TKO Group Holdings, Inc. (TKO) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that TKO Group Holdings, Inc. surfaced in its latest filing.

• Netflix agreement for WWE RAW and global content has an initial 10-year term, with an option for Netflix to extend for an additional 10 years and to opt out after the initial five years.
• Special committee of independent members of WWE's Board of Directors conducted an investigation into allegations of misconduct by Vincent McMahon.June 17, 2022
• Vince McMahon resigned from WWE.July 22, 2022
• Vince McMahon returned as Executive Chairman of WWE.January 9, 2023
• SEC settled charges against Vince McMahon.January 10, 2025
• WWE revised financial statements for 2019, 2020, 2021, and first quarter of 2021 and 2022 due to unrecorded expenses.
• Former WWE employee filed lawsuit alleging sexual assault and Trafficking Victims Protection Act claims.January 25, 2024
• TKO entered into a $2.0 billion share repurchase program.October 24, 2024
• TKO repurchased 4.6 million shares for $866.8 million.December 31, 2025
• TKO announced a quarterly dividend of $75 million.October 24, 2024
• TKO increased quarterly dividend to $150 million.September 3, 2025
• TKO issued approximately 26.54 million TKO OpCo Units and corresponding Class B common stock to Endeavor subsidiaries upon completion of the Endeavor Asset Acquisition, causing an approximate 6% reduction in other stockholders' interests.
• Endeavor entered into the Endeavor Credit Agreement with JPMorgan Chase Bank, N.A. as administrative agent.
• Term loans under the Credit Facilities mature in 2031.
• Starting in 2026, certain UFC events will be simulcast on the CBS broadcast network as part of the Paramount+ agreement.2026
• The EU-US Data Privacy Framework became effective.2023
• The European Commission adequacy decision for the UK sunsets unless extended.December 2031
• The Digital Services Act took effect with fines up to 6% of total annual worldwide turnover.February 2024
• TKO experienced a foreign exchange rate net loss of $13.7 million.December 31, 2025
• Affiliates of Silver Lake acquired 100% of Endeavor Group Holdings, Inc. stock as part of the Endeavor Take-Private.March 2025
• UK introduced international data transfer agreement and addendum.2022
• The 2020 CJEU invalidated the EU-US Privacy Shield Framework.2020
• The Inflation Reduction Act of 2022 imposes a new U.S. federal 1% excise tax on certain stock repurchases.2022
• Endeavor agreed not to acquire or invest in any competitive wrestling league or professional mixed martial arts league until the later of September 12, 2028 or six months after Endeavor ceases to beneficially own more than 20% of TKO's common stock.September 12, 2028