Latest news with #TKO
Yahoo
9 hours ago
- Entertainment
- Yahoo
WWE's R-Truth Decision on Sunday Is Turning Heads
WWE's R-Truth Decision on Sunday Is Turning Heads originally appeared on Athlon Sports. The WWE has released veteran superstar R-Truth, and wrestling fans are unhappy. Truth, also known as Ron Killings outside the squared circle, is one of the company's oldest wrestlers at 53. In a post on X from Sunday, he thanked the promotion and its fans, who adored his character after spending 17 years with them. Advertisement 'I'm sorry to inform you all,' Killings wrote. 'I just got released from WWE." He continued, 'I want to thank WWE for the ride, but mostly, I want to thank each and every one of you who was along for the ride. Thank you for all the love, support, and appreciation you have given me over the years. Thank you.' Following the announcement, fans and fellow wrestling personalities took to social media to express their frustration. 'I normally don't get crazy about wrestlers getting released, but R Truth,' one posted on X. 'I love (Ron Killings),' Monday Night Raw commentator and podcaster Pat McAfee wrote. 'It's guaranteed joy when he's a part of a segment. He's also my dad's favorite WWE superstar of all time. Advertisement He continued, 'The McAfees are bummed but we all know R Truth will continue to bless the world with his big brain. Thank you Truth.' 'Woke up to people saying R truth got released,' another shared. 'R-Truth has been released by WWE,' one fan worte. 'TKO count your days.' 'No way I wake up and the first thing I see is that R-Truth has been released,' another fan posted. Fans of Killings are outraged because he is considered a fan-favorite superstar due to his hilarious and sometimes delusional character. He has never won a world championship but captured the United States title twice in 2010 and 2019. Advertisement Killings is also the most famous 24/7 champion because he won the belt 53 times during its lifetime from 2019-2022. He also teamed with fellow veteran wrestlers the Miz and Kofi Kingston to win the Tag Team Championships in 2012 and 2024. It is unclear if Killings plans to continue his wrestling career following the departure, but he could sign with rival promotion AEW to continue to amuse fans. Related: WWE Releases Unexpected Superstar After John Cena Match This story was originally reported by Athlon Sports on Jun 1, 2025, where it first appeared.
Yahoo
2 days ago
- Business
- Yahoo
TKO Group Holdings (NYSE:TKO) Declares US$75 Million Dividend Amidst Ongoing Legal Challenges
TKO Group Holdings has declared a quarterly cash dividend of $0.38 per share and faced a class action antitrust lawsuit, challenging the practices of its UFC segment. These developments provide context for TKO's 5% increase over the last quarter. The company's decision to maintain its dividend payout reflects a commitment to shareholder returns, while the legal challenges may present ongoing considerations for its market position. During this period, TKO also announced a revenue guidance increase and saw favorable index changes, potentially adding positive weight to its stock performance amidst broader market growth trends. We've spotted 2 possible red flags for TKO Group Holdings you should be aware of. Find companies with promising cash flow potential yet trading below their fair value. Over the past year, TKO Group Holdings has achieved a total return, including both share price appreciation and dividends, of 45.08%. This outpaces the overall US market return of 12.5% for the same period, although it underperformed the US Entertainment industry, which saw a significant 56.6% increase. TKO's commitment to returning value to shareholders is underscored by the declared quarterly dividend of $0.38 per share, which remains a key component of its shareholder remuneration strategy. The company's recent revenue guidance increase, amid favorable earnings reports, indicates a strong focus on growth, as it targets a revenue range of $3.01 billion to $3.08 billion for 2025. This, coupled with ongoing robust performance from its UFC and WWE segments, might enhance earnings and potentially realign market expectations positively. TKO's current trading price remains lower than the consensus analyst price target of $181.72, suggesting a market perception of potential upside. However, legal challenges, such as the antitrust class action, warrant attention as they may impact the company's strategic positioning and financial outcomes. Click to explore a detailed breakdown of our findings in TKO Group Holdings' financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:TKO. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
USA Today
2 days ago
- Sport
- USA Today
What time is Caleb Plant vs. Jose Armando Resendiz? Ring walk time for fight Saturday
What time is Caleb Plant vs. Jose Armando Resendiz? Ring walk time for fight Saturday The highly anticipated match between Caleb Plant and Jose Armando Resendiz will take place on Saturday night at Mandalay Bay in Las Vegas, promising an electrifying boxing weekend event. Plant, with an impressive record of 23 wins and 2 losses, including 14 knockouts, is coming off a thrilling technical knockout victory in the ninth round against Trevor McCumby in September 2024, following a unanimous decision loss to David Benavidez in March 2023. Resendiz, with a record of 15 wins and 2 losses, including 11 knockouts, is coming off a knockout victory against Fernando Palizo in Guadalajara, Mexico, in February of this year. This victory was a strong comeback after a loss to Elijah Garcia in September 2023, where he was defeated by TKO in the eighth round. Here is the estimated ring walk for Caleb Plant vs. Jose Armando Resendiz on Saturday: MORE: British boxer Georgia O'Connor dies at 25, days after getting married When does Caleb Plant vs. Jose Armando Resendiz start? The Caleb Plant vs. Jose Armando Resendiz fight card consists of 10 fights and will begin at 8 p.m. ET on Saturday. The fight between Plant and Resendiz is expected to start around 11 p.m. ET. However, the duration of the card will impact when Plant and Resendiz actually fight. How to watch Caleb Plant vs. Jose Armando Resendiz Date: Saturday, May 31, 2025 Saturday, May 31, 2025 Time: 8 p.m. ET/5 p.m. PT 8 p.m. ET/5 p.m. PT Location: Michelob Ultra Arena at Mandalay Bay in Las Vegas, Nevada Michelob Ultra Arena at Mandalay Bay in Las Vegas, Nevada TV: N/A N/A Streaming: Prime Video Stream Plant vs. Resendiz with Amazon Prime Caleb Plant vs. Jose Armando Resendiz fight card
