Who owns WWE now?
The TKO Group Holdings acquisition of WWE marks a significant turning point in the organization’s history. Endeavor, a global sports and entertainment company, is now the majority owner of WWE. This means Endeavor now controls a large stake in the organization and has a significant influence on WWE’s future. Endeavor already has a strong presence in the sports and entertainment industries, and the acquisition of WWE further solidifies their position as a leading player in the field.
While the acquisition of WWE by TKO Group Holdings may seem like a recent event, it was actually the result of a series of strategic moves that spanned several years. In 2019, Endeavor acquired UFC, a mixed martial arts promotion. This move signaled Endeavor’s ambitions to expand its reach in the world of combat sports and entertainment. In the years since, Endeavor has been actively seeking ways to leverage its ownership of UFC and its position as a leading sports and entertainment company to acquire more assets in the industry. WWE became a natural target, as it is a major player in the world of professional wrestling.
The acquisition of WWE by TKO Group Holdings is a testament to Endeavor’s commitment to building a comprehensive portfolio of sports and entertainment assets. This move also highlights the growing convergence of professional wrestling and other forms of sports and entertainment. As the lines between these industries continue to blur, the future of WWE under Endeavor promises to be exciting and full of possibilities.
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