$TKO

A newly filed court document, via Bloomberg Law, discloses the WWE shareholder lawsuit settlement tied to WWE’s 2023 merger with UFC under TKO Group Holdings. The total settlement is $147.5 million, with $42.5 million attributed to Vince McMahon and insurers and $105 million to WWE/TKO. The case involved alleged directed sale process and Signal evidence spoliation rulings; finalization is delayed by indemnification disputes.

A new court filing details the settlement in a WWE shareholder lawsuit tied to Vince McMahon and executives. Bloomberg Law reports McMahon and insurers will pay $42.5M, while TKO contributes $105M of a $147.5M total, with TKO expected to recover $75M via insurance. The case settled before trial; settlement not finalized due to indemnification disputes.

State Street Corporation reported beneficial ownership of 4,637,561 shares of TKO Group Holdings Inc. common stock, or 6.2% of the class, in an SEC filing. The shares are held through State Street-affiliated entities and carry shared voting and dispositive power, with no sole voting or dispositive power.

According to PWInsider and the Wrestling Observer Newsletter, Patrick Dooley, WWE’s Senior VP of Global Strategy and Creative Operations, was fired in late July amid budget cuts. The decision was reportedly made by top TKO Group Holdings officials rather than WWE leadership. TKO reported WWE Q2 2026 revenue of $620.9 million, up $64.7 million year over year.

TKO Group Holdings, parent of UFC, said in its Q2 2026 earnings call that the UFC Freedom 250 White House event on President Trump’s birthday ran at a $30 million operating loss due to higher-than-normal costs and foregone ticket revenue. TKO reported UFC adjusted EBITDA margin fell to 52% from 59% year over year, though it cited partner and media benefits. TKO posted $1.55 billion quarterly revenue and $303 million net income.

TKO Group Holdings reported Q2 2026 results on Aug 3, with revenue of $1.547B versus $1.308B a year earlier and diluted EPS from continuing ops of $1.34 versus $1.17. For full-year 2026, management raised revenue guidance to $5.775B-$5.825B. The company also repurchased 2.05M shares for $397.8M (2.74%) from Apr 1 to Jul 22.

TKO Group said the UFC lost about $30 million from the UFC Freedom 250 White House event on June 14, citing higher-than-normal operating costs and zero public ticket revenue. The event drew 8.2 million average U.S. and Latin America viewers on Paramount+ and 34 million globally. TKO also raised full-year 2026 revenue guidance by $75 million to $5.775-$5.825 billion.

Simply Wall St reports TKO Group Holdings shares were up about 0.3% after its latest results. Q2 revenue rose to US$1.547b from US$1.308b, and net income excluding one-offs was US$101.6m. Adjusted EBITDA margin improved to 42%, with trailing P/E near 59x, after shares fell over the prior month.

According to The Hill, TKO Group Holdings said on an earnings call that its UFC “Freedom 250” event on June 14, attended by President Donald Trump and UFC CEO Dana White, drove higher-than-normal costs. CFO Andrew Schleimer cited about $60M in production costs and no live ticket gate. Live events and hospitality revenue fell to $47.8M from $58.5M; adjusted EBITDA margin fell to 52% from 59%.

According to TKO Group Holdings, UFC’s White House “Freedom 250” event on June 14 cost UFC owners about $30 million due to higher-than-normal costs, partially offset by sold-out partnerships. The event drew about 4,300 attendees and averaged 34 million viewers on Paramount+. TKO also reported UFC revenue up 29% year over year to $535.7 million in Q2 2026.