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Endeavor-Owned TKO Posts 29% Rise In Revenue In Q2
Endeavor-owned TKO Group Holdings, the company formed from the merger of the UFC and the WWE, reported a 29% rise in revenue in the second quarter.
Endeavor-owned TKO Group Holdings, the company formed from the merger last year of the UFC and the WWE, reported a 29% rise in revenue in the second quarter. On the downside for TKO, a judge last month nixed a $335 million settlement it had reached with UFC fighters in a class-action lawsuit, setting a trial date. The strength in our underlying business continues to give us great conviction in TKO’s ability to deliver sustainable long-term value for shareholders.”
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