WWE Confirms Merger With UFC Parent Endeavor

Bam Margera is in hot water once again… this time for allegedly threatening to kill a man.

WWE on its UFC merger, which saw the formation of a new, global live sports and entertainment company. Other companies found within its entertainment and technology portfolio include DraftKings, SoundCloud and Imagine Entertainment.

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Britain’s Got Talent is set to return to screens next week for its 16th series, ITV has now announced. The new season of the long-running programme will see Bruno Tonioli as a new judge after he stepped down from Strictly Come Dancing.The 67 year old Italian dancer will join Amanda Holden, Alesha Dixon and Simon Cowell on the popular show panel.Two episodes will air over the April 15-16 weekend with auditions from Salford in Greater Manchester and London. Other contestants have been found through videos entered via WhatsApp and members of the public secretly nominating acts they love.

that she might really like.The model appeared on an episode of the podcast released on March 9, two weeks before , in which she spoke about this “kind of great” man she'd recently started seeing. “I just started dating someone that I think I like, so that is different,” she said.

combine UFC with WWE to form a new $21.4 billion live sports and entertainment company that will trade under the ticker symbol “TKO.” Expected to close by the end of the year, the deal will see Endeavor shareholders holding a 51% interest and WWE shareholders 49% of the new company.Traders’ response to the announcement was “too bearish,” Citi analyst Jason Bazinet said in a note to clients, according to TheFly.com.Bazinet wrote that some investors were likely looking for an all-cash offer rather than the all-stock deal the companies plan, but said that the stock sank too far. The remaining Endeavor company “may be the most mispriced,” the analyst wrote.

Vince McMahon called Monday “a great day” as his iconic company announced plans to sell a controlling stake to Endeavor in a merger with mixed martial arts firm UFC. “Things have to evolve. A family business has to evolve, for all the right reasons. And this is the right business decision, and it’s the right family decision,” McMahon said in an interview today on CNBC.

World Wrestling Entertainment (WWE) and the Ultimate Fighting Championship (UFC) will merge into one company as part of a sale to Endeavor Group Holdings. The new operation will be valued at $21.4 billion thanks to the UFC's $12.1 billion valuation and WWE's $9.3 billion. WWE Executive Chairman Vince McMahon will join the new "global live sports and entertainment company" in the same role.

Conor McGregor is very excited about the sports world’s big new merger.

Joe Otterson TV Reporter In a storyline worthy of the finest pro wrestling angles, the McMahon family’s nearly complete control of WWE is coming to an end after seven decades. That is not to say there will no one within the McMahon family at the helm of the sports entertainment juggernaut. With the announcement that Endeavor Group is purchasing WWE and combining it into a new company with the UFC, it was revealed that Vince McMahon will be executive chairman of the board of the new entity. In addition, Paul Levesque — known to fans as Triple H and also McMahon’s son-in-law — will stay on as chief content officer, a role he assumed in September 2022. But no longer will the WWE be the family-run business that WWE and its predecessors have been since McMahon’s father and grandfather began promoting professional wrestling in New York in 1953. As such, it marks the end of an era for TV’s dominant pro wrestling franchise.

Two of the world’s biggest fighting organizations are coming together.

Todd Spangler NY Digital Editor Endeavor is bringing together two of the world’s biggest combat-sports franchises — UFC and WWE — in a blockbuster merger announced Monday. It’s a deal in which “one plus one equals three,” said Endeavor president and COO Mark Shapiro, who will serve in the same role for the merged UFC-WWE. The pact, valuing the combined company at roughly $21.4 billion, is anticipated to close in the second half of 2023. The deal will result in an estimated $50 million to $100 million in annualized run-rate cost synergies, according to Endeavor, including by moving WWE to Endeavor’s back-office infrastructure. Shapiro said Endeavor, when it acquired UFC, realized $70 million in cost savings.

Endeavor Group Holdings and Worldwide Wrestling Entertainment have entered a definitive agreement to create a new $21.4 billion live sports and entertainment company consisting of UFC and WWE.The deal, which was unanimously approved by Endeavor and WWE’s boards of directors, values UFC at $12.1 billion and WWE at $9.3 billion. It is expected to close in the second half of 2023.Under the terms of the transaction, existing WWE shareholders will roll all existing equity into a new entity that will be the parent company of UFC and WWE (“NewCo” until it is named at a later date) and intends to list on the New York Stock Exchange under the ticker symbol “TKO”.

Patrick Frater Asia Bureau Chief Endeavor Group Holdings and World Wrestling Entertainment said Monday that they had signed a definitive agreement to form a new, publicly listed company consisting of two complementary, global sports and entertainment brands: UFC and WWE. The deal was reported to be close over the weekend by financial media CNBC and Bloomberg. Upon closing, Endeavor will hold a 51% controlling interest in the new company and existing WWE shareholders will hold a 49% interest. “Together, UFC and WWE will have global reach, impressive scale and omnichannel distribution,” Endeavor said in a statement.

CNBC, the top pro wrestling and mixed martial arts promotions in the world would both be operated under a new joint company led by Endeavor CEO Ari Emanuel. McMahon, who briefly stepped down from WWE this past July after the Wall Street Journal exposed years worth of hush money payments he made to several women to keep quiet about affairs and sexual misconduct, would serve as executive chairman of the new company.

J. Kim Murphy World Wrestling Entertainment Inc. (WWE) is nearing a deal to be acquired by Endeavor Group Holdings Inc. Bloomberg was first to report on the ongoing acquisition deal. The report states that “no final decision has been made” and that negotiations could potentially fall through. The talks coincide as WrestleMania 39, one of the organization’s premier annual events, continues to unfold. The two-day pay-per-view and streaming extravaganza concludes Sunday evening, with more than 80,000 fans in attendance in Los Angeles. The WWE has been actively exploring an acquisition deal for some time now. Vince McMahon, the longtime public face and majority owner of the professional wrestling organization, returned to the company as executive chairman in January. McMahon had exited his WWE leadership role last year amid investigations into sexual misconduct allegations, leaving his daughter, Stephanie McMahon, to take on offices as chairman and co-CEO alongside Nick Khan, who previously served as the company’s president.

The WWE, which has been exploring a potential sale over the past few months, is in the process of being acquired by UFC parent Endeavor Group Holdings.

Matthew McConaughey's "Yellowstone" spinoff is officially moving forward at Paramount regardless of Kevin Costner's future on the franchise's flagship show. Paramount Media Networks President and CEO Chris McCarthy confirmed in an interview with the Hollywood Reporter the 53-year-old actor is lined up to star in an extension series set within the "Yellowstone" universe.  According to McCarthy, McConaughey's upcoming show is going ahead regardless of whether Costner, who is rumored to be considering an exit, remains with the original series.