been persistently weighed down by shareholder litigation related to the WWE-UFC merger, high-profile insider selling by executives, and persistent quarterly earnings misses, such as its Q2 results failing to meet Wall Street EPS expectations. TKO's rival, Madison Square Garden Sports Corp. (MSGS) has taken the lead over the stock, with a 55.8% gain on a YTD basis and an 81.5% uptick over the past 52 weeks. Wall Street analysts are bullish on TKO's prospects. The stock has a consensus "Strong Buy" rating from the 24 analysts covering it, and the mean price target of $228.55 suggests a potential upside of 25.1% from current price levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
Quartet of senior hires for new-look MotoGP. A new chief commercial officer, chief media officer, chief operating officer, and chief strategy officer, are now in place. Motorcycling's top-tier MotoGP series has unveiled four senior new hires as it looks to bolster its back room. Ryan Norys joins as chief commercial officer, Sameer Pabari becomes chief media officer, and Louise Young comes in as chief operating officer, while Denitza Batchvarova arrived as chief strategy officer earlier in September. Norys joins from beleaguered top-tier English soccer club Tottenham Hotspur, where he had headed up their commercial affairs since 2022. Other roles held by the new CCO include time spent at the Miami Dolphins of the NFL. Young, meanwhile, joins from iconic motor racing series Formula 1, where she was most recently chief race promotion officer, while Pabari becomes chief media officer following a spell as a league advisor. His previous senior roles in the sports industry include stints at the NFL, Warner Bros. Discovery, and Manchester United. Batchvarova joined MotoGP earlier in September from TKO Group, after a stint leading strategy at the Ultimate Fighting Championship. These appointments come following the promotion of Carlos Ezpeleta to deputy chief executive - unveiled in August - and Vince Russell being brought in as chief financial officer back in May. Carlos' father, Carmelo, is the MotoGP CEO. Carlos Ezpeleta has now said: "These appointments are an important step in building the team that will help shape MotoGP's future. Ryan, Sameer, Louise and Denitza bring hugely valuable experience from leading sports and entertainment organisations that will strengthen our commercial, media, operations and strategy capabilities." Earlier this month, MotoGP and global professional services firm Accenture unveiled a deal through which a new, direct-to-consumer, OTT streaming offering will launch. The Liberty Media-owned racing series will debut the new streaming platform in 2027, and will cover the elite MotoGP, secondary Moto2, and tertiary Moto3 categories, as well as the supporting World Superbike (WorldSBK) series. The 2026 MotoGP season got underway at the start of March in Thailand and runs through until the final race of the season in Valencia, Spain, in late November. MotoGP is now promoted and run by MotoGP Sports Entertainment, rebranded as such from Dorna Sport after that firm's takeover by Liberty Media in 2024. Give your business an edge with its leading industry insights.
Mark Shapiro teases a wwe/walt Disney Company collaboration. September 9, 2026 TKO COO Mark Shapiro says WWE and The Walt Disney Company are working on "some special events" in 2027 aimed at bringing both brands' audiences together. Shapiro said WWE is "a different audience than the UFC" and stressed that "when it comes to going after families, that's our audience." He added that "advertisers are starting to see that" as WWE continues to lean into its family-friendly appeal. Looking ahead, Shapiro said, "I'm excited for 2027" because TKO is "working with The Walt Disney Company on some special events around Disney and WWE." He said the goal is "bringing those two audiences together" because both brands have one major thing in common: "Family." (Source: Goldman Sachs Conference)
Executives from EA and Tencent to speak alongside Netflix, Sony, and Disney at FT Business of Entertainment summit. Leadership summit takes place in West Hollywood in September, with discount for GamesIndustry.biz readers News by Jon Hicks Editorial Director Published on Aug 25, 2026, 10:56 PM PDT The Financial Times has unveiled the C-suite line-up for its upcoming Business of Entertainment Summit in LA in September, with games industry speakers from EA and Tencent Games joining a roster which includes executives from linear media firms including Netflix, Sony Pictures, NBCUniversal and UFC/WWE parent TKO Group. GamesIndustry.biz is a promotional partner for the event alongside our parent company IGNE Entertainment. The event is dedicated to the "forces reshaping entertainment", bringing together leaders from across the entertainment ecosystem to discuss topics including media dealmaking, franchise ecosystems, global cultural influence, live entertainment, the potential for AI in delivering fan experiences and the future of content monetisation. David Tinson, Chief Experiences office at EA, will be part of a panel on cross-medium entertainment alongside executives from Universal Entertainment and narrative production firm Madison Wells. Tian Xiao, Head of North American Partnerships at Tencent Games, will speak on a panel about the global rise of Asia's cultural exports. Keynotes include Bela Bajaria, Chief Content Officer at Netflix; Mark Shapiro, President and COO at TKO Group; Ravi Ahuja, Chairman and CEO of Sony Pictures and David Lee, CFO of Webtoon. Speakers include executives from Amazon Prime Video, the LA Dodgers, Disney and Regal Global Entertainment. Executives from firms including EA, Pokémon, Apple, Netflix, Sony Pictures and Paramount will be in attendance, along with representatives from major talent agencies including CAA, United Talent Agency and Verve Talent & Literary Agency. Tickets are available now for both digital and in-person attendance. GamesIndustry.biz readers can receive a 20% discount using the code GIB20, or by using this link.
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Industries
Company Size
1-10
Company Stage
IPO
Headquarters
Town of Pelham, New York
Founded
2023
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs