McMahon Gives His First Remarks Regarding The Creation Of TKO Group Holdings
The world of sports and entertainment has just set a new course with the creation of TKO Group Holdings. The new parent company will be in charge of encapsulating the UFC and WWE in the same conglomerate, which has been estimated to have a value of over 20 billion dollars.
The reactions to this merger between companies were immediate. One of the first names to speak about the event publicly is Vince McMahon, who today loses control over WWE after having kept his family in the company’s top leadership since the 1950s.
“This is the culmination of a multi-decade alliance between Endeavor and WWE, which has been developed through various strategies and initiatives, including talent representation and audiovisual rights,” said Vince McMahon in the press release announcing the creation. from Endeavor. “Given our collaborative, trusting relationship and Endeavor’s incredible track record of success in growing the UFC, we believe WWE is optimally positioned for future growth and success as part of TKO.”
“We still maintain the focus on delivering to our fans around the world as we take the business to the next level together with the UFC and Endeavor.” From the creation of TKO, Vince McMahon acted solely as leader of the shareholders’ table, having several authorities headed by Ari Emanuel and Mark Shapiro over him.
