WWE President Nick Khan recently shared an update on TKO Group’s expansion plans. He discussed the company’s current focus and whether additional properties could be added to the business in the future.
During a recent interview with Sports Business Journal, Nick Khan was asked about the growth of TKO Group, which includes WWE, UFC, Zuffa Boxing, PBR, and other properties. He said, “So, look, the hyperfocus right now is on our existing businesses. So even if you look at these are all publicly released numbers. The revenue and profitability of the company, the cost synergies, the revenue synergies between WWE and UFC in particular, and now Zuffa Boxing, are phenomenal.”
He continued, “So if you want to do a sponsorship deal with one, maybe you have to do a sponsorship deal with all. And we found that that leverage in the marketplace has worked quite well as it applies to venues, television deals or content deals, and everything else.”
Khan also confirmed that TKO is not currently looking to acquire additional properties. “We’re going to stick with what we have for now and try to grow it out in the right way.”
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