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TKO Group Posts Better-Than-Expected Revenue In Q1, But UFC Legal Settlement Squeezes Endeavor-Run Combat Sports Outfit
TKO Group Holdings posted better-than-anticipated revenue but saw a March antitrust settlement with UFC fighters squeeze its bottom line.
The company, formed through the merger of WWE and UFC last September, is run by Endeavor Group Holdings. Endeavor recently unveiled a plan to go private, which…
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By Dade Hayes
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1 Comments Comment on TKO Group Posts Better-Than-Expected Revenue In Q1, But UFC Legal Settlement Squeezes Endeavor-Run Combat Sports Outfit
‘Road House’ Copyright Battle Becomes Bare-Knuckle Brawl As Amazon, MGM And United Artists Countersue With Claims Scribe & Lawyer Lied To Feds
The copyright battle over Road House and this year's remake starring Jake Gyllenhaal and Conor McGregor has turned into a full-on bare-knuckle legal brawl.
If R. Lance Hill, who penned the original 1986 script under the moniker David Lee Henry, thought in his February filing that he was going to bop…
Ari Emanuel Saw $65 Million Pay Package Last Year As CEO Of TKO Group
Ari Emanuel, CEO of TKO Group as well as the soon-to-be-private Endeavor, saw a pay package valued at $64.9 million in 2023 as CE0 of TKO Group, the home of WWE and UFC. TKO is a relatively new company that started trading on the New York Stock Exchange last September.
Emanuel’s compensation included…
Endeavor-Run TKO Group Pays $335 Million To Settle Antitrust Suit By UFC Fighters
TKO Group Holdings, the Endeavor-run parent of the UFC, has agreed to pay $335 million to settle a lawsuit filed nearly a decade ago by fighters in the mixed-martial-arts organization.
The settlement comes weeks before a trial was scheduled to start, with potential damages reaching up to $1.6…
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By Dade Hayes
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Marquel Martin’s 3Point0 Labs Acquires Thirty Three Media, Digital Agency Of Former UFC Social Media Director Randy Faehnrich
EXCLUSIVE: LA management house 3Point0 Labs has acquired digital content agency Thirty Three Media.
Financial terms of the deal weren’t disclosed, but this marks a second recent investment for Marquel Martin’s 3Point0 Labs, following the launch of its talent and literary division earlier this…
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Vince McMahon “Is Not Coming Back To The Company”, TKO And Endeavor Exec Mark Shapiro Affirms After Former WWE Boss Sells Another $412M In Stock
Vince McMahon, the ex-WWE impresario who abruptly left parent TKO Group Holdings’ board in the wake of a graphic sexual abuse lawsuit “is not coming back to the company,” TKO President Mark Shapiro affirmed Wednesday.
Speaking at a conference in San Francisco hosted by Wall Street firm Morgan…
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By Dade Hayes
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Endeavor Declines To Take Questions From Wall Street On Earnings Call As It Evaluates Strategic Alternatives – Will Update “When There Is More Information To Share”
UPDATED with call: Endeavor opted not to take questions on a call with analysts after quarterly earnings today, citing a strategic review process announced last fall.
CEO Ari Emanuel said the process is ongoing to "maximize value for our shareholders" and the company “will provide an update when…
Endeavor-Run TKO Group Posts Revenue Of $614M In Its First Full Quarter
Endeavor-controlled ring sports giant TKO Group Holdings reported $614 million in total revenue in the fourth quarter, along with a slight dip in UFC profits.
It was the first batch of full quarterly operating results for the WWE and UFC parent company and followed a burst of news in January. Within…
UFC President Dana White Shares Thoughts On The Media & 20-Year Relationship With Donald Trump
Dana White has come under fire for several controversies over the years. The most recent backlash was for defending UFC fighter Sean Strickland’s “freedom of speech” in anti-LGBTQ+ comments.
While appearing on The Pat McAfee Show, the titular host asked White about the controversy as he has also…
Vince McMahon Resigns From Endeavor-Owned Sports Group After Horrific Rape & Sex Trafficking Claims
EXCLUSIVE: Slammed by allegations of rape, defecation, sex trafficking and more, Vince McMahon is out at WWE and UFC parent company TKO Group Holdings.
“I stand by my prior statement that Ms. Grant's lawsuit is replete with lies, obscene made-up instances that never occurred, and is a vindictive…
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‘Ghosts’ Producer Developing TV Version Of Podcast About Prolific British Con Woman; Paddy & Molly Doc; Melbourne Film Fest Hire; Fremantle Promotion – Global Briefs
‘Ghosts’ Producer Developing TV Version Of Podcast About Prolific British Con Woman
Ghosts producer Monumental Television is developing a TV version of a Global podcast about one of the most prolific fraudsters in British history. The indie has secured rights to Filthy Ritual, which is about Juliette…
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By Max Goldbart, Zac Ntim
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Xumo & Euro Nets Land ‘Silverback’ Doc; Social Horror ‘High Score’ Lands Distribution; UFC & WWE Unite — Global Briefs
Xumo & Euro Nets Cling To 'Silverback'
Streaming service Xumo and a trio of European public broadcasters – ORF in Austria, UR in Sweden, and YLE in Finland – have bought the upcoming feature doc Silverback from Off the Fence. The doc, about Congo's critically endangered eastern lowland gorillas and…
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