Get the latest gossip
WWE Revenue Dip Amid ‘Raw’ Shift To Netflix Squeezes Endeavor-Run TKO’s Q4 Results, But Numbers Still Top Wall Street Forecasts
TKO Group Holdings delivered fourth-quarter results that topped Wall Street expectations despite a revenue dip at WWE related to flagship program 'Raw.'
The Monday night mainstay wrapped its decades-long run on cable TV last December on USA Network and opened a new era in January, kicking off a $5 billion rights deal with Netflix. The earnings release noted the announcement last September of a settlement for $375 million with UFC fighters, who had filed a class-action lawsuit alleging they had been underpaid. CEO Ari Emanuel said the quarterly results reflect “the strength of our IP, the dynamic audiences we serve, and the industry-best team of people we’ve assembled.” In 2025, he added, “we will be focused on securing long-term U.S. domestic media rights agreements for UFC as well as WWE’s Premium Live Events; integrating IMG, On Location and Professional Bull Riders into our portfolio; creating even more compelling live events; and executing our robust capital return program for shareholders.”
Or read this on Deadline
