TKO | Jotup

WrestleMania XL Becomes Most Successful Event in WWE History

Retrieved on:

Tuesday, April 9, 2024

WWE®, part of TKO Group Holdings (NYSE: TKO), today announced that WrestleMania XL became the most successful and highest-grossing event in company history.

Key Points:

WWE®, part of TKO Group Holdings (NYSE: TKO), today announced that WrestleMania XL became the most successful and highest-grossing event in company history.
GATE: WrestleMania XL broke the previous record set by WrestleMania 39 by 78 percent, with 145,298 in attendance at Lincoln Financial Field over two nights.
FAN EVENT: WWE World at WrestleMania, in partnership with Fanatics Events, is now the highest-grossing and most-attended fan event in company history.
SOCIAL: WrestleMania XL became the most socially viewed WrestleMania of all time, with over 660 million views consumed over the two days.

Silver Lake to Take Endeavor Private

Retrieved on:

Tuesday, April 2, 2024

Silver Lake believes that when consolidating all of TKO’s value into Endeavor, the combined total enterprise value of $25 billion will make this the largest private equity sponsor public-to-private investment transaction in over a decade, and the largest ever in the media and entertainment sector.

Key Points:

Silver Lake believes that when consolidating all of TKO’s value into Endeavor, the combined total enterprise value of $25 billion will make this the largest private equity sponsor public-to-private investment transaction in over a decade, and the largest ever in the media and entertainment sector.
On the unaffected date, the equity value was $8.2 billion, and the premium to be paid by Silver Lake represents $4.6 billion more equity value to all Endeavor stockholders.
Ariel Emanuel, CEO of Endeavor, said: "Since 2012, Endeavor’s strategic partnership with Silver Lake and Egon Durban have been central to our evolution into the global sports and entertainment leader we are today.
Egon, Stephen, and the broader Silver Lake team have been and will continue to be phenomenal partners in Endeavor’s journey, and we look forward to the road ahead.”
Stephen Evans, Managing Director of Silver Lake and a Director of Endeavor, said: “The team at Silver Lake is proud of our longstanding partnership with Endeavor, marked by more than $3.5 billion of direct investment across six distinct transactions over 12 years.

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

Retrieved on:

Thursday, February 29, 2024

Entertainment, Sports, Other Entertainment, Other Sports, Wrestling, Martial Arts, TKO, Conference

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.

Endeavor Releases Fourth Quarter and Full Year 2023 Results

Retrieved on:

Wednesday, February 28, 2024

“2023 was a transformational year for Endeavor as we strengthened our positions in sports and entertainment through many of our industry-leading assets,” said Ariel Emanuel, CEO, Endeavor.

Key Points:

“2023 was a transformational year for Endeavor as we strengthened our positions in sports and entertainment through many of our industry-leading assets,” said Ariel Emanuel, CEO, Endeavor.
At December 31, 2023, cash and cash equivalents totaled $1.167 billion, compared to $1.338 billion at September 30, 2023.
Total debt was $5.028 billion at December 31, 2023, compared to $5.046 billion at September 30, 2023.
Endeavor will host an audio webcast to discuss its results and provide a business update at 5 a.m. PT / 8 a.m.

TrukOptiks Launches Innovative App

Retrieved on:

Tuesday, February 6, 2024

TrukOptiks, Inc. proudly announces the release of TrukOptiks (TKO), a web and mobile application poised to transform trucking by prioritizing transparency, efficiency, and recognition for both drivers and shippers.

Key Points:

TrukOptiks, Inc. proudly announces the release of TrukOptiks (TKO), a web and mobile application poised to transform trucking by prioritizing transparency, efficiency, and recognition for both drivers and shippers.
"TrukOptiks represents a paradigm shift, placing a well-deserved spotlight on drivers while providing shippers with the transparency and efficiency they require."
TrukOptiks offers benefits to both truck drivers and the shippers they serve, including transparency, enhanced communications, and streamlined operations.
All documentation associated with a load can be tracked in the app, as well as exported or emailed directly from the app.

UFC and Fanatics Collectibles Announce Exclusive Trading Card Deal, With Topps Chrome UFC to Hit Retail Feb. 28

Retrieved on:

Wednesday, January 31, 2024

Retail, Specialty, Martial Arts, Sports, Partnership, Multimedia, UFC, Senior, IMG, Tale, AKA, TKO, Topps, Athlete, Name, Commerce, Fanaticism, Supergiant, MMA, Sport

Today, UFC, the world’s premier mixed martial arts organization and part of TKO Group Holdings (NYSE: TKO), and Fanatics Collectibles announced an exclusive multi-year trading card partnership that sees Topps make an exciting return to the sport.

Key Points:

Today, UFC, the world’s premier mixed martial arts organization and part of TKO Group Holdings (NYSE: TKO), and Fanatics Collectibles announced an exclusive multi-year trading card partnership that sees Topps make an exciting return to the sport.
View the full release here: https://www.businesswire.com/news/home/20240131933028/en/
Topps was a UFC partner from 2009-2020, creating UFC’s first-ever trading cards.
The highly anticipated new product will be 2024 Topps Chrome UFC, which hits retail and hobby shops on Feb. 28.
This deal builds on an existing e-commerce and live-event partnership between UFC and Fanatics Commerce.

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.