DIRS.INFO The most relevant business & tech news

The CNBC Sport videocast brings you interviews with the biggest names in the business. In this week's episode, CNBC's Alex Sherman sits down with TKO Group Chief Operating Officer Mark Shapiro. They talk about whether Netflix could bid for UFC media rights, Shapiro's relationship with Vince McMahon and why sports betting is off the table. Watch the full conversation above, and sign up to receive future editions of the CNBC Sport newsletter straight to your inbox.

Persons: CNBC's Alex Sherman, Mark Shapiro, Vince McMahon Organizations: CNBC, videocast, Netflix, UFC

UFC media rights are up for renewal next year, and TKO Group Chief Operating Officer Mark Shapiro tells me he thinks Netflix could be getting in the ring. "I think absolutely, they'll be at the table on UFC," Shapiro said in an exclusive CNBC Sport interview. Still, even with the WWE deal, Netflix didn't fully embrace its new role as a platform for live sports. "I think absolutely, they'll be at the table on UFC," Shapiro said in an exclusive CNBC Sport interview. Still, even with the WWE deal, Netflix didn't fully embrace its new role as a platform for live sports.

Persons: Alex Sherman, Mark Shapiro, Shapiro, They've, We've, Ted Sarandos, Sarandos, it's, Jake Paul, Mike Tyson, Netflix hasn't, we're, Tyson, Paul, It's, Vince McMahon, McMahon, He's, he's, –, We're, Dick Clark, Paul Levesque, Dana White, Stan Kasten, Adam Silver, Adam, I'm, That's, Juan Soto, Shohei, Ohtani, Kasten, Jonathan Kraft, Sportico's, Kraft, Babe Ruth, Collect, Ruth, Red Ruth, Deiveson Figueiredo, Brandon Moreno, Louis Grasse Organizations: CNBC, UFC, Netflix, WWE, Disney, MMA, National Football League, NFL, Dick Clark Productions, Golden Globe, –, Professional Bull Riders, Endeavor, PGA Tour, Comcast, Dodgers, NBA, Major League Baseball, New York Yankees, Nice, CNBC Sport, Ham Fighters, Summer, NBC, Tennis, Consumers, New England Patriots, Boise State, Louis Locations: U.S, Canada, It's, Los Angeles, Ohtani's, Hokkaido Nippon, Oregon, Gila, Glendale , AZ

☆ CNBC Sport: Adam Silver speaks exclusively, and TKO makes a big bet
▼ + stars: | 2024-10-24 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +21 min

The latter two are new partners (new-ish, at least – NBC is back after losing NBA rights in 2002 ). Warner Bros. Warner Bros. On the record With NBA Commissioner Adam Silver... Silver spoke to me about a lot of issues. Warner Bros.

Persons: Alex Sherman, Adam Silver, Mark Shapiro, we're, Silver, Max, David Zaslav, Luis Silberwasser, Zaslav, Silberwasser, Charles Barkley, Kenny Smith, Shaquille O'Neal, Ernie Johnson, divisiveness, we've, We're, David Stern, Chris Paul, CNBC's Jessica Golden, Gabrielle Fonrouge, Luis Suárez, Lionel Messi, CNBC's Lillian Rizzo, You've, Hurricane Milton, CNBC's Contessa Brewer, Jessica Golden, SeatGeek, Joe Biden Biden, Caitlin Clark, Goldin, LeBron James, Bronny James, Greg Rosenstein, Ari Emanuel, Brendan Mcdermid, Comcast's Organizations: CNBC, WWE, UFC, Endeavor Group, Endeavor, Professional Bull Riders, IMG, Ryder, FIFA, NFL, English Premier League, National Hockey League, Major League Soccer, PBR, NBA, Warner Bros, Disney, Comcast, NBC, Discovery, Big Tech, TNT Sports, Amazon, TNT, Turner Sports, Discovery Communications, Warner Brothers Discovery, Inside, Sony, Los Angeles Lakers, CNBC Sport, Nike, WNBA, MLS, New York Yankees, Los Angeles Dodgers, Twitter, New York Liberty, Indiana, Basketball Players, CBA, Hockey League, NHL, Lululemon, New York Stock Exchange, Reuters Locations: U.S, Hurricane, Tampa , Florida, underwhelmed, New York City

☆ TKO Group to acquire IMG, Professional Bull Riders and On Location from Endeavor for $3.25 billion
▼ + stars: | 2024-10-24 | by ( Alex Sherman | In Alex-Sherman | ) www.cnbc.com time to read: +2 min

TKO Group , the company that owns WWE and UFC, is expanding into sports-adjacent properties by acquiring three businesses for $3.25 billion from its controlling owner, Endeavor Group . The businesses are Professional Bull Riders, On Location, and IMG, the companies announced Thursday. The deal is all stock, and Endeavor's ownership in TKO will increase from 53% to 59%. While the company does acquire a new league in PBR, the world's largest bull riding league, it also is expanding into luxury hospitality with On Location and media rights consultancy through IMG. "At TKO, we're primarily interested in league ownership if that exists and businesses that can power our current sports ecosystem.

Persons: Ari Emanuel, Dwayne, Johnson, Mark Shapiro, we're, Silver Lake, Shapiro, Sean Gleason, TKO Organizations: CNBC, New York Stock Exchange, WWE, UFC, Endeavor Group, Professional Bull Riders, IMG, Endeavor, Silver Lake, Silver, PBR, Ryder, FIFA, NFL, English Premier League, National Hockey League, Major League Soccer Locations: New York City, U.S

WWE and its parent company, TKO, have said that they take Grant's allegations "very seriously." Staying in touchMcMahon has also talked to Trump, according to two of the people close to the wrestling impresario. The two billionaires have been in touch regularly, according to a person close to McMahon, although it isn't clear what they've discussed. Another person close to McMahon said that the two men don't discuss their legal problems and that Trump doesn't provide legal advice. Publicly, Johnson has thanked TKO and WWE executives regarding his addition to the TKO board earlier this year.

Persons: Vince McMahon, Donald Trump, Mark, McMahon, Janel Grant, he's, hasn't, Mark Shapiro, doesn't, McMahon hasn't, Paul, Levesque, Stephanie McMahon, wasn't, Jessica Rosenberg, Grant's, Jan, John Laurinaitis, Janel, couldn't, Ann Callis, Grant, Nicholas Biase, Linda McMahon, McMahon's, Bill Pugliano, Donald J, Trump, Dwayne, Johnson, John Cena, Cena, Howard Stern, I'm, William Morris, Cena didn't, Endeavor Group's, Ari Emanuel, Brendan Mcdermid Organizations: WWE, Austin Straubel, Getty, World Wrestling, NBC News, CNBC, Triple, Federal, U.S, Attorney's, Southern, of, Trump, WWE Hall of Fame, PAC, Trump Media, Technology Group, Street Journal, Trump Foundation, Hollywood, William, William Morris Endeavor, Endeavor Group, Endeavor, Endeavor Group's UFC, Longtime Hollywood, New York Stock Exchange Locations: Green Bay , Wisconsin, United States, Caicos, Italy, of New York, Connecticut, Manhattan, Atlantic City, Trump's, York, New York City, U.S

☆ How WME trains its future agents to nurture the next A-list client like Selena Gomez or Ryan Coogler
▼ + stars: | 2024-03-25 | by ( Lucia Moses | ) www.businessinsider.com time to read: +8 min

Read previewAt the talent agency WME, top agents work to nurture the careers of A-list stars like Selena Gomez and Ryan Coogler. AdvertisementTrainees learn from WME clients like Rachel Maddow. At the end of each year, there's a fireside chat with Mark Shapiro, president and COO of WME parent Endeavor and TKO, who's been joined by WME clients Rachel Maddow and Robin Roberts. AdvertisementThe program helped lead to a TV show dealTrainees presented a business plan for WME client Christina "Tinx" Najjar. (The trainee program is separate from WME's highly competitive mailroom program that trains recent college grads to become agent assistants.)

Persons: —, Selena Gomez, Ryan Coogler, Marc Korman, Rachel Maddow, Nathan Congleton, Mike Simpson, Quentin Tarantino, there's, Mark Shapiro, who's, Robin Roberts, Justin Timberlake, Korman, Christina, Tinx, Dia Dipasupil, William Morris, Anna DeRoy, Talitha Garrett, WME's, Garrett, DeRoy, WME, It's, Ari, Ari Emanuel, COVID, they'll, Nat Wyatt, Maddow, Sunny Hostin, Wyatt, they're, Olivia Rodrigo Organizations: Service, Business, Getty, Endeavor, HBO Locations: NBCU, Silicon, Nashville

☆ Shares of UFC and WWE parent company are primed to rally 40%, Jefferies says
▼ + stars: | 2024-02-12 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Jefferies thinks investors should buy up TKO Group , calling the company a "knockout combo" of two major entertainment giants. That price target suggests shares could jump more than 39 % from Friday's close. The company is 51% owned by Endeavor Group Holdings, which owns UFC and Hollywood talent agency WME, and 49% owned by WWE shareholders. That price target suggests shares could jump more than 39% from Friday's close. Kronos Worldwide Inc KRO ANALYST CONSENSUS 3 Ratings Hold 0 Strong Buy 0 Strong Buy 1 Buy 1 Buy 0 Hold 0 Hold 2 Underperform 2 Underperform 0 Sell 0 Sell Current Price ( ) 11.00 Highest Price Target Upside (-4.3%) 8.67 Average Price Target 7.00 Lowest Price Target

Persons: Jefferies, Randal Konik, WME, Ari Emanuel, Konik, Dana White, Vince McMahon, Ariel Emanuel, Mark Shapiro, Michelle Farsi, Kronos Organizations: World Wrestling Entertainment, Endeavor Group Holdings, UFC, Hollywood, WWE, Endeavor, New York Stock Exchange, Getty, Inc Locations: Friday's, New York City

WWE's weekly television show “Raw” will move to Netflix next year as part of a major streaming deal. “Raw,” which debuted in 1993, has produced 1,600 episodes to date and features wrestlers such as Cody Rhodes, Becky Lynch, Seth Rollins and Rhea Ripley. “We are excited to have WWE Raw, with its huge and passionate multigenerational fan base, on Netflix,” Chief Content Officer Bela Bajaria said in a prepared statement. WWE, which is part of TKO Group Holdings Inc., said Tuesday that “Raw” will air on Netflix starting in January 2025. This will be the first time that WWE will air on the network in prime time.

Persons: “, Cody Rhodes, Becky Lynch, Seth Rollins, Rhea Ripley, Bela Bajaria, Mark Shapiro, ”, Dwayne “, ” Johnson, Johnson Organizations: Netflix, USA Network, WWE, Punk, Holdings Inc, World Wrestling Entertainment Inc, NBCUniversal, NBC Locations: U.S, Canada, America, Fox

Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE's flagship program Raw starting next year, in Netflix's first major foray into live sports. Netflix, which is trying to drive revenue by cutting down on subscription sharing and pushing viewers toward its ad-tier membership, has made few attempts at live programming in its history. With WWE permission, Netflix could even develop movies or series around WWE characters, one of the people said. For TKO, the parent company of WWE, striking a deal with Netflix brings WWE wrestling to about 250 million global subscribers. WWE President Nick Khan has had Netflix on his radar as a potential landing spot for Raw for several years.

Persons: Dwayne Johnson, Mark Shapiro, Rupert Murdoch, Nick Khan, Khan Organizations: Netflix, Raw, WWE, SmackDown, NXT, USA Network, ESPN, Turner, NFL, Fox Locations: U.S, Canada, America

☆ Dwayne ‘The Rock’ Johnson scores mega payday to join the WWE’s board
▼ + stars: | 2024-01-23 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

He also secures full ownership of his stage name, “The Rock,” as part of the deal. I’ve been there, I’m still there and this is for them.”The TKO board now has 13 members, following Tuesday’s appointment of Groupon co-founder Brad Keywell as well. “Very few people on the planet understand the convergence of sports, entertainment, media, and business like Rock,” Vince McMahon, executive chairman of TKO’s board said. The show will begin streaming live January 2025. WWE had an early foray into the streaming business but largely failed to win enough subscribers to support itself.

Persons: New York CNN — Dwayne “, ” Johnson, , Johnson, Johnson’s, I’ve, I’m, Groupon, Brad Keywell, ” Vince McMahon, ”, Mark Shapiro Organizations: New, New York CNN, Holdings, WWE, UFC, Netflix, ZOA Energy, Seven Bucks, United Football League, World Wrestling Entertainment, Endeavor Group, Endeavor, Comcast’s USA, NBC Locations: New York

☆ Ari Emanuel breaks down new merger between WWE and UFC, named TKO
▼ + stars: | 2023-09-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAri Emanuel breaks down new merger between WWE and UFC, named TKOAri Emanuel, Endeavor CEO, and Mark Shapiro, Endeavor COO, join 'Squawk on the Street' to discuss why it's important to have both the CEO and COO in today's interview, how the pair split up responsibilities, and much more.

