With Deals on Horizon, TKO Bets That Profitable 2024 Will Lead to a Blockbuster 2025

On Wednesday afternoon, TKO announced its Q4 earnings, showcasing a total revenue of $642.2 million, net income of $47.5 million, and an adjusted EBITDA of $238.1 million. The growth at UFC significantly outweighed the decrease observed at WWE, which was primarily due to the transition in media rights (more details on this below). Specifically, UFC reported a revenue of $343.9 million, marking a 22% increase, while WWE’s revenue stood at $298.3 million, representing a 10% decrease.

Paramount Posts $286M Quarterly Streaming Loss

Paramount Corporation has previously announced that their streaming business is expected to report a loss during the final quarter of this year, despite predictions that their Paramount+ platform will turn a profit domestically by 2025. In terms of their direct-to-consumer division, which encompasses Pluto TV and BET+, Paramount recorded an adjusted Operating Income Before Depreciation, Amortization, and Taxes (OIBDA) loss of $286 million in the most recent financial quarter. This is a significant improvement compared to the same period last year, where the adjusted OIBDA loss was $490 million.

Vote Now: Who Made the Most Impressive Bollywood Comeback?

In a surprising twist, Bobby Deol made a remarkable appearance in Sandeep Reddy Vanga’s 2023 movie, Animal. His portrayal of the villainous character Abrar Haque in this action-thriller not only captivated the audience but also earned him popularity and critical recognition. With stars like Ranbir Kapoor, Anil Kapoor, Rashmika Mandanna, Triptii Dimri, and others on board, the movie was a huge success. We eagerly anticipate that Deol’s character will reappear in the potential sequel, Animal Park.

Donna Lynne Champlin on Law & Order: SVU

The former star of “Crazy Ex-Girlfriend” appears in an episode titled “The Grid Plan.” In this episode, she portrays a tourist who becomes embroiled in an investigation after being attacked in Times Square. To discover the outcome, viewers will need to tune in. Meanwhile, the Broadway performer and upcoming guest star expressed her enthusiasm about receiving the script, sharing with me: