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TKO Group, which owns UFC and WWE, is focused on integrating recent acquisitions and enhancing fan experiences, emphasizing the need for "super access" to athletes. Despite initial market skepticism over its $3.25bn acquisition of IMG and other assets, TKO aims to leverage these for growth, with expectations of generating $2.57bn to $2.65bn in revenue this year. As UFC prepares for crucial media rights negotiations, the company sees a long-term future with ESPN and Disney while acknowledging interest from rival broadcasters.
[Bloomberg](https://www.bloomberg.com) and [SEC]
Netflix shares are poised for their largest weekly gain since January, rising over 9% following the highly viewed boxing match between Mike Tyson and Jake Paul, which attracted 108 million viewers globally. The stock is currently up about 85% for the year, with brokerages, including BofA Global Research, raising their price targets, now set at $1,000.
The boxing match between Jake Paul and Mike Tyson at AT&T Stadium in Arlington, Texas, has set a record for the largest boxing gate outside of Las Vegas, generating $17.8 million in revenue. With over 70,000 expected attendees, this surpasses the previous record of $9 million from the 2021 Canelo Álvarez vs. Billy Joe Saunders fight. The event, airing on Netflix, will also feature a highly anticipated rematch between Katie Taylor and Amanda Serrano.
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TKO Group president emphasizes need for super access to engage fans
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