{"id":168711,"date":"2023-11-07T17:51:09","date_gmt":"2023-11-07T23:51:09","guid":{"rendered":"https:\/\/www.pwtorch.com\/site\/?p=168711"},"modified":"2023-11-07T17:59:22","modified_gmt":"2023-11-07T23:59:22","slug":"wwe-and-ufc-parent-company-tko-releases-quarter-three-financial-report-with-breakdown-of-revenue-for-both-entertainment-brands","status":"publish","type":"post","link":"https:\/\/www.pwtorch.com\/site\/2023\/11\/07\/wwe-and-ufc-parent-company-tko-releases-quarter-three-financial-report-with-breakdown-of-revenue-for-both-entertainment-brands\/","title":{"rendered":"WWE and UFC parent company TKO releases quarter three financial report with breakdown of revenue for both entertainment brands"},"content":{"rendered":"<div id=\"pwtor-3764113340\" class=\"pwtor-before-content pwtor-entity-placement\"><hr \/><b>SPOTLIGHTED PODCAST ALERT (YOUR ARTICLE BEGINS A FEW INCHES DOWN)... <\/b>\r\n\r\n<iframe src=\"https:\/\/widget.spreaker.com\/player?show_id=3076978&theme=light&playlist=false&playlist-continuous=false&autoplay=false&live-autoplay=false&chapters-image=true&episode_image_position=right&hide-logo=false&hide-likes=false&hide-comments=false&hide-sharing=false&hide-download=true\" width=\"100%\" height=\"140px\" frameborder=\"0\"><\/iframe>\r\n<hr \/><\/div><p>The parent company of WWE and UFC, TKO, released its first quarterly investor&#8217;s report this afternoon.The report detailed third quarter financial highlights including revenue of $449.1 million in revenue (July 1, 2023-Sept. 30, 2023 for UFC and Sept. 12-Sept. 30, 2023 for WWE).<\/p>\n<p>The report broke down the revenue by company. UFC&#8217;s revenue was $397.5 million during the three month period. WWE&#8217;s revenue was $51.6 million through the 18 day period included. WWE overall in the third quarter earned $287.3 million including the time before the TKO purchase was finalized.<\/p>\n<p>The report notes that there were &#8220;Certain legal costs&#8221; of $6.3 million which it attributed to including &#8220;costs related to certain litigation matters including matters where Vincent K. McMahon has agreed to make future payments to certain counterparties personally.&#8221;<\/p>\n<p>The full investors report can be read <a href=\"https:\/\/investor.tkogrp.com\/files\/doc_financials\/2023\/q3\/TKO_3Q23-Earnings-Release_11-7-23_4pm_FINAL.pdf\">HERE<\/a>.<\/p>\n<hr \/>\n<p><strong>RECOMMENDED NEXT:<\/strong> <a href=\"https:\/\/www.pwtorch.com\/site\/2023\/11\/07\/nxt-to-become-exclusively-available-on-the-cw-network-starting-in-october-2024\/\">NXT to become exclusively available on The CW Network starting in October 2024<\/a><\/p>\n<p><strong>OR CHECK THIS OUT AT PROWRESTLING.NET:<\/strong> <a href=\"https:\/\/prowrestling.net\/site\/2023\/11\/07\/jonathan-coachman-says-he-never-wants-to-return-to-wwe-claims-a-large-xfl-check-bounced-and-he-was-not-reimbursed\/\">Jonathan Coachman says he never wants to return to WWE, claims a large XFL check bounced and he was not reimbursed<\/a><\/p>\n<div class=\"pwtor-end-article-groups pwtor-entity-placement\" id=\"pwtor-3436908658\"><div id=\"pwtor-57201099\"><div align=\"center\" data-freestar-ad=\"__336x280\" id=\"pwtorchcom_medrec_3\">\r\n  <script data-cfasync=\"false\" type=\"text\/javascript\">\r\n    freestar.config.enabled_slots.push({ placementName: \"pwtorchcom_medrec_3\", slotId: \"pwtorchcom_medrec_3\" });\r\n  <\/script>\r\n<\/div>\r\n\r\nTHANK YOU FOR VISITING<\/div><\/div>","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>The parent company of WWE and UFC, TKO, released its first quarterly investor&#8217;s report this afternoon.The report detailed third quarter financial highlights including revenue of $449.1 million in revenue (July 1, 2023-Sept. 30, 2023 for <a class=\"mh-excerpt-more\" href=\"https:\/\/www.pwtorch.com\/site\/2023\/11\/07\/wwe-and-ufc-parent-company-tko-releases-quarter-three-financial-report-with-breakdown-of-revenue-for-both-entertainment-brands\/\" title=\"WWE and UFC parent company TKO releases quarter three financial report with breakdown of revenue for both entertainment brands\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":165618,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,3],"tags":[],"class_list":["post-168711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-prowrestlingnews","category-news_wwe"],"jetpack_featured_media_url":"https:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/post\/2023\/09\/Screenshot-2023-09-12-at-2.19.51-PM.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/168711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/comments?post=168711"}],"version-history":[{"count":1,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/168711\/revisions"}],"predecessor-version":[{"id":168712,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/168711\/revisions\/168712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media\/165618"}],"wp:attachment":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media?parent=168711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/categories?post=168711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/tags?post=168711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}