TKO Group Holdings, the parent company of the UFC, reported a loss of approximately $30 million from its June event at the White House. Andrew Schleimer, the chief financial officer, stated that the costs incurred for UFC Freedom 250 were significantly higher than normal, although some of the losses were mitigated through sold-out global partnerships inventory.
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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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UFC parent company lost $30M on White House fight
TKO Group Holdings reports $30 million loss from UFC event