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TKO Group Posts Record Numbers At WWE And UFC In Better-Than-Expected Q2 Report
Deadline· 2025-08-06 20:18
Group 1 - TKO Group Holdings reported a 10% increase in total revenue for Q2, reaching $1.3 billion, surpassing analysts' expectations of $1.27 billion [1] - Diluted earnings per share rose to $1.17, up from 72 cents in the same quarter last year, exceeding the analyst target of $1.09 [1] - WWE revenue increased by $99.4 million to $556.2 million, while UFC revenue grew by $21.5 million to $415.9 million [2] Group 2 - The WWE's Wrestlemania event in April set multiple records for global viewership, contributing significantly to revenue growth [2] - TKO announced a new rights deal with ESPN for 10 annual "premium live events," generating $1.6 billion, a substantial increase from the $900 million deal with NBCUniversal in 2020 [4] - TKO is increasing its 2025 revenue guidance to a range of $4.63 billion to $4.69 billion, with adjusted EBITDA projected between $1.54 billion and $1.56 billion [5]
Special report: Hulk Hogan’s impact on theatrical sports and entertainment
NBC News· 2025-07-24 18:30
Death Investigation & Initial Findings - Clearwater Police Department is conducting a death investigation into the death of Hulk Hogan, standard procedure in such cases [1][2] - Initial findings indicate no signs of foul play or suspicious activity related to the death [2][4] - The cause of death is pending determination by the medical examiner following a cardiac arrest call [5][6][7] Hulk Hogan's Impact on Professional Wrestling & Pop Culture - Hulk Hogan transformed professional wrestling from regional events into a national phenomenon, creating "Hulkamania" [8][9] - He was a pioneer in sports entertainment, bridging wrestling with mainstream entertainment like movies (Rocky 3) and reality TV [10][14][24] - Hogan's persona, including his patriotic theme ("I am a real American") and direct engagement with children, broadened wrestling's appeal [22][23] - He paved the way for wrestlers like The Rock, John Cena, and Dave Batista to transition into the broader entertainment industry [23][24] Legacy & Public Image - Hulk Hogan's legacy is complex, marked by both immense popularity and controversies, including racist comments and a sex tape scandal [12][13][14] - He faced public scrutiny and was temporarily removed from the WWE Hall of Fame, later working to make amends and being reinstated [13] - Hogan was openly supportive of President Donald Trump, even speaking at the Republican National Convention [12][26][28] - He was open about his struggles with prescription painkillers following multiple surgeries due to the physical demands of wrestling [15][18] Reactions & Remembrances - The WWE acknowledged Hulk Hogan as one of pop culture's most recognizable figures [26] - Public figures, including the Vice President, expressed their condolences and recognized Hogan as a great American icon [26]