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TKO Group Stock Soars on Blockbuster Netflix Deal for WWE ‘Monday Night Raw’
Shares of TKO Group, parent company of WWE and UFC, popped more than 22% on news of its 10-year deal with Netflix for "Monday Night Raw."
Shares of TKO Group Holdings, the parent company of WWE and UFC, popped more than 22% on news of its 10-year deal with Netflix for “Monday Night Raw.” In addition to the multiyear deal with Netflix for WWE “Monday Night Raw,” TKO Group announced that Dwayne Johnson has joined its board. 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.
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