UFC, WWE complete merger to become TKO Group

  • 📰 The Athletic UK
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The move, under the parent company Endeavor, ends the decades-long control of WWE under the McMahon family.

On screen, don’t expect much to change within these companies. They will continue to operate on their own, though it might not be a surprise to see UFC fighters and WWE wrestlers make appearances at each other’s shows. Off screen, there are expected to be layoffs as the business sides of the companies begin to overlap in certain departments, as is common in mergers.The merger creates a live sports entertainment powerhouse.

McMahon also said the focus remains “delivering for our fans across the globe” and that the merger will take “business to the next level.” On UFC and WWE, Emanuel said he is confident in the group’s ability to “accelerate their respective growth and unlock long-term sustainable value for shareholders,” adding that “unrivaled experiences for more than a billion passionate fans worldwide” will be the outcome.Subscribe to The Athletic for in-depth coverage of your favorite players, teams, leagues and clubs. Try a week on us.covers national college football issues and the coaching carousel for The Athletic.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 123. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines