{
Luis Silberwasser

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}
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TKO Group acquires sports businesses as NBA media rights deal unfolds

TKO Group, which owns WWE and UFC, is acquiring three sports-related businesses from Endeavor Group for $3.25 billion, increasing Endeavor's stake in TKO to 59%. The deal includes Professional Bull Riders, On Location, and IMG, enhancing TKO's sports ecosystem.In an exclusive interview, NBA Commissioner Adam Silver expressed frustration over failing to reach a deal with Warner Bros. Discovery during negotiations, leading to a new media rights agreement with Disney, NBCUniversal, and Amazon. The ongoing legal dispute centers on Warner Bros. Discovery's claim to matching rights for NBA games.
CNBC
Warner Bros. Discovery, Inc. WWE TKO Group Holdings, Inc. Union Financial Corporation Endeavor Group Holdings, Inc. USA Luis Silberwasser David Zaslav Adam Silver Ari Emanuel Show more
Finance & Economy, Transcript
17:06 24.10.2024
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