TKO Stock Hits All-Time High

- TKO Group Holdings was formed on September 12, 2023, through a merger of WWE and UFC's parent company, Zuffa, LLC. The deal valued WWE at $9.3 billion and marked the first time the company was not under the majority control of the McMahon family. - Endeavor Group Holdings holds a 51% controlling stake in TKO, with former WWE shareholders retaining a 49% interest. Key leadership includes Endeavor's Ari Emanuel as CEO and Mark Shapiro as President and COO. - In its fourth-quarter 2025 results, TKO reported revenue of $1.038 billion, an increase of 12% year-over-year. The company announced full-year 2025 revenue of $4.735 billion and is targeting revenue between $5.675 billion and $5.775 billion for 2026. - WWE, a key division of TKO, saw its fourth-quarter revenue increase by 21% to $359.6 million, driven by media rights and production. - A significant recent development for the company is WWE's flagship program, "Monday Night Raw," moving to Netflix in January 2025. The premiere episode saw a 116% increase in U.S. viewership compared to its 2024 average on traditional cable. - Following the resignation of Vince McMahon in January 2024, Dwayne "The Rock" Johnson was appointed to the TKO Board of Directors. - The company has been actively expanding, recently completing the acquisition of IMG, the experiential hospitality business On Location, and Professional Bull Riders (PBR).