UFC’s New Pact With Paramount Skydance Lifts TKO’s Q1 Earnings

The UFC’s new licensing deal with Paramount Skydance helped boost TKO’s first quarter earnings as the pact with Paramount+ kicked in at the start of the year. TKO saw revenue for the quarter grow 26% year over year to $1.6 billion, while adjust earnings before interest, taxes depreciation and amortization grew 32% to $549.8 billion. […]