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Speaking on the Bill Simmons podcast WWE President Nick Khan gave insight into what the future might look like for both the WWE AND UFC brands- with a suggestion of “all-star TKO weekends” essentially a mega event to provide the new company the chance to reduce costs and drive revenue. Will this Cross-promotion lead to longevity in fight sport life?
When and if an individual is finished with UFC could WWE be a prospect?
Or vice versa?
As for the rights talks,
President and COO of both Endeavor and TKO Mark Shapiro says conversations have already begun relating to WWE Raw and Smackdown rights, which are coming up for renewal with NBCUniversal and Fox next year.
“We’re having very encouraging conversations with several players and platforms at the moment on WWE Raw and Smackdown,” Shapiro says.
“We’re cautiously optimistic. We’re, in many ways, being valued as a unicorn because we’re year-round.

WWE is a full-calendar sports and entertainment platform with significant engagement, strong reach and attractive demos. And that bodes well for these conversations, and I believe that we’ll have results that are in line with market expectations.”

SO major changes for WWE- and it won't stop here
Trips was recently Sitting next to Amazon founder Jeff Bezos at a new York Fashion Week show
And rumors are Amazon and Disney /FX are actually interested in acquiring SMACKDOWN Rights!


Guaranteed Value added for a streaming brand ,As the demand for fresh content only continues
Monday Night Raw has been a constant force on of the main reasons Comcast’s USA Network remains amongst the most-watched channels on cable. Raw has averaged around 1.8 million viewers this year. And Smackdown
Year to date, around 2.2 million viewers per episode.

Endeavor remains separately traded but will also hold a 51% controlling interest in TKO Group, with WWE shareholders getting 49%. Ari Emanuel, CEO of Endeavor, will also serve as CEO of TKO Group.
Shares of TKO started trading at $102 and rose to around $103.20 in late trading on Tuesday of last week. That gives the company a valuation of roughly $21 billion dollars.




What are your thoughts on all the changes? Let us know in the comments below Like Share Subscribe and stay tuned for more news as it breaks.

Bill Simmons Podcast-Subscribe for more
https://podcasts.apple.com/gb/podcast/the-bill-simmons-podcast/id1043699613




https://www.hollywoodreporter.com/business/business-news/ufc-wwe-merger-close-tko-endeavor-1235579789/

https://variety.com/2023/tv/news/wwe-ufc-deal-closes-tko-group-1235719908/


https://www.espn.com/mma/story/_/id/38386430/ufc-wwe-officially-combine-tko-umbrella


#wwe #tko #trending