Endeavor has drop-kicked a newly created sports entity that is built for the future of both television and fandom. As of Sept.
12, that new entity has started trading on the NYSE under the feisty ticker symbol TKO. “We sit at the epicenter of large and fast-growing markets,” Endeavor president Mark Shapiro promises. “We live in the world of the super fan.” TKO Group Holdings was birthed as a public company this month with the completion of Endeavor’s acquisition of WWE, the long-dominant pro wrestling company owned and operated for 70 years by the McMahon family.
Endeavor leaped at the chance to acquire the sui generis WWE franchise because it’s a natural companion business for UFC, the world’s most popular mixed martial arts league, which Endeavor bought for $4.1 billion in 2016.
At the time, the industry snickered that Endeavor CEO Ari Emanuel overpaid for UFC in his zeal to expand Endeavor beyond its roots as a talent agency into a full-blown media company.
Read more on variety.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.