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TKO Group Holdings reports $30 million loss from UFC event

TKO Group Holdings announced a loss of around $30 million from its June UFC event held at the White House. The company's CFO, Andrew Schleimer, indicated that elevated costs were a primary factor, though some losses were offset by successful global partnerships.

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Andrew Schleimer

Our neutral summary

TKO Group Holdings announced a loss of around $30 million from its June UFC event held at the White House. The company's CFO, Andrew Schleimer, indicated that elevated costs were a primary factor, though some losses were offset by successful global partnerships.

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Original vs. Neutral

Original Headline

UFC parent company lost $30M on White House fight

Neutral Headline

TKO Group Holdings reports $30 million loss from UFC event