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Endeavor chief executive officer (CEO) Ari Emanuel is the CEO of TKO and Mark Shapiro serves as president and chief operating officer. Nick Khan became the president of WWE post-merger and Dana White has since served as CEO of the UFC. [13] [14] As of 2024 the UFC and WWE are the two most valuable combat sports promotions according to Forbes.
Endeavor Group Holdings, Inc. (formerly William Morris Endeavor and WME-IMG) is an American holding company for talent and media agencies with its primary offices in Beverly Hills, California. [2] [3] The company was founded in April 2009 after the merger of the William Morris Agency and Endeavor Talent Agency.
On April 3, 2023; WWE and Endeavor reached a deal under which WWE would merge with UFC's parent company Endeavor to form a new company, which would go public on the New York Stock Exchange (NYSE) under the symbol "TKO". Endeavor will hold a 51% stake in "TKO", with WWE's shareholders having a 49% stake, [141] valuing WWE at $9.1 billion.
The UFC-WWE transaction is poised to create a waterfall of benefits for Endeavor. Endeavor and WWE will both contribute $75 million in equity to set up the new company with $150 million in cash on ...
The WWE, which has been exploring a potential sale over the past few months, is in the process of being acquired by UFC parent Endeavor Group Holdings. Word circulated Sunday that a deal for a ...
WWE and Endeavor announced Monday that the two public companies would combine in a deal valuing both companies at more than $21 billion. WWE is being valued at $9.3 billion, a more than 33% ...
WWE and Endeavor announced Monday that the two public companies would combine in a deal valuing both companies at more than $21 billion. WWE is being valued at $9.3 billion, a more than 33% ...
In April 2023, Endeavor and WWE announced a merger to form TKO Group Holdings, a new public company majority-owned by Endeavor, with McMahon serving as executive chairman of the new entity, and Nick Khan becoming president of the WWE while Dana White maintaining his position as president of the UFC. The merger was completed on September 12, 2023.