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The longtime wrestling executive's exit follows a lawsuit by a former employee alleging sexual abuse
NEW YORK--(BUSINESS WIRE)--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. ET / 2 p.m. PT the same day. 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 teleconfe.
TKO Group announced a new 10-year agreement for Netflix to become the home of WWE content starting in 2025. The parent company of WWE and UFC also appointed Dwayne "The Rock" Johnson to its board.
Netflix (NFLX) has announced a landmark 10-year deal with the TKO Group (TKO) — the parent company of UFC and the WWE — to add WWE's "Raw" to its live sports streaming ventures starting in 2025. #youtube #NETFLIX #yahoofinance About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
Netflix (NFLX) will be adding the WWE's flagship show Raw to its portfolio of live sports streaming events in 2025. This $5 billion deal is with TKO Group Holdings (TKO), the parent company of WWE.
TKO's flagship program, "Raw," will begin streaming on Netflix in 2025. The 10-year deal is valued at $5 billion and will include rights to all other WWE shows for broadcast outside the U.S.
Shares in Endeavor-controlled TKO Group Holdings shot up at the opening bell and were up 15% at mid-day on the news of Netflix acquiring rights to the Raw franchise and other WWE programming. The stock initially posted a 22% gain before the euphoria eased a bit, to plus-13%.
Dwayne Johnson on joining TKO board: I'm sitting at a board that my grandfather and dad helped build
TKO CEO Ari Emanuel and Dwayne ‘The Rock' Johnson, actor, producer, entrepreneur and newly appointed TKO board director, join 'Squawk on the Street' to discuss the company's 10-year deal with Netflix to stream WWE's flagship program “Raw” starting next year, news of Dwayne Johnson joining the TKO board, Johnson on the XFL-USFL merger, tequila sales, and more.
TKO CEO Ari Emanuel and Dwayne ‘The Rock' Johnson, actor, producer, entrepreneur and newly appointed TKO board director, join 'Squawk on the Street' to discuss the company's 10-year deal with Netflix to stream WWE's flagship program “Raw” starting next year, news of Dwayne Johnson joining the TKO board, Johnson on the XFL-USFL merger, tequila sales, and more.
Shares of TKO Group Holdings Inc. soared toward a record gain Tuesday, after the parent of World Wrestling Entertainment and Ultimate Fighting Championship announced a deal with Netflix Inc. in which WWE's “Raw” program will be shown exclusively on the streaming service.