Persons: Ari Emanuel, Mark Shapiro Organizations: WWE, UFC, Endeavor

☆ TKO, the newly merged UFC-WWE, aspires to grow beyond fighting
▼ + stars: | 2023-09-12 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Ultimate Fighting Championship and World Wrestling Entertainment executives decided to name their new publicly traded company TKO to honor the companies' expertise in fighting, but they have broader aspirations than just owning combat sports. That includes eventually going to market together for international media rights and bringing together the company's production efforts and back offices, Shapiro said. After that, TKO plans to swing into acquisition mode to grow the company, he said. Endeavor also owns Professional Bull Riders and two tennis tournaments — the Mutua Madrid Open and the Miami Open. In the coming months, TKO executives will also negotiate new media deals for WWE "Raw" and "SmackDown" on traditional pay TV.

Persons: WME, Mark Shapiro, Shapiro Organizations: Wrestling Entertainment, New York Stock Exchange, Endeavor Group Holdings, UFC, Hollywood, WWE, CNBC, Endeavor, Professional Bull Riders, Madrid, Miami, WME, Fox

☆ Blue Jays slam five homers to beat Tigers 9-3 in home opener
▼ + stars: | 2023-04-12 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

[1/5] Apr 11, 2023; Toronto, Ontario, CAN; Toronto Blue Jays third baseman Matt Chapman (26) hits a home run against the Detroit Tigers during the fourth inning at the Rogers Centre. While work continues on both the team and stadium the early reviews are positive, the Blue Jays living up to their explosive reputation with a home opener record five homers that underscores their status as World Series contender. 'Take me out to the ball game' can still be heard at every ball park but vendors shouting out, "peanuts , cracker jacks" not so much. You do not even need to be that interested in baseball, said Blue Jays president Mark Shapiro, adding the ball park can just be a place to go. The Tigers' Nick Maton hit a three-run second inning homer but the Blue Jays hit back in the bottom of the inning, Kirk answering with an RBI double.

Shares of WWE fell in premarket trading, while Endeavor shares rose. Ari Emanuel will act as chief executive of both Endeavor and the new company, the companies said. McMahon, likewise, will be executive chairman, while Endeavor President and COO Mark Shapiro will also work in the same roles at the new company. Dana White will remain as president of UFC, and WWE CEO Nick Khan will stay on as president of the wrestling business. Stefanie Keenan | Getty Images Entertainment | Getty ImagesThe announcement confirmed an earlier CNBC report.

☆ UFC merger beefs up WWE's leverage in media rights negotiations
▼ + stars: | 2023-04-03 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

Networks and streaming services need to get ready for a media rights smackdown. UFC should also benefit ahead of 2025, when its U.S. media rights deals come up, including with Disney's ESPN. "I think everything is up for grabs with these media rights deals. During his time with CAA, he had formed a relationship with McMahon during a recent round of TV rights negotiations for WWE. It will also work for UFC negotiations, he noted.

☆ WWE near deal to be sold to UFC parent Endeavor, sources say
▼ + stars: | 2023-04-02 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

Vince McMahon's World Wrestling Entertainment is in advanced talks to be sold to Ari Emanuel's Endeavor Group , the parent company of UFC, according to people familiar with the matter. McMahon, likewise, is expected to be executive chairman, while Endeavor President Mark Shapiro will also work in the same role at the new company. Dana White will remain as president of UFC, while WWE CEO Nick Khan will serve as president of the wrestling business. Paul Levesque, who's both Stephanie McMahon's husband and the wrestler known as Triple H, took over creative duties from Vince McMahon. When Vince McMahon came back in January, Stephanie McMahon stepped down and Khan fully assumed the CEO role.

A Thai businesswoman and transgender advocate bought the Miss Universe Organization for $20 million, making her the first woman to own the global beauty pageant in its 71-year history, her company announced Wednesday. The Miss Universe Organization, which was co-owned by former President Donald Trump between 1996-2015, was bought by Endeavor’s IMG in 2015. Miss Universe, Harnaaz Sandhu of India, waves after being crowned Dec. 12, 2021, in Eilat, Israel. The Miss Universe pageant, which started in 1952, broadcasts in 165 countries. The pageant featured its first transgender contestant in 2018, when Miss Spain, Angela Ponce, competed for the crown.

Search resuls for: "Mark Shapiro"

17 mentions found