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.