UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 7.01 | Regulation FD Disclosure. |
On August 11, 2025, TKO Group Holdings, Inc. (the “Company”) issued a press release announcing a new media rights agreement with Paramount, a Skydance Corporation (“Paramount”), to distribute UFC events in the U.S. as further described in Item 8.01 of this Current Report on Form 8-K. The full text of the press release is furnished hereto as Exhibit 99.1 and incorporated herein by reference.
The information in this Current Report on Form 8-K (including Exhibit 99.1 hereto) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
| Item 8.01 | Other Events. |
On August 11, 2025, the Company announced a new media rights agreement (the “Agreement”) with Paramount with a seven-year term and an average annual value (“AAV”) of $1.1 billion, through which Paramount will become the exclusive home of all UFC events in the U.S. beginning in 2026. Pursuant to the Agreement, UFC’s full slate of marquee numbered events and Fight Nights will be distributed via Paramount’s direct-to-consumer streaming platform, Paramount+, with select events to be simulcast on CBS, Paramount’s broadcast network. The Agreement’s payment schedule is weighted more toward the back end of the deal. We expect our revenue recognition to be consistent with our other large, media rights contracts and in line with the sports media rights industry standard of being similar each year with single digit percent annual escalators.
| Item 9.01 | Financial Statements and Exhibits. |
| Exhibit |
Description | |
| 99.1 | Press Release, dated August 11, 2025. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TKO GROUP HOLDINGS, INC. | ||||||
| Date: August 11, 2025 | By: | /s/ Andrew Schleimer | ||||
| Name: | Andrew Schleimer | |||||
| Title: | Chief Financial Officer | |||||