TKO Group, a publicly owned company headquartered in the United States, is a subsidiary of WME Group and holds subsidiaries including IMG, Lucha Libre AAA Worldwide, Ultimate Fighting Championship (UFC), and World Wrestling Entertainment. Founded in 2023, the company employs approximately 180 individuals and reported $4.7 billion in revenue as of 2025. As an entertainment provider, TKO Group functions as a sports and entertainment entity, comprising UFC, a mixed martial arts organization, and WWE. It was established by Endeavor Group Holdings following a merger between World Wrestling Entertainment (WWE) and Zuffa, the parent company of the Ultimate Fighting Championship (UFC).
TKO Group's ownership is not anticipated to change hands anytime soon, following the company's formation from the merger of WWE and UFC after WWE's sale to Endeavor. On October 1, 2026, CEO Ari Emanuel declared that TKO will never be sold, addressing ongoing speculation about the combat sports empire's future. Emanuel made these claims during media appearances for his new book, "Roll The Calls," including a segment on "The Town" podcast where he was asked to name an ideal buyer for the company. This follows the 2023 deal orchestrated by Vince McMahon, which involved the sale of WWE to Endeavor and its subsequent merger with Zuffa, UFC’s parent company, to establish TKO Group Holdings.
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