Combat sports rights platform
TKO Group Holdings, Inc.
TKO Group Holdings earns revenue from media rights, live events, sponsorships, and licensing led by UFC and WWE. It relies on studio equipment and virtual-production integration services to make its content, while also investing in sports-content distribution platforms.
TKO Updated Sep 23, 2026 3 AI consumers· 3 recurring
Per the valuechain.wiki graph, TKO Group Holdings, Inc. is directly linked to 4 companies (0 supply, 4 revenue relationships) and reaches 6 companies within two hops; the links are backed by 8 dated sources, 1 of them primary filings (as of 2026-09-23).
Financials & Segments
- Total revenue · FY2025 total revenue of $4,735,151,000
- Segments · UFC · WWE · IMG · On Location · PBR
Revenue from
- Netflix High confidence· Contract value $5B · initial 10-year term beginning 2025 · Reported total value of the WWE Raw media-rights agreement
Netflix became the exclusive distributor of WWE Raw in major territories in January 2025. TKO attributed part of its 2025 revenue growth to higher media-rights fees under this agreement.Confirms KO The Korea Economic Daily Published Nov 26, 2025: TKO Shares Surge as Global Streamers Pursue UFC and WWE Rights - Paramount Skydance Corporation High confidence· Amount 1,100,000,000 USD/year · 2026-2032 average annual value · Average annual value of the U.S. UFC media-rights agreement
Paramount will exclusively distribute all UFC numbered events and Fight Nights in the United States for seven years beginning in 2026. The agreement has an average annual value of $1.1 billion and is back-end weighted.Confirms KO The Korea Economic Daily Published Nov 26, 2025: TKO Shares Surge as Global Streamers Pursue UFC and WWE RightsConfirms EN Paramount Published Aug 11, 2025: Paramount and TKO Announce Historic UFC Media Rights Agreement - Comcast Corporation Medium confidence· Contract value $275M (est.) · 연간(2026년 갱신 입찰 기준) · Reported annual bid Peacock offered to retain WWE premium live event rights
TKO Group Holdings has provided Peacock with WWE premium live event streaming rights since 2021 and signed a new multi-year deal in August 2025 for exclusive streaming of the Saturday Night's Main Event series, though the main premium-live-event package itself moved to ESPN (Disney) starting in 2026.Confirms EN NBC Sports (NBCUniversal) Published Aug 20, 2025: Peacock and WWE Agree to Multi-Year Partnership to Exclusively Live Stream Iconic Saturday Night's Main Event SeriesMentions EN Cultaholic Published Aug 8, 2025: REVEALED: How Much Peacock Offered WWE In Attempt To Retain US PPV Rights - CJ ENM Medium confidence
CJ ENM extended its exclusive Korean UFC rights across tvN SPORTS and TVING through 2029. The contract value was not disclosed.Confirms KO Maeil Business Newspaper Published Jan 19, 2026: CJ ENM Extends Korean UFC Media Rights Agreement
Pays to
- Meptik Medium confidence
Meptik designed, installed, and integrated WWE's virtual-production stage. No supplier spend was disclosed.Confirms EN WWE Corporate Published Apr 10, 2024: WWE Launches State-of-the-Art Production Facility in Stamford, Conn. - AbelCine Medium confidence
AbelCine supplied equipment and integration services for camera and lighting design and installation at WWE's production studios. No supplier spend was disclosed.Confirms EN WWE Corporate Published Apr 10, 2024: WWE Launches State-of-the-Art Production Facility in Stamford, Conn.
Investments
- EverPass Holdco LLC High confidence· Amount $13M · 2025 · Consideration for an additional approximately 2.36% stake in EverPass
TKO invested an additional $13 million in EverPass in 2025 for an approximately 2.36% incremental stake. EverPass owns a platform that distributes live sports and entertainment to commercial venues.
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Alphabet (Google) | lead2 | +65.3 | -39.1 | +58.3 | +36 | +66 | +8.3 |
| Trade Desk (The) | lead2 | +14.4 | -51.1 | +60.5 | +63.3 | -67.7 | -68.2 |
| Netflix | lead1 | +11.4 | -51.1 | +65.1 | +83.1 | +5.2 | -16.5 |
| Comcast Corporation | lead1 | -2.2 | -28.7 | +29.1 | -11.8 | -17.3 | -22.3 |
| Paramount Skydance Corporation | lead1 | -19 | -44.1 | -12.4 | -29.3 | +28.9 | -27.2 |
| CJ ENM | lead1 | -18.4 | -12.9 | -33.2 | -25 | +39.6 | -51.7 |
| TKO Group Holdings, Inc. | node | +3.6 | +39.9 | +23.9 | +74.2 | +48.9 | -10.3 |
YTD as of 2026-09-04 · source: Yahoo Finance
TKO Group Holdings, Inc. operates across Combat sports rights platform. It is -10.3% in 2026. The stock (-10.3%) and its demand side (avg -9.2%) are moving in step. Among connected nodes the furthest ahead is Comcast Corporation (-1.9%) and the furthest behind is Netflix (-16.5%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It relies on studio equipment and virtual-production integration services to make its content, while also investing in sports-content distribution platforms.
Analysis generated from returns as of 2026-09-04← All companiesMarkdown · JSON · Customers · Suppliers · Ripple