Yahoo
2 days ago
- Entertainment
- Yahoo
WWE WrestleMania 42 No Longer Taking Place In New Orleans
WWE WrestleMania 42 in the Big Easy might not be a done deal anymore. According to a new report from Wrestlenomics, WrestleMania 42 will no longer take place in New Orleans in 2026. A statement provided to Wrestlenomics claims New Orleans will get a future WrestleMania in an unspecified year. In addition, New Orleans will get two major events, one being the 2026 Money In The Bank event. Advertisement 'The Greater New Orleans Sports Foundation and New Orleans & Company are working closely with our friends at TKO to expand our long-standing partnership,' the statement from the Greater New Orleans Sports Foundation reads. 'Which will include UFC 318 on July 19, 2025, Money In The Bank in 2026, and WrestleMania – which will move from the currently scheduled 2026 timeframe to a future year.' New Orleans & Company is a marketing group that promotes the New Orleans tourism industry. This is similar to how the Las Vegas Convention and Visitors Authority promoted WrestleMania 41. Update: Fightful's Sean Ross Sapp is reporting that WWE confirmed the Wrestlenomics report is true. In addition, the WWE source noted that the change is part of a larger deal that adds the 2026 Money In The Bank event and a future Wrestlemania event. Update 2: A new report claims WrestleMania will return to Las Vegas in 2026. Where will WrestleMania 42 take place? WWE has not announced where WrestleMania 42 will now take place. Money In The Bank typically takes place in June or July. However, a date for the 2026 event was not mentioned. It was noted that the UFC and MITB events are part of a broader 'multi-event, multi-year agreement' being negotiated between local organizers and WWE and UFC parent company TKO. Advertisement New Orleans was only announced as the WrestleMania 42 location in February. That announcement came courtesy of The Rock, who delivered the news on an episode of SmackDown that taped in the city. WrestleMania 42 was originally scheduled to take place on April 11-12, 2026 at the Caesars Superdome. The venue previously hosted two other WrestleManias in 2014 (XXX) and 2018 (34). WWE had also gone as far as announcing televised WrestleMania 42 week events in New Orleans. However, these events are also likely going to be rescheduled. Read More: The Rock: WWE Was Going To Announce WrestleMania 42 Location At The Super Bowl The post WWE WrestleMania 42 No Longer Taking Place In New Orleans appeared first on Wrestlezone.
Business Wire
3 days ago
- Business
- Business Wire
TKO Declares Quarterly Cash Dividend
NEW YORK--(BUSINESS WIRE)--TKO Group Holdings, Inc. (NYSE: TKO) ('TKO' or the 'Company'), a premium sports and entertainment company, today announced that its board of directors has declared a quarterly cash dividend pursuant to which TKO's Class A common stockholders will receive their pro rata share of an aggregate distribution of approximately $75 million from TKO Operating Company, LLC to its equityholders. The per share dividend to the holders of TKO's Class A common stockholders will be $0.38 per share. The dividend will be paid on June 30, 2025 to Class A common stockholders of record as of the close of business on June 13, 2025. Future declarations of quarterly dividends are subject to the determination and discretion of TKO based on its consideration of various factors, such as its results of operations, financial condition, market conditions, earnings, cash flow requirements, restrictions in its debt agreements and legal requirements and other factors that TKO deems relevant. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. TKO intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including the expected dividend payment date and timing thereof. The words 'believe,' 'may,' 'will,' 'estimate,' 'potential,' 'continue,' 'anticipate,' 'intend,' 'expect,' 'could,' 'would,' 'project,' 'plan,' 'target,' and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees and involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from what is expressed or implied by the forward-looking statements, including, but not limited to those factors discussed in Part I, Item 1A 'Risk Factors' in TKO's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as any such factors may be updated from time to time in the Company's other filings with the SEC, which are accessible on the SEC's website at and TKO's Investor Relations site at Forward-looking statements speak only as of the date they are made and, except as may be required under applicable law, TKO undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. About TKO TKO Group Holdings, Inc. (NYSE: TKO) is a premium sports and entertainment company. TKO owns iconic properties including UFC, the world's premier mixed martial arts organization; WWE, the global leader in sports entertainment; and PBR, the world's premier bull riding organization. Together, these properties reach 210 countries and territories and organize more than 500 live events year-round, attracting more than three million fans. TKO also services and partners with major sports rights holders through IMG, an industry-leading global sports marketing agency; and On Location, a global leader in premium experiential hospitality. Website Disclosure Investors and others should note that TKO announces material financial and operational information to its investors using press releases, SEC filings and public conference calls and webcasts, as well as its Investor Relations site at TKO may also use its website as a distribution channel of material information about the Company. In addition, you may automatically receive email alerts and other information about TKO when you enroll your email address by visiting the 'Investor Email Alerts' option under the Resources tab on
