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Endeavor chief executive officer (CEO) Ari Emanuel is the CEO of TKO and Mark Shapiro serves as president and chief operating officer. Nick Khan became the president of WWE post-merger and Dana White has since served as CEO of the UFC. [13] [14] As of 2024 the UFC and WWE are the two most valuable combat sports promotions according to Forbes.
In April 2023, Endeavor and WWE announced a merger to form TKO Group Holdings, a new public company majority-owned by Endeavor, with McMahon serving as executive chairman of the new entity, and Nick Khan becoming president of the WWE while Dana White maintaining his position as president of the UFC. The merger was completed on September 12, 2023.
It bought out the remaining shareholders in 2021 to become 100% owners. On the Endeavor earnings call Feb. 28, Emanuel said revenue in its owned sports division was $301.4 million, up 9% year over ...
On April 3, 2023; WWE and Endeavor reached a deal under which WWE would merge with UFC's parent company Endeavor to form a new company, which would go public on the New York Stock Exchange (NYSE) under the symbol "TKO". Endeavor will hold a 51% stake in "TKO", with WWE's shareholders having a 49% stake, [141] valuing WWE at $9.1 billion.
WWE has been purchased by Ari Emanuel's Endeavor Group, the parent company of mixed martial arts promotion UFC, for a reported $9.3 billion.
What Will Endeavor's WWE-UFC Deal Mean for Fans? Endeavor's Asylum Entertainment Group Adds Ben Bitonti and Eric Hoberman to Executive Team (EXCLUSIVE) ... which Endeavor bought for $4.1 billion ...
On April 3, 2023; WWE and Endeavor reached a deal under which WWE would merge with UFC's parent company Endeavor to form a new company, which would go public on the New York Stock Exchange (NYSE) under the symbol "TKO". Endeavor will hold a 51% stake in "TKO", with WWE's shareholders having a 49% stake, [189] valuing WWE at $9.1 billion.
As of Tuesday, WWE and Endeavor’s UFC have officially been merged into one company now known as TKO Group Holdings. The change brings the premier names in sports entertainment and mixed martial ...