NEW YORK, Oct. 31, 2024 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that it is investigating TKO Group Holdings, Inc. (NYSE: TKO) ("TKO" or the "Company"), its Board of Directors, and their controlling stockholder, for potential breaches of fiduciary duty.PLEASE CLICK HERE TO PROVIDE YOUR CONTACT INFORMATION  TKO is controlled by Endeavor Group Holdings, Inc. ("Endeavor"), through its ownership of 53.6% o ...

NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into TKO Group Holdings, Inc. (NYSE: TKO), the board of directors, and the controlling stockholder for potential breaches of fiduciary duty. If you are a holder of TKO Group Holdings, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/tko-group-holdings-inc. Investigation Details: TKO is controlled by Endeavor Group Holdings, I ...

NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into TKO Group Holdings, Inc. (NYSE: TKO), the board of directors, and the controlling stockholder for potential breaches of fiduciary duty. If you are a holder of TKO Group Holdings, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/tko-group-holdings-inc. Investigation Details: TKO is controlled by Endeavor Group Holdings, I ...

NEW YORK, Oct. 27, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into TKO Group Holdings, Inc. (NYSE: TKO), the board of directors, and the controlling stockholder for potential breaches of fiduciary duty. If you are a holder of TKO Group Holdings, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/tko-group-holdings-inc. Investigation Details: TKO is controlled by Endeavor Group Holdings, I ...

NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into TKO Group Holdings, Inc. (NYSE: TKO), the board of directors, and the controlling stockholder for potential breaches of fiduciary duty. If you are a holder of TKO Group Holdings, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/tko-group-holdings-inc. Investigation Details: TKO is controlled by Endeavor Group Holdings, I ...

Acquisition and Strategic Expansion - TKO Group, owner of WWE and UFC, is acquiring three businesses—Professional Bull Riders (PBR), On Location, and IMG—for $3.25 billion in an all-stock deal from Endeavor Group [1] - The acquisition increases Endeavor's ownership in TKO from 53% to 59% [1] - The deal broadens TKO's focus beyond league operations, adding luxury hospitality (On Location) and media rights consultancy (IMG) to its portfolio [1] - PBR, the world's largest bull riding league, hosts over 200 events annually, attracting more than 1 million fans [2] Business Details and Leadership - On Location provides luxury hospitality for major sporting events such as the Super Bowl, Ryder Cup, March Madness, FIFA World Cup, and Olympics [3] - IMG specializes in packaging and selling media rights and brand partnerships, offering strategic consultancy for major TV deals involving the NFL, English Premier League, NHL, MLS, UFC, WWE, and PBR [3] - The acquisition excludes IMG's licensing, modeling, tennis representation, and full events portfolio [3] - Sean Gleason, PBR CEO and Commissioner, will continue to lead the organization post-acquisition [2] Financial Initiatives - TKO announced an annual dividend of $300 million and authorized a share buyback program of up to $2 billion for its Class A common stock [3] Strategic Vision - TKO aims to strengthen its sports ecosystem by focusing on league ownership, ticket sales, hospitality, consumer products, and media rights expertise [2] - The acquisition aligns with TKO's strategy to diversify its revenue streams and enhance its presence in the sports and entertainment industry [1][2]

I am positive on TKO Group Holdings (NYSE: TKO ). My summarized thesis is that the demand tailwind for live events is here to stay, and through the ownership of WWE and UFC, TKO is well-positioned to capture demand. The upcoming UFC renewal I'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in ...

The WEKA Data Platform Will Power the First Live Sporting Event at Sphere, Honoring the Contributions of Mexican Fighters to Combat Sports in Celebration of Mexican Independence Day CAMPBELL, Calif., Sept. 13, 2024 /PRNewswire/ -- WekaIO Inc. (WEKA), the data platform company for AI, announced today that it is partnering with UFC®, the world's premier mixed martial arts (MMA) organization, to provide the underlying data management and infrastructure supporting its UFC 306 AT RIYADH SEASON NOCHE UFC live bro ...

Out of all the companies available on the market, TKO Group Holdings Inc. (TKO, Financial) can be considered a truly unique and thrilling stock. To those unfamiliar with the company, it was born out of a merger between Endeavor-owned (EDR, Financial) UFC and WWE. Together, this combined force has access to over 1 billion households through television in around 170 countries and is responsible for over 350 live events per year. WWE, or World Wrestling Entertainment, is a leading media and entertainment organ ...

TKO Group Holdings, Inc. (NYSE:TKO) Q2 2024 Earnings Call Transcript August 8, 2024 8:00 AM ET Company Participants Seth Zaslow - Head of Investor Relations Ariel Emanuel - Executive Chair and Chief Executive Officer Andrew Schleimer - Chief Financial Officer Mark Shapiro - President and Chief Operating Officer Conference Call Participants Brandon Ross - LightShed Partners Ben Swinburne - Morgan Stanley David Karnovsky - JP Morgan Ryan Gravett - UBS Stephen Laszczyk - Goldman Sachs Peter Supino - Wolfe Rese ...