TKO Group Q3 Skewed By 2024 Paris Olympics; Amid Flurry Of Rights Deals, WWE Gains, UFC Dips

TKO Group saw third quarter revenue fall and profits rise, skewed by IMG’s Summer Olympic Games in Paris in 2024. UFC had a down quarter on tough comps. WWE posted gains. Revenue for the three months ended in September fell 27% to $1.12 billion, including a $492 million (or 59%) drop at IMG, the live events and hospitality business, to $337 million. UFC sales also fell, by about $30 million (or 8%) to $325 million, in part on one less numbered event year to year. Comps were tough against UFC 306, which was